Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    415 W Abram St Arlington, TX 76010
    Back to Search
    Property profile & analytics

    415 W Abram St, Arlington, TX 76010

    View on Map
    • Drive through restaurants
    • 2,860 SF
    • 0.92 lot acres
    For Sale
    View Listing →
    Freestanding Restaurant with Drive Thru For Sale
    Contact for pricing
    2,860 SF

    Freestanding Restaurant with Drive Thru

    Second-generation restaurant with drive-thru in Arlington's downtown district.

    415 W ABRAM ST, Arlington, TX
    View Listing
    Property ID
    US82-1161840
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Drive through restaurants

    Property Details for 415 W Abram St

    Year built
    1977
    Lot size
    0.92 lot acres
    Property type
    Drive through restaurants
    APN
    9480--15
    APU
    948015

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Arlington
    County
    Tarrant
    State
    Texas
    Longitude
    -97.1118
    Latitude
    32.7361
    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
    $12,794
    $240,366
    $293,950
    $534,316
    -
    $240,366
    $293,950
    $534,316

    Comparable in this City

    • Value Estimation
      $550,000
      4,465 SF

      611 Abram St

      DRIVE-THRU RESTAURANT, FAST FOOD
      611 Abram St, Arlington, TX 76010-1018
      View Details
    • Value Estimation by Request
      2,309 SF

      2364 Pioneer Pkwy

      DRIVE-THRU RESTAURANT, FAST FOOD
      2364 Pioneer Pkwy, Arlington, TX 76010-8789
      View Details
    • Value Estimation by Request
      2,585 SF

      2125 Pioneer Pkwy

      DRIVE-THRU RESTAURANT, FAST FOOD
      2125 Pioneer Pkwy, Arlington, TX 76010-8604
      View Details
    • Value Estimation by Request
      2,307 SF

      2140 Pioneer Pkwy

      DRIVE-THRU RESTAURANT, FAST FOOD
      2140 Pioneer Pkwy, Arlington, TX 76010-6731
      View Details
    • Value Estimation by Request
      3,232 SF

      1401 Pioneer Pkwy

      DRIVE-THRU RESTAURANT, FAST FOOD
      1401 Pioneer Pkwy, Arlington, TX 76010-5962
      View Details
    • Value Estimation by Request
      2,400 SF

      1011 Pioneer Pkwy

      DRIVE-THRU RESTAURANT, FAST FOOD
      1011 Pioneer Pkwy, Arlington, TX 76010-5857
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2,860 SF

      Freestanding Restaurant with Drive Thru

      Second-generation restaurant with drive-thru in Arlington's downtown district.
      415 W Abram St, Arlington, TX 76010
      View Details
    • $230,000

      Profitable Restaurant Business Opportunity

      Fully equipped restaurant with stable revenue in prime Arlington location.
      100 W Pioneer Pkwy, Arlington, TX 76010
      View Details
    • Contact for pricing
      70,204 SF

      Retail Property on Pioneer Parkway

      Credit-tenant retail property occupied by CVS Pharmacy in Arlington, Texas.
      901 E Pioneer Pkwy, Arlington, TX 76010
      View Details
    • Contact for pricing
      Pending

      Arlington Showroom and Warehouse Space

      Prime commercial property near stadiums with showroom and warehouse.
      1115 E Abram St, Arlington, TX 76010
      View Details
    • Contact for pricing
      11,400 SF

      Arlington Office/Retail Building For Sale

      11,400 SF office/retail building in Arlington's Downtown Business District.
      222 W Main St, Arlington, TX 76010
      View Details
    • Contact for pricing
      7,020 SF

      Freestanding Retail Space in Arlington

      7,020 SF retail space in East Arlington for sale.
      1201 E Arkansas Ln, Arlington, TX 76010
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Arlington Commercial Space For Lease

      Versatile commercial space suitable for restaurant, office, medical, or retail.
      2230 Carter Dr, Arlington, TX 76010
      View Details
    • Contact for pricing
      1,386 SF

      Arlington Retail/Office/Restaurant Space For Rent

      Versatile space suitable for retail, office, or restaurant use.
      2230 Carter Dr, Arlington, TX 76010
      View Details
    • Contact for pricing
      1,700 SF

      Retail and Restaurant Space Available

      Restaurant and retail spaces near UT Arlington campus.
      300-310 E Abram St, Arlington, TX 76010
      View Details
    • Contact for pricing
      1,700 SF

      Retail Space Near Highway 360

      Retail space with high visibility and accessibility near major highways.
      2501-2525 E Arkansas Ln, Arlington, TX 76010
      View Details
    • Contact for pricing
      3,200 SF

      Retail Space For Lease

      Retail space available for lease in Arlington, TX.
      212 E Abram St, Arlington, TX 76010
      View Details
    • $18 SF/Yr
      2,793 SF

      Arlington Office Building - Prime Location

      Single-tenant office, high visibility, 2,793 sqft.
      2015 Cooper St, Arlington, TX 76010
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    415 W Abram St
    Arlington, TX 76010
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    415 W Abram St, Arlington, TX, 76010
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!