Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    511 Main St Arlington, TX 76010-1229
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    511 Main St Arlington, TX 76010-1229

    View on Map
    • Warehouses
    • 5,600 SF
    • 0.44 lot acres
    Off-Market
    Property ID
    US82-3810477
    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

    • Arlington Automotive Machine / Auto Repair Shop / Insurance Agency

    Property Details for 511 Main St

    Year built
    1990
    Lot size
    0.44 lot acres
    Property size
    5,600 SF
    Property type
    Warehouses
    APN
    8620-1-1RB
    APU
    862011RB

    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
    -97.1016
    Latitude
    32.7367
    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
    $7,384
    $95,725
    $216,275
    $312,000
    -
    $95,725
    $216,275
    $312,000

    Comparable in this City

    • Value Estimation
      $1,135,000
      71,750 SF

      3150 Pioneer Pkwy

      MINI-WAREHOUSE, STORAGE • 71,750 SF
      3150 Pioneer Pkwy, Arlington, TX 76010-7008
      View Details
    • Value Estimation by Request
      21,960 SF

      3208 Park Row Dr

      MINI-WAREHOUSE, STORAGE • 21,960 SF
      3208 Park Row Dr, Arlington, TX 76010-3903
      View Details
    • Value Estimation
      $815,000
      31,160 SF

      3212 Pinewood Dr

      WAREHOUSE, STORAGE • 31,160 SF
      3212 Pinewood Dr, Arlington, TX 76010-5305
      View Details
    • Value Estimation
      $505,000
      17,710 SF

      2024 Abram St

      WAREHOUSE, STORAGE • 17,710 SF
      2024 Abram St, Arlington, TX 76010
      View Details
    • Value Estimation by Request
      4,828 SF

      611 Main St, Unit B

      WAREHOUSE, STORAGE • 4,828 SF
      611 Main St, Arlington, TX 76010-1231
      View Details
    • Value Estimation
      $1,430,000
      64,944 SF

      2909 Arkansas Ln

      WAREHOUSE, STORAGE • 64,944 SF
      2909 Arkansas Ln, Arlington, TX 76010-6941
      View Details

    Similar Nearby for Sale

    • $1,700,000
      Pending

      Arlington Showroom and Warehouse Space

      Prime commercial property near stadiums with showroom and warehouse.
      1115 E Abram St, Arlington, TX 76010
      View Details
    • $2,600,000
      4.13 Acres

      Arlington Land Near Entertainment District

      4.125 acres near Arlington's Entertainment District with existing structure.
      415 New York Ave, Arlington, TX 76010
      View Details
    • Contact for pricing

      Arlington Office Building Investment Opportunity

      30,000 SF building with 13 units in prime Arlington location.
      1600 E Pioneer Pkwy, Arlington, TX 76010
      View Details
    • $2,500,000

      Arlington Land For Retail Development

      Prime 0.98-acre land parcel ideal for retail development.
      2240 E Pioneer Pkwy, Arlington, TX 76010
      View Details
    • $490,000
      2.03 Acres

      Arlington Land Parcel For Sale

      2.03-acre land parcel in East Arlington neighborhood.
      2002 Wynn Ter, 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
      52,000 SF

      Arlington Warehouse with Office Space

      Warehouse sublease with office space, convenient highway access.
      3221 East Arkansas Ln, Arlington, TX 76010
      View Details
    • Contact for pricing

      Industrial Property for Rent

      Industrial property available for rent in Arlington, Texas, with 227 square feet.
      1701 Timberlake Dr, Arlington, TX 76010
      View Details
    • Contact for pricing

      Retail Space in Arlington, Texas

      Retail space available in Arlington, near traffic generators.
      813 Oram St, Arlington, TX 76010
      View Details
    • Contact for pricing
      2,424 SF

      Retail Redevelopment in North Arlington

      Redevelopment opportunity near hospital, university, and stadium.
      903 N Cooper St, 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
    • $32 SF/Yr
      1,420 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
    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.
    511 Main St
    Arlington, TX 76010-1229
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!