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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3330 Matlock Rd Arlington, TX 76015

    • Strip malls
    • 42,157 SF
    • 2.60 lot acres
    For Lease
    View listing
    Value Estimations
    $715,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US83-3941677
    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

    • Business Capital Lender Arlington TX / Business Administration Service
    • Shannon Showah, OT / Occupational Therapist
    • Farmers Insurance - Sue Lai / Insurance Agency / Auto Insurance Agency
    • Image Expo Salon / Beauty Salon
    • Edward L Kigozi PLLC / Certified Public Accountant

    Property Details for 3330 Matlock Rd

    Year built
    1986
    Lot size
    2.60 lot acres
    Property size
    42,157 SF
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    23580--20A
    APU
    2358020A

    Description

    Matlock Village offers exceptional office space in Arlington, Texas. This Class A, two-story building totaling 48,984 square feet boasts a prime location at the northwest corner of Matlock Road and Mayfield Drive, a major signalized intersection. The property features multiple suites available, ranging from 810 to 3,001 contiguous square feet, with a total of 4,911 square feet currently vacant. The building includes elevators and is conveniently situated adjacent to Medical City Arlington, a large medical complex employing over 1,500 healthcare professionals. This high-visibility retail, office, and medical center offers excellent accessibility and exposure. The property is categorized as Traditional Office, Executive Office, and Medical Office space, making it suitable for a variety of businesses. Located in Tarrant County, with a 76015 zip code, this property presents a unique opportunity for businesses seeking a prominent location in a thriving area. The building's diverse tenant mix includes restaurants, insurance providers, and medical supply businesses, creating a vibrant and active atmosphere. This is an ideal location for businesses seeking high visibility and proximity to a significant medical center. The available space provides flexibility for businesses of various sizes, offering a range of options to suit individual needs.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $475,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $960,000
      Market price range: $513k - $1.36M

    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $1,005,000
      Current use

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

    Location Insight

    • Map
    • Local Demand
    City
    Arlington
    County
    Tarrant
    State
    Texas
    Longitude
    -97.1159
    Latitude
    32.6916
    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
    $98,152
    $724,627
    $3,723,534
    $4,448,161
    -
    $724,627
    $3,723,534
    $4,448,161

    Comparable in this City

    • Value Estimation
      $715,000
      26,579 SF

      2607 Cooper St

      SHOPPING CENTER, STRIP CENTER • 26,579 SF
      2607 Cooper St, Arlington, TX 76015-2443
      View Details
    • Value Estimation by Request
      26,531 SF

      818 Secretary Dr

      SHOPPING CENTER, STRIP CENTER • 26,531 SF
      818 Secretary Dr, Arlington, TX 76015
      View Details
    • Value Estimation
      $690,000
      28,460 SF

      3295 Cooper St

      SHOPPING CENTER, STRIP CENTER • 28,460 SF
      3295 Cooper St, Arlington, TX 76015-2363
      View Details
    • Value Estimation
      $715,000
      24,582 SF

      3500 Cooper St

      SHOPPING CENTER, STRIP CENTER • 24,582 SF
      3500 Cooper St, Arlington, TX 76015-3409
      View Details
    • Value Estimation by Request
      10,058 SF

      3634 Matlock Rd

      SHOPPING CENTER, STRIP CENTER • 10,058 SF
      3634 Matlock Rd, Arlington, TX 76015-3605
      View Details
    • Value Estimation
      $560,000
      18,648 SF

      2800 Cooper St

      SHOPPING CENTER, STRIP CENTER • 18,648 SF
      2800 Cooper St, Arlington, TX 76015-2310
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2,585 SF

      Arlington Retail Center - High Traffic

      Prime retail space, high visibility location.
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    • $75,000
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      Turnkey Restaurant Opportunity in Arlington

      Restaurant for sale with immediate operational opportunity in Arlington, Texas.
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    • New
      $800,000
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      Medical Office in Arlington, Texas

      Well-maintained medical office building with efficient layout and ample parking.
      2905 Medlin Dr, Arlington, TX 76015
      View Details
    • Contact for pricing

      Commercial Land in Established Corridor

      0.69-acre commercial land in an established commercial corridor.
      2906 S Cooper St, Arlington, TX 76015
      View Details
    • $680,000
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      Arlington Triplex Investment Opportunity

      Updated triplex near AT&T Stadium with immediate income potential.
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      2.90 Acres

      Arlington Commercial Land - 2.9 Acres

      Prime Arlington commercial lot, I-20 visibility.
      1900 Pleasant Ridge Rd, Arlington, TX 76015
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    Similar Nearby for Lease

    • $15 SF/Yr
      1,779 SF

      Retail Space on Cooper Street

      Retail space available in Arlington, Texas with high traffic.
      3200 S Cooper St, Arlington, TX 76015
      View Details
    • Contact for pricing
      216,072 SF

      Arlington Retail Center Investment Opportunity

      High-profile I-20 retail space available.
      1100 Arbrook Blvd, Arlington, TX 76015
      View Details
    • Contact for pricing
      50,978 SF

      Arbrook Oaks Retail Space Available

      Arlington Retail Center: Prime Spaces For Lease
      0 Cooper St, Arlington, TX 76015
      View Details
    • Contact for pricing
      8,637 SF

      High-Profile Retail Center Along I-20

      Prominent shopping center near Parks at Arlington Mall.
      1100-1112 W Arbrook Blvd, Arlington, TX 76015
      View Details
    • Contact for pricing
      1,627 SF

      Retail Space Near Parks Mall

      Retail space with high foot traffic near The Parks Mall.
      3808-3810 S Cooper St, Arlington, TX 76015
      View Details
    • $22 SF/Yr
      1,350 SF

      Retail Space Near Parks Mall

      Regional shopping center space for lease near I-20.
      4211-4225 S Cooper St, Arlington, TX 76015
      View Details
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    3330 Matlock Rd
    Arlington, TX 76015
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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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