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    OFF-MARKET
    Strip malls

    1009 Bowen Rd, Arlington, TX 76012-2839

    3,800 SF 0.44 ac lot Built 1973
    Individually Owned 13-yr Hold Absentee Owner Free & Clear
    Property ID
    US82-0470724
    Property summary
    AI-generated overview

    This exceptional mixed-use property, located at 1009 N Bowen Rd, Arlington, TX 76012, presents a compelling investment opportunity. The single-story, 3,800 square foot building, constructed in 1973, sits on a 0.435-acre lot and is currently vacant, offering immediate potential for a variety of retail uses. Zoned for commercial purposes, the property boasts 16 parking spaces and a convenient double drive-through. The building features a ceiling height ranging from 8 to 12 feet, providing ample space for various retail configurations. The property is situated in a desirable Arlington neighborhood near Interlochen, offering excellent visibility and accessibility. The asking price is $851,500, representing a strong value for this prime retail location. The property's existing infrastructure and convenient location make it an ideal investment for entrepreneurs seeking to establish a thriving retail business or for investors looking for a strong return on investment in a growing market. The property type is classified as mixed-use, encompassing retail and self-storage possibilities. The permitted zoning is explicitly commercial, ensuring flexibility in potential uses. Ownership is considered clear.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 1973
    Total area 3,800 SF
    Lot 0.44 ac (19,066 SF)
    APN 30885-4-18B
    UPID US82-0470724
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    by Request
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    Blend (final) Blend
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    Owner & transaction history
    Mann S Purewall · 13 yrs held
    Mann S Purewall
    since 2013
    2 recorded transactions
    2013
    2005
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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