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Property profile & analytics
OFF-MARKET
Estimated value
$2,375,000
Office buildings
1521 Cooper St Arlington, TX 76011-5592
Individually Owned
2-yr Hold
Free & Clear
Property ID
US83-3891224
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1985
Total area
124,553 SF
Lot
5.47 ac (238,143 SF)
APN
17710--27AR2
UPID
US83-3891224
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
-
Parry America Inc. Industrial Manufacturer Production Facility
-
Green Robert R CPA Accounting Firm Tax Preparation
-
Tynet USA (Bike/Boat/Book/etc) Store Corporate Office
-
H Q Arlington Real Estate Agency
-
Holder I Brooks Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.38M
Owner & transaction history
Mary F Walrath · 2 yrs held
Mary F Walrath
since 2024
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$19 / 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
$254,384
Tax year 2023
Assessed value
$9,500,000
Assessed 2024
Previous assessed
$11,528,481
-17.6% YoY
Effective rate
2.68%
On assessed value
Assessed land
$2,143,287
Assessed improvement
$7,356,713
Land market value
$2,143,287
Improvement market value
$7,356,713
Total market value
$9,500,000
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 (MULTI-STORY)
Status
Off-Market
Year built
1985
Heating
NONE
Stories
8
Total area
124,553 SF
Lot
5.47 ac (238,143 SF)
APN
17710--27AR2
UPID
US83-3891224
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
Building & site characteristics
From public records
Year built
1985
Heating
NONE
Stories
8
Lot
5.47 ac
Current owner
From public records · entity-resolved
Mary F Walrath
Individual
Free & Clear · 2 yrs held
Mailing address
2909 PO BOX 2260TH ST STE #420, MANSFIELD, TX 76063-0047
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 3, 2024
—
Mary F Walrath
Silver Star Cre LLC
Special Warranty Deed
—
Oct 2, 2018
—
Hartman Spe LLC
Hartman Skymark Tower LLC
Special Warranty Deed
$259,000,000 · Goldman Sachs Bank USA
Dec 12, 2017
—
Hartman Ashford Crossing LLC
—
Loan Modification
related
$9,900,000 · East West Bk
Sep 2, 2015
—
Hartman Skymark Tower LLC
Csfb Skymark Tower 2007-c2 LLC
Grant Deed
$8,846,000 · Hartman Xx LP
Dec 29, 2006
—
Arlington Owner Corp
Us Office Holdings LP
Special Warranty Deed
$10,000,000 · Column Financial INC
Dec 31, 1996
—
Us Office V LP
Amstar Texas Pool Ltd
Grant Deed
—
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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