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Property profile & analytics
OFF-MARKET
Estimated value
$630,000
Office buildings
1408 Abram St Arlington, TX 76013-1789
Entity Owned
3-yr Hold
Free & Clear
Property ID
US82-3512292
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1986
Total area
9,344 SF
Lot
0.58 ac (25,086 SF)
APN
11190-1-E
UPID
US82-3512292
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
-
Sharon L Walker Lcsw Physician
-
Amy E. Miller, LPC Counselor Doctor
-
Child and Adolescent Counseling Medical Clinic Physician
-
Jennifer L. Crouch Clark, LCSW Foster Care Service Social Service Agency
-
crouch clark counseling Counselor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$400k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$862k
Blend (final)
Blend
$630k
Owner & transaction history
K I D S Early Learning Centers LLC · 3 yrs held
K I D S Early Learning Centers LLC
since 2022
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$830,000
+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
$400,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$675,000
Current use
MEDICAL BUILDING
$830,000
Change: +22% · Conversion: Easy
RETAIL STORES
$655,000
Change: -4% · Conversion: Moderate
AUTO REPAIR, GARAGE
$545,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$630k
Range $567k – $693k · ±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
$67 / 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
$26,296
Tax year 2023
Assessed value
$1,191,709
Assessed 2024
Previous assessed
$1,191,709
+0.0% YoY
Effective rate
2.21%
On assessed value
Assessed land
$125,440
Assessed improvement
$1,066,269
Land market value
$125,440
Improvement market value
$1,066,269
Total market value
$1,191,709
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
1986
Heating
NONE
Stories
2
Total area
9,344 SF
Lot
0.58 ac (25,086 SF)
APN
11190-1-E
UPID
US82-3512292
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
$675,000
MEDICAL BUILDING
Est. value
$830,000
RETAIL STORES
Est. value
$655,000
AUTO REPAIR, GARAGE
Est. value
$545,000
OFFICE BUILDING Current
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
1986
Heating
NONE
Stories
2
Lot
0.58 ac
Current owner
From public records · entity-resolved
K I D S Early Learning Centers LLC
Entity
Free & Clear · 3 yrs held
Mailing address
1408 W ABRAM ST, ARLINGTON, TX 76013-1789
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 21, 2022
—
K I D S Early Learning Centers LLC
Frank W Hill
Special Warranty Deed
—
May 10, 2021
—
Frank W Hill
1408 West Abram Street
Warranty Deed
$1,000,000 · American Nation Bank
—
—
1408 W Abram Street Jv
—
Loan Modification
related
$756,443 · Prosperity Bk
—
—
Hill Gilstrap
—
Deed Of Trust
related
$100,000 · Prosperity Bank
—
—
1408 W Abram Street Jv
—
Deed Of Trust
related
$854,268 · Bank Of Arlington
—
—
W Abram Street 1408
—
Deed Of Trust
related
$928,000 · Bank Of Arlington
—
—
1408 W Abram Street Ltd
—
Deed Of Trust
related
$828,000 · Wells Fargo Bank
—
—
1408 W Abram Street Jv
—
Deed Of Trust
related
$864,396 · Bank Of Arlington
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.
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