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1001 Grn Oaks Blvd Arlington, TX 76006-2318

OFF-MARKET Strip malls Google Maps
52,948 SF 5.25 ac lot Built 1986
Entity Owned 4-yr Hold Absentee Owner Free & Clear
Estimated value (blended)
$1.43M
Range $1.28M – $1.57M (±10%)
Property ID US83-3648021

Property summary

AI-generated overview

St. Michael's of Arlington offers exceptional office space in a vibrant North Arlington location. This single-story, 53,058 square foot building features 16 suites, with 8,700 square feet currently vacant. Ideal for businesses seeking flexible space, the minimum divisible unit is 1,200 square feet, with a maximum contiguous space of 1,300 square feet. The property is situated at 1001 NE Green Oaks Blvd, Arlington, TX 76006, conveniently located at the intersection of NE Green Oaks Blvd and North Collins St in Tarrant County. This retail, office, and restaurant-zoned building benefits from its strategic placement at the entrance to Viridian, a thriving 2,000-acre master-planned community. Viridian boasts 4,200 residential units and 500,000 square feet of mixed-use retail, commercial, and entertainment space, ensuring a high volume of potential customers and employees. The property's location provides excellent visibility and accessibility, making it an attractive option for a variety of businesses. Currently, there are three available spaces ranging from 1,200 to 5,000 square feet, offering opportunities for businesses of various sizes. This is a unique opportunity to establish a presence in a rapidly growing area with strong residential and commercial support. The property's single-story design offers convenient access and ample parking.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1986
Total area 52,948 SF
Lot 5.25 ac (228,690 SF)
APN 34548-3-1A1
UPID US83-3648021

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Employment Agency
  • Bank Credit Union
  • (Bike/Boat/Book/etc) Store
  • Nail Salon
  • Furniture & Home Goods Home Decor Store

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.43M

Owner & transaction history

since 2022
6 recorded transactions
2022
Price N/A
2016
Price N/A
2011
Price N/A
2006
Price N/A
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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