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    1701 E Lamar Blvd Arlington, TX 76006
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    Property profile & analytics

    1701 E Lamar Blvd, Arlington, TX 76006

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    • Office buildings
    • 80,104 SF
    • 4.68 lot acres
    For Lease
    $24 SF/Yr
    View Listing →
    Arlington Office Space For Rent For Lease
    $24 SF/Yr

    Arlington Office Space For Rent

    High-quality office environment near Arlington's entertainment district.

    1701 E Lamar Blvd, Arlington, TX 76006
    View Listing
    Property ID
    US82-2213013
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Rajshree Patel Homeopath / Alternative Medicine Practice
    • MyComputerCareer / Vocational School / Training Center
    • Kristie & Kam Photography / Photography Service / (Bike/Boat/Book/etc) Store
    • Baby Bee 3D Ultrasound + Studio (Arlington) / Medical Clinic
    • Francis Colonial Mortgage / Loan Service / Bank

    Property Details for 1701 E Lamar Blvd

    Year built
    1998
    Lot size
    4.68 lot acres
    Property type
    Office buildings
    APN
    3770-12-2A
    APU
    3770122A

    Description

    The Arlington Interlink, located at 1701 E Lamar Blvd, Arlington, TX 76006, offers 80,014 square feet of Class A office space in a single, two-story building. This exceptional property, built in 1999 and renovated in 2023, features flexible suites ranging from 1,094 to 20,897 contiguous square feet, with a total of 10 suites. Currently, 63,427 square feet are vacant. The building boasts a 14-foot ceiling height, one hydraulic elevator, and ample parking with 360 spaces, including covered options. Utilities include city power with generator backup. Situated on 4.68 acres of land in the Arlington Entertainment District (zoned EDOC), this location provides unparalleled convenience. The property is easily accessible from Interstate 30 and State Highway 360, offering proximity to a variety of restaurants, retail, entertainment venues, and lodging options, including Texas Live! and DFW Airport (within 15 minutes). On-site amenities include a conference facility and a Parks Pantry vending area. Property management is also located on-site. This is an ideal location for businesses seeking a high-quality, well-amenitized office space in a vibrant and convenient location. The property's APN is 80442226, and it's located near the cross streets of E. Lamar & AT&T Way (Baird Farm Rd) in Tarrant County.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Arlington
    County
    Tarrant
    State
    Texas
    Longitude
    -97.0843
    Latitude
    32.7639
    CBSA code
    19100
    CBSA name
    DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $135,912
    $2,039,890
    $4,160,110
    $6,200,000
    -
    $2,039,890
    $4,160,110
    $6,200,000

    Comparable in this City

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      17,227 SF

      2121 Ave J J

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      107,726 SF

      1201 Watson Rd

      OFFICE BUILDING
      1201 Watson Rd, Arlington, TX 76006-6190
      View Details
    • Value Estimation by Request
      1,044 SF

      2100 Baird Farm Rd

      OFFICE BUILDING
      2100 Baird Farm Rd, Arlington, TX 76006-5510
      View Details

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      Arlington Industrial Portfolio: Value-Add Opportunity

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      Arlington Land For Sale

      Land available for sale in Arlington, Texas.
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      Arlington Land Opportunity

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    Similar Nearby for Lease

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      Class A Office Space

      Class A office buildings in prime Arlington location for rent.
      2221 E Lamar Blvd, Arlington, TX 76006
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      Arlington Office Space For Lease

      Prime office space in a strategic Arlington location.
      1903 Ascension Blvd, Arlington, TX 76006
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      Class A Office Space Available

      Premier Arlington office buildings with on-site amenities and convenient location.
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      Arlington Executive Office Space

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      Arlington Office/Medical Space Available

      Class A office and medical space in mixed-use development.
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      Arlington Office Space For Rent

      High-quality office environment near Arlington's entertainment district.
      1701 E Lamar Blvd, Arlington, TX 76006
      View Details
    View Listing
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    Arlington, TX 76006
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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