Technical
Financial
Distress signals
Property profile

2430 N Davis Dr Arlington, TX 76012

FOR LEASE
Strip malls
Property ID
US82-4393408
12,147 SF 0.89 ac lot Built 1987
Entity Owned 10-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

North Davis Plaza, located at 2430 N Davis Dr, Arlington, TX 76012, presents a unique investment opportunity in a thriving retail center. This single-story, 12,147 square foot building sits on approximately one acre of land and offers 40 parking spaces for customer convenience. Currently, the property features a diverse mix of established tenants including a Mexican restaurant, a catering business, a dog grooming service, a florist, a pizza restaurant, a cell phone repair shop, and a mini-market. Two spaces are immediately available, ranging from 664 to 1,400 square feet, ideal for a variety of retail or office uses. The building boasts a 13'3" ceiling height and a 15'4" roof deck, offering ample space and potential for expansion or unique design features. The property's existing tenant mix provides a strong foundation for future growth and stability. The minimum divisible space is 664 square feet, making it accessible to a wide range of businesses. This is a prime opportunity to acquire a well-located, established retail center with significant upside potential. The property's location in Arlington, Texas ensures high visibility and accessibility to a large customer base. Don't miss this chance to invest in a thriving commercial property.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1987
Total area 12,147 SF
Lot 0.89 ac (38,638 SF)
APN 47750-3-10
UPID US82-4393408

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Insurance Agency
  • Bakery Specialty Food Shop
  • Take-out & Catering Catering Service
  • Restaurant Take-out & Catering
  • Take-out & Catering

Location

2430 N Davis Dr Arlington, TX 76012
Arlington metro Census 113108 DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$465k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$395k

Owner & transaction history

since 2016
2 recorded transactions
2016
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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