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Property profile & analytics
OFF-MARKET
Estimated value
$545,000
Auto shops
2905 Arkansas Ln Arlington, TX 76010-6903
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-0486415
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1989
Total area
8,325 SF
Lot
0.76 ac (32,927 SF)
APN
14500-V-3B
UPID
US82-0486415
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
-
Styles By Shay Mo Hair Salon Nail Salon
-
L&K Hi Tek Auto Repair Shop
-
Tom's Auto Broker Car Dealership
-
Coin Cloud Bitcoin ATM Atm Currency Exchange Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$350k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$744k
Blend (final)
Blend
$545k
Owner & transaction history
L & K Hi Tek Auto Body & Paint LLC · 3 yrs held
L & K Hi Tek Auto Body & Paint LLC
since 2023
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$850,000
+23.0%
Medical building
$730,000
+5.3%
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
$350,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$690,000
Current use
OFFICE BUILDING
$850,000
Change: +23% · Conversion: Difficult
MEDICAL BUILDING
$730,000
Change: +5% · Conversion: Difficult
RETAIL STORES
$660,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$545k
Range $491k – $600k · ±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
$65 / 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
$15,809
Tax year 2023
Assessed value
$716,462
Assessed 2024
Previous assessed
$716,462
+0.0% YoY
Effective rate
2.21%
On assessed value
Assessed land
$98,793
Assessed improvement
$617,669
Land market value
$98,793
Improvement market value
$617,669
Total market value
$716,462
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1989
Heating
NONE
Stories
1
Total area
8,325 SF
Lot
0.76 ac (32,927 SF)
APN
14500-V-3B
UPID
US82-0486415
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
AUTO REPAIR, GARAGE Current
Est. value
$690,000
OFFICE BUILDING
Est. value
$850,000
MEDICAL BUILDING
Est. value
$730,000
RETAIL STORES
Est. value
$660,000
AUTO REPAIR, GARAGE Current
OFFICE BUILDING
MEDICAL BUILDING
RETAIL STORES
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
1989
Heating
NONE
Stories
1
Lot
0.76 ac
Current owner
From public records · entity-resolved
L & K Hi Tek Auto Body & Paint LLC
Entity
Mailing address
233 N WESTMORELAND RD, DALLAS, TX 75211-2947
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 16, 2023
—
L & K Hi Tek Auto Body & Paint LLC
Phuong Ngoc Nguyen
Venders Lien
$400,000 · Hillcrest Bank
Jun 28, 2019
—
Phuong N Nguyen
—
Deed
related
$105,000 · Bhatia Invs & Fndg LLC
Sep 28, 2016
—
Phuong N Nguyen
Van Nguyen,thong
Quit Claim Deed
—
Jan 29, 2004
—
Thong V Nguyen
Thornton,david C
Grant Deed
$200,000 · Gray Stone Capital Partners
—
—
Phuong N Nguyen
—
Deed Of Trust
related
$105,000 · Bhatia Invs & Fndg LLC
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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