Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$525,000
Strip malls
2020 Pioneer Pkwy Arlington, TX 76010-6804
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US82-0484202
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2002
Total area
10,122 SF
Lot
1.89 ac (82,154 SF)
APN
38329-1-1A
UPID
US82-0484202
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
-
Store Here Self Storage Storage Facility
-
Super Laundry (Bike/Boat/Book/etc) Store
-
Supertrack Grocery & Convenience Store
-
Amazon Locker - Lens Postal Service Courier Service
-
Noah Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$485k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$566k
Blend (final)
Blend
$525k
Owner & transaction history
Rx Pa Property LLC · 2 yrs held
Rx Pa Property LLC
since 2023
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$840,000
+124.4%
Retail stores
$800,000
+113.2%
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
$485,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$375,000
Current use
AUTO REPAIR, GARAGE
$840,000
Change: +124% · Conversion: Difficult
RETAIL STORES
$800,000
Change: +113% · Conversion: Easy
Blend value · Realmo final
$525k
Range $473k – $578k · ±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
$52 / 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
$37,969
Tax year 2023
Assessed value
$1,775,000
Assessed 2024
Previous assessed
$1,720,740
+3.2% YoY
Effective rate
2.14%
On assessed value
Assessed land
$328,584
Assessed improvement
$1,446,416
Land market value
$328,584
Improvement market value
$1,446,416
Total market value
$1,775,000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2002
Heating
NONE
Stories
1
Total area
10,122 SF
Lot
1.89 ac (82,154 SF)
APN
38329-1-1A
UPID
US82-0484202
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$375,000
AUTO REPAIR, GARAGE
Est. value
$840,000
RETAIL STORES
Est. value
$800,000
NEIGHBORHOOD: SHOPPING CENTER Current
AUTO REPAIR, GARAGE
RETAIL STORES
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
2002
Heating
NONE
Stories
1
Lot
1.89 ac
Current owner
From public records · entity-resolved
Rx Pa Property LLC
Entity
Mailing address
2020 E PIONEER PKWY STE #200, ARLINGTON, TX 76010-6804
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 30, 2023
—
Rx Pa Property LLC
Bains Brothers LLC
Venders Lien
$1,373,000 · Commercial Bank Of Texas NA
Oct 18, 2017
—
Paras Properties LLC
Om Shree Sai LLC
Venders Lien
$284,000 · Veritex Community Bank
Oct 6, 2015
—
Om Shree Sai LLC
Jay Mataji INC
Warranty Deed
related
—
Aug 24, 2015
—
Jay Mataji INC
Abukhdair,ismail & Hiba
Warranty Deed
$1,875,000 · Commercial Bk/tx
Apr 4, 2007
—
Ismail Abukhadair
Alahmad,mahmoon N
Grant Deed
—
Apr 4, 2007
$300,000
Ismail Abukhadair
Alahmad,mahmoon N
Grant Deed
—
Sep 7, 2006
—
Mamoon N Alahmad
Lds Shortstop Ltd
Warranty Deed
—
Jan 24, 2003
—
Ruben Martinez
Lds Shortstop Ltd
Grant Deed
related
—
Jul 23, 2001
—
Lds Shortstop Ltd
B A K Ltd
Grant Deed
$1,151,700 · Legacy Bank Of Texas
—
—
Lds Shortstop Ltd
—
Deed Of Trust
related
$46,068 · Legacy Bank Of Texas
—
—
Lds Shortstop Ltd
—
Deed Of Trust
related
$100,000 · Legacy Bank Of Texas
—
—
Lds Shortstop Ltd
—
Deed Of Trust
related
$1,333,300 · Amresco Independence Funding
—
—
Lds Shortstop Ltd
—
Deed Of Trust
related
$250,000 · Legacy Bank Of Texas
—
—
Lds Shortstop Ltd
—
Deed Of Trust
related
$1,151,700 · Legacy Bank Of Texas
—
—
Ruben Martinez
—
Deed Of Trust
related
$1,500,000 · Comerica 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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2020 Pioneer Pkwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
