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    Property profile & analytics

    2499 Collins St Arlington, TX 76014-1226

    • Day care centers
    • 4,005 SF
    • 0.40 lot acres
    OFF-MARKET
    Value Estimations
    $280,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-3439301
    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.

    Current Use by Public Records

    • Brown's Earlybird Academy #4 of Arlington / Day Care Center
    • Business has moved / Day Care Center / Learning Center

    Property Details for 2499 Collins St

    Year built
    1970
    Lot size
    0.40 lot acres
    Property size
    4,005 SF
    Property type
    Day care centers
    APN
    40510-13-B2
    APU
    4051013B2

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $285,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $185,000
      Market price range: $159k - $253k

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

    Location Insight

    • Map
    • Local Demand
    City
    Arlington
    County
    Tarrant
    State
    Texas
    Longitude
    -97.0971
    Latitude
    32.7038
    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
    $5,364
    $139,544
    $187,456
    $327,000
    -
    $139,544
    $187,456
    $327,000

    Comparable in this City

    • Value Estimation
      $315,000
      5,005 SF

      1801 Mayfield Rd

      DAY CARE, PRE-SCHOOL • 5,005 SF
      1801 Mayfield Rd, Arlington, TX 76014-2504
      View Details
    • Value Estimation
      $320,000
      7,198 SF

      2710 Collins St

      DAY CARE, PRE-SCHOOL • 7,198 SF
      2710 Collins St, Arlington, TX 76014-2251
      View Details
    • Value Estimation
      $280,000
      4,800 SF

      2312 Remynse Dr

      DAY CARE, PRE-SCHOOL • 4,800 SF
      2312 Remynse Dr, Arlington, TX 76014-1651
      View Details
    • Value Estimation
      $790,000
      126,432 SF

      3701 New York Ave

      DISTRIBUTION WAREHOUSE • 126,432 SF
      3701 New York Ave, Arlington, TX 76014-4403
      View Details
    • Value Estimation
      $1,015,000
      320,000 SF

      4001 New York Ave

      DISTRIBUTION WAREHOUSE • 320,000 SF
      4001 New York Ave, Arlington, TX 76014-4406
      View Details
    • Value Estimation
      $525,000
      14,493 SF

      3901 Ctr St

      SHOPPING CENTER, STRIP CENTER • 14,493 SF
      3901 Ctr St, Arlington, TX 76014
      View Details

    Similar Nearby for Sale

    • $624,000
      51,637 SF

      Arlington Retail Opportunity Near Mall

      Large retail space with redevelopment potential near Parks Mall.
      1131 W Arbrook Blvd, Arlington, TX 76014
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    • $140,000

      Arlington Land For Sale

      Land available in Arlington, Texas.
      1238 Alisa Ln, Arlington, TX 76014
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    • $1,500,000
      1.21 Acres

      Prime Commercial Land in Arlington

      1.20± acre commercial land parcel in high-traffic area.
      3701 S Collins St, Arlington, TX 76014
      View Details
    • $205,000

      Incomplete Four-Unit Multifamily Investment

      Incomplete four-unit multifamily property, ready for development and investment.
      1216 Alisa Ln, Arlington, TX 76014
      View Details
    • Contact for pricing
      1.07 Acres

      Arlington Commercial Land Opportunity

      Prime 1.07-Acre Commercial Lot
      0 Arlington - Nwq - Ctr St & I-20, Arlington, TX 76014
      View Details
    • $895,000

      Arlington Land for Sale

      Land available for sale in Arlington, Texas.
      1201 Gambrel Rd, Arlington, TX 76014
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,219 SF

      Retail Space in Arlington Center

      Neighborhood retail center with excellent visibility and access.
      802-822 W Arkansas Ln, Arlington, TX 76014
      View Details
    • $28 SF/Yr
      5,328 SF

      Arlington Office Space Available

      5,328 SF office space for lease in Arlington.
      3101 S Center St, Arlington, TX 76014
      View Details
    • Contact for pricing
      114,400 SF

      Arlington Business Center II Facility

      State-of-the-art facility suitable for distribution, assembly, manufacturing.
      3700 New York Ave, Arlington, TX 76014
      View Details
    • Contact for pricing
      2,313 SF

      Renovated Medical Office Space

      Recently renovated medical office space on Medical City Arlington campus.
      515 W Mayfield Rd, Arlington, TX 76014
      View Details
    • $10 SF/Yr
      1,750 SF

      Retail Space on South Collins

      Prime retail location with high visibility and ample parking.
      2440-2442 S Collins St, Arlington, TX 76014
      View Details
    • Contact for pricing
      40,000 SF

      Arlington Warehouse with I-20 Visibility

      40,000 SF warehouse with office space and fenced truck court.
      4000 Scientific Dr, Arlington, TX 76014
      View Details
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    2499 Collins St
    Arlington, TX 76014-1226
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    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
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