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Property profile & analytics
OFF-MARKET
Estimated value
$5,730,000
Office buildings
2261 Brookhollow Plz Dr Arlington, TX 76006-7420
Trust Owned
11-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-4377385
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1985
Total area
46,540 SF
Lot
2.5 ac (108,987 SF)
APN
3770-4-7R1
UPID
US82-4377385
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
-
North Central Texas Regional Certification Agency Local Government Office
-
Wadzanai Jadagu Physician
-
clinic Physician
-
South Central Texas Healthcare Medical Clinic
-
Construction Specialist Of North Texas Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.85M
Blend (final)
Blend
$5.73M
Owner & transaction history
Scanlin 1989 Trust · 11 yrs held
Scanlin 1989 Trust
since 2015
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$6.8M
+35.7%
Restaurant
$5.0M
+1.0%
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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$4,990,000
Current use
COMMERCIAL (GENERAL)
$6,775,000
Change: +36% · Conversion: Easy
RESTAURANT
$5,045,000
Change: +1% · Conversion: Moderate
MEDICAL BUILDING
$4,075,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$5.73M
Range $5.16M – $6.30M · ±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
$123 / 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
$105,915
Tax year 2023
Assessed value
$4,650,000
Assessed 2024
Previous assessed
$4,800,000
-3.1% YoY
Effective rate
2.28%
On assessed value
Assessed land
$719,314
Assessed improvement
$3,930,686
Land market value
$719,314
Improvement market value
$3,930,686
Total market value
$4,650,000
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1985
Heating
NONE
Stories
3
Total area
46,540 SF
Lot
2.5 ac (108,987 SF)
APN
3770-4-7R1
UPID
US82-4377385
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
OFFICE BUILDING Current
Est. value
$5.0M
COMMERCIAL (GENERAL)
Est. value
$6.8M
RESTAURANT
Est. value
$5.0M
MEDICAL BUILDING
Est. value
$4.1M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
RESTAURANT
MEDICAL BUILDING
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
1985
Heating
NONE
Stories
3
Lot
2.5 ac
Current owner
From public records · entity-resolved
Scanlin 1989 Trust
Trust
Mailing address
540 DEL ORO DR, OJAI, CA 93023-1805
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 19, 2015
—
Scanlin 1989 Trust
Arlington Plaza LLC
Grant Deed
$3,800,000 · Miscellaneous Ins Co
Feb 16, 2011
—
Arlington Plaza LLC
2261 Brookhollow LP
Grant Deed
—
—
—
Arlington Plaza LLC
—
Deed Of Trust
related
$2,200,000 · Bank Of Texas NA
—
—
2261 Brookhollow
—
Deed Of Trust
related
$1,950,000 · Wachovia Bank NA
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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