2628 Matlock Rd Arlington, TX 76015-2525
This exceptional two-story, 8,268 square foot office building is situated on a 0.95-acre lot in Arlington, Texas, within the medical district. The property presents a unique opportunity for a medical practice or other professional service business seeking expansion or a new location. The first floor features generously sized exam rooms and open areas, seamlessly connected by an elevator and a welcoming reception area. The second floor offers a large open area, suitable for additional exam rooms or a separate office, with its own access point, providing flexibility for various operational needs. A third-floor space provides versatile overflow capacity, ideal for private offices, storage, or other uses. The building's design prioritizes functionality and practicality, creating a comfortable and efficient workspace. Its location in the heart of Arlington's medical district offers excellent visibility and accessibility, making it an attractive option for businesses seeking a prominent presence in a thriving professional community. The asking price for this distinctive property is $2,995,000.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.