1802 Pleasant Rdg Rd Arlington, TX 76015-4530
- Office buildings
- 0.58 lot acres
Current Use by Public Records
- Office buildings
Property Details for 1802 Pleasant Rdg Rd
- Year built
- 2023
- Lot size
- 0.58 lot acres
- Property type
- Office buildings
- APN
- 32643-A-1
- APU
- 32643A1
Description
This exceptional 6,142 square foot medical office building, completed in 2023, is ideally situated in Arlington, Tarrant County, Texas, at 1802 & 1803 W. Pleasant Ridge, zip code 76015. The property sits on a 1.15-acre lot and boasts a convenient parking ratio of 3.34 spaces per 1000 square feet. Currently, the entire 6,142 square feet is available for lease. The building is zoned CC-Community Commercial, offering flexibility for various medical or professional uses. Its prime location offers excellent access to I-20, less than a quarter-mile away, providing easy access to major transportation routes. Furthermore, the property benefits from its proximity to regional shopping centers and restaurants, enhancing its appeal and convenience for both patients and staff. This new construction presents a unique opportunity for a single tenant seeking a modern, well-located space in a thriving area of the Metroplex. The property is currently pre-leasing.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $255,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $205,000
- 6.5%
- $210,000
- 7%
- $215,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $185,000
- Geo Method
- $230,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $245,000
- Retail
- $245,000
- Mixed-Use
- $250,000
- Hospitality
- $200,000
- Educational
- $220,000
- Residential Income
- $215,000
- Energy
- $185,000
- Income-Based Land
- $190,000
- Food Service
- $240,000
Location Insight
- Map
- Local Demand
- City
- Arlington
- County
- Tarrant
- State
- Texas
- Longitude
- -97.1377
- Latitude
- 32.6784
- CBSA code
- 19100
- CBSA name
- DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
