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Property profile & analytics
OFF-MARKET
Medical Office Space
2205 Southgate St Arlington, TX 76013-7632
Entity Owned
23-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-1759366
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1999
Total area
3,552 SF
Lot
0.39 ac (17,141 SF)
APN
39605-2-6R1
UPID
US82-1759366
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
-
Clawson Family Chiropractic Alternative Medicine Practice
-
Core Activated Rehab Alternative Medicine Practice
-
North Texas Open Air Mri 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
by Request
Owner & transaction history
Bardin Professional Center LP · 23 yrs held
Bardin Professional Center LP
since 2002
7 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
—
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
$19,230
Tax year 2023
Assessed value
$871,500
Assessed 2024
Previous assessed
$871,500
+0.0% YoY
Effective rate
2.21%
On assessed value
Assessed land
$120,008
Assessed improvement
$751,492
Land market value
$120,008
Improvement market value
$751,492
Total market value
$871,500
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1999
Heating
NONE
Stories
1
Total area
3,552 SF
Lot
0.39 ac (17,141 SF)
APN
39605-2-6R1
UPID
US82-1759366
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
1999
Heating
NONE
Stories
1
Lot
0.39 ac
Current owner
From public records · entity-resolved
Bardin Professional Center LP
Entity
Mailing address
2216 S COOPER ST, ARLINGTON, TX 76013-6326
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2002
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 1, 2016
—
Phillip Galyen
—
Deed
related
$434,496 · First Int'l Bk
Dec 31, 2002
—
Bardin Professional Center LP
Galyen,phillip W
Grant Deed
$1,275,000 · Frost National Bank
Oct 16, 2002
—
Holdings LP Landmark
Galyen,phillip & Diana
Grant Deed
related
$825,000 · Frost National Bank
—
—
Phillip Galyen
—
Deed Of Trust
related
$58,644 · Texas Tax Solution LLC
—
—
Galyen,phillip & Diana M
—
Deed Of Trust
related
$595,000 · First Int'l Bk
—
—
Phillip W Galyen
—
Deed Of Trust
related
$15,034 · Texas Tax Solution LLC
—
—
Phillip Galyen
—
Loan Modification
related
$434,496 · First Int'l Bk
—
—
Phillip Galyen
—
Deed Of Trust
related
$514,474 · First International Bank
—
—
Phillip Galyen
—
Deed Of Trust
related
$595,000 · First International Bank
—
—
Phillip Galyen
—
Deed Of Trust
related
$595,000 · First International Bank
—
—
Phillip Galyen
—
Deed Of Trust
related
$25,000,000 · Counsel Fin'l Svcs LLC
—
—
Phillip Galyen
—
Deed Of Trust
related
$15,230 · Texas Tax Funding Solution
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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