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Property profile & analytics
OFF-MARKET Estimated value $1,115,000
Office buildings

120 Abram St Arlington, TX 76010-1101

7,440 SF 0.25 ac lot Built 1970
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US82-3682545
Property summary
AI-generated overview

This exceptional 7,650 square foot office building, located at 120 E Abram St in Arlington, Texas, presents a unique investment opportunity. Currently fully vacant, this single-story, Class B building offers five individual suites ranging from approximately 980 to 1,967 square feet, perfect for a variety of tenants. Built in 1970 and extensively renovated in 2022, the property boasts a desirable location in Tarrant County, zoned F1. Its convenient downtown Arlington address places it directly across from City Hall and the library, offering easy access to municipal services and a vibrant urban atmosphere. The property sits on a 0.25-acre lot and provides ample street parking, with additional public garages conveniently located nearby. The building's versatile design, encompassing both traditional and medical office subtypes, makes it an ideal choice for a diverse range of businesses. This is a rare chance to acquire a fully vacant, renovated building in a high-traffic area with excellent visibility and proximity to essential amenities. The property's recent renovation ensures modern functionality and aesthetics, minimizing immediate capital expenditure needs for the new owner. The flexible suite sizes allow for customization to suit individual tenant requirements, maximizing rental income potential. This prime location offers unparalleled access to a thriving community and a strong potential for long-term growth.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1970
Total area 7,440 SF
Lot 0.25 ac (11,103 SF)
APN 958-50-5R1
UPID US82-3682545
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
Current use
Occupant on record · Public records
  • Vocalcom USA (Bike/Boat/Book/etc) Store Corporate Office
  • TireonTime Auto Repair Shop
  • S-Wellness Clinic Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.18M
Blend (final) Blend
$1.12M
Owner & transaction history
Skylight Parks LLC · 3 yrs held
Skylight Parks LLC
since 2023
2 recorded transactions
2023
Price N/A
2001
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $905,000 +18.7%
Commercial (general) $885,000 +16.4%
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