Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2190 Lamar Blvd Arlington, TX 76006-7408
    Back to Search
    Property profile & analytics

    2190 Lamar Blvd, Arlington, TX 76006-7408

    View on Map
    • Hotels
    • 85,938 SF
    • 3.26 lot acres
    Off-Market
    Last Sale Aug 18, 2022
    Property ID
    US82-2242302
    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
    $2,895,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Hilton Garden Inn Dallas/Arlington / Hotel & Motel
    • LibertyX Bitcoin ATM / Atm / Currency Exchange Service

    Property Details for 2190 Lamar Blvd

    Year built
    2009
    Lot size
    3.26 lot acres
    Property type
    Hotels
    APN
    3770-8-3B
    APU
    377083B

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Aug 18, 2022 — Nf V Arlington LLC Black Sapphire C Settlers Ridge 201 Special Warranty Deed $138.7M · Western Alliance Bank
    Sep 21, 2018 — Black Sapphire C Settlers Ridg — Deed · related $165M · Wells Fargo Bk
    Apr 3, 2014 — Sapphire C Dallas 2014 I Black Bravado Concord Arlington Hote Grant Deed —
    Nov 20, 2007 — Concord Arlington Hote Bravado Bravado Quit Claim Deed $13.3M · Capmark Bank
    — — Concord Arlington Hote Bravado — Deed Of Trust · related $12.1M · Capmark Financial INC
    — — Black Sapphire C Dallas 2014 I — Deed Of Trust · related $165M · Wells Fargo Bk
    — — Black Sapphire C Settlers Ridg — Loan Modification · related $165M · Wells Fargo Bk
    — — Concord Arlington Hote Bravado — Deed Of Trust · related $13.3M · Capmark Bank

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $2,425,000
      Market price range: $762k - $2.55M

    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $3,210,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Arlington
    County
    Tarrant
    State
    Texas
    Longitude
    -97.0717
    Latitude
    32.7607
    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
    $296,298
    $2,131,050
    $11,337,950
    $13,469,000
    -
    $2,131,050
    $11,337,950
    $13,469,000

    Comparable in this City

    • Value Estimation
      $1,065,000
      83,338 SF

      2401 Brookhollow Plz Dr

      HOTEL/MOTEL
      2401 Brookhollow Plz Dr, Arlington, TX 76006-7507
      View Details
    • Value Estimation
      $1,525,000
      83,539 SF

      1050 Brookhollow Plz Dr

      HOTEL/MOTEL
      1050 Brookhollow Plz Dr, Arlington, TX 76006-7501
      View Details
    • Value Estimation
      $2,540,000
      71,826 SF

      2140 Lamar Blvd

      HOTEL
      2140 Lamar Blvd, Arlington, TX 76006-7408
      View Details
    • Value Estimation
      $1,040,000
      57,558 SF

      1709 Lamar Blvd

      HOTEL/MOTEL
      1709 Lamar Blvd, Arlington, TX 76006-7303
      View Details
    • Value Estimation
      $6,930,000
      209,751 SF

      2401 Lamar Blvd

      HOTEL
      2401 Lamar Blvd, Arlington, TX 76006-7503
      View Details
    • Value Estimation
      $1,045,000
      67,372 SF

      2221 Brookhollow Plz Dr

      HOTEL/MOTEL
      2221 Brookhollow Plz Dr, Arlington, TX 76006-7405
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Arlington Land For Sale

      Land available for sale in Arlington, Texas.
      1300 E Corporate Dr, Arlington, TX 76006
      View Details
    • Contact for pricing
      12,006 SF

      Arlington Office Building For Sale

      12,006 SF office building available for purchase in Arlington, TX.
      2001 Northeast Green Oaks Blvd, Arlington, TX 76006
      View Details
    • $2,000,000
      16.79 Acres

      Arlington Land with Trinity Frontage

      16.792-acre tract near attractions with Trinity River frontage.
      2031 Green Oaks Blvd, Arlington, TX 76006
      View Details
    • Contact for pricing

      Land in Arlington Entertainment District

      Prime land available for ground lease near entertainment venues.
      1195 N Watson Rd, Arlington, TX 76006
      View Details
    • Contact for pricing

      Land in Arlington Entertainment District

      2.5 acres with utilities in Arlington's Entertainment District.
      2300 E Lamar Blvd, Arlington, TX 76006
      View Details
    • $150,000
      0.69 Acres

      Residential Lot in Prime Location

      0.68-acre residential lot near Arlington's attractions.
      2724 Sunrise Dr, Arlington, TX 76006
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      53,058 SF

      Arlington Office Space Available

      Prime Arlington Office, Multiple Suites
      1001 Green Oaks Blvd, Arlington, TX 76006
      View Details
    • Sponsored
      Contact for pricing

      Ballpark Way

      Discover many ways to work your way in Ballpark Way
      2000 Lamar Blvd, Arlington, TX 76006
      View Details
    • Contact for pricing
      5,160 SF

      Remodeled Office or Medical Space

      Office or medical space available in remodeled Arlington building.
      2221 J Ave, Arlington, TX 76006
      View Details
    • Contact for pricing
      12,006 SF

      Arlington Land for Lease

      Land available for lease in Arlington, Texas.
      1300 E Corporate Dr, Arlington, TX 76006
      View Details
    • $17 SF/Yr

      Arlington Office Space For Lease

      Prime office space in a strategic Arlington location.
      1903 Ascension Blvd, Arlington, TX 76006
      View Details
    • Contact for pricing
      1,678 SF

      Arlington Office and Retail Spaces

      Office and retail spaces available in Arlington, Texas.
      1900 Ballpark Way, Arlington, TX 76006
      View Details

    Property Visit Statistics

    • Visits by month
      8.7k
    • Visitors by month
      4.2k
    • Avg Time on site
      370 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2190 Lamar Blvd
    Arlington, TX 76006-7408
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2190 Lamar Blvd, Arlington, TX, 76006
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!