Technical
Financial
Distress signals
Property profile

1009 Bowen Rd Arlington, TX 76012

OFF-MARKET
Strip malls
Property ID
US82-0470724
3,800 SF 0.44 ac lot Built 1973
Individually Owned 13-yr Hold Absentee Owner Free & Clear
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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

Location

1009 Bowen Rd Arlington, TX 76012-2839
Arlington metro Census 121613 DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$305k

Owner & transaction history

since 2013
2 recorded transactions
2013
Price N/A
2005
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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