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Property profile & analytics
OFF-MARKET
Estimated value
$520,000
Office buildings
1251 Grn Oaks Blvd Arlington, TX 76013-8336
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-2183678
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2006
Total area
6,325 SF
Lot
0.74 ac (32,191 SF)
APN
31205-6-2A2
UPID
US82-2183678
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
-
Alamo Title Co Title Company
-
Farmers Insurance - Jimmy Gary Insurance Agency
-
Farmers Insurance - Jordan Reaves Insurance Agency
-
House Buyers Texas Real Estate Agency
-
Edward Jones - Financial Advisor: Linda B Dingee Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$390k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$646k
Blend (final)
Blend
$520k
Owner & transaction history
American Silversmiths INC · 2 yrs held
American Silversmiths INC
since 2024
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$720,000
+57.1%
Medical building
$560,000
+22.3%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Arlington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Arlington submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$390,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$460,000
Current use
RESTAURANT
$720,000
Change: +57% · Conversion: Moderate
MEDICAL BUILDING
$560,000
Change: +22% · Conversion: Easy
RETAIL STORES
$440,000
Change: -4% · Conversion: Moderate
AUTO REPAIR, GARAGE
$365,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$520k
Range $468k – $572k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$82 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$20,300
Tax year 2023
Assessed value
$1,000,000
Assessed 2024
Previous assessed
$942,700
+6.1% YoY
Effective rate
2.03%
On assessed value
Assessed land
$273,624
Assessed improvement
$726,376
Land market value
$273,624
Improvement market value
$726,376
Total market value
$1,000,000
Applied tax rate
224.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2006
Heating
NONE
Stories
1
Total area
6,325 SF
Lot
0.74 ac (32,191 SF)
APN
31205-6-2A2
UPID
US82-2183678
Jurisdiction
TARRANT
Metro division
FORT WORTH-ARLINGTON, TX METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$460,000
RESTAURANT
Est. value
$720,000
MEDICAL BUILDING
Est. value
$560,000
RETAIL STORES
Est. value
$440,000
AUTO REPAIR, GARAGE
Est. value
$365,000
OFFICE BUILDING Current
RESTAURANT
MEDICAL BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2006
Heating
NONE
Stories
1
Lot
0.74 ac
Current owner
From public records · entity-resolved
American Silversmiths INC
Entity
Free & Clear · 2 yrs held
Mailing address
1281 W GRN OAKS BLVD STE #115, ARLINGTON, TX 76013-8347
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 13, 2024
—
American Silversmiths INC
—
Deed
related
$848,000 · Bank Of America NA
Jan 30, 2024
—
American Silversmiths INC
Donald G Scanlin
Special Warranty Deed
—
Dec 14, 2016
—
First Amended And Restated Scanlin
Jim Talley
Warranty Deed
$715,000 · Zb NA
—
—
Jim Tally
—
Deed Of Trust
related
$667,500 · Southwest Securities Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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