Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    512 Division St Arlington, TX 76011

    • Auto shops
    • 26,916 SF
    • 2.74 lot acres
    OFF-MARKET
    Value Estimations
    $1,325,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-2719993
    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

    • H.E. Cannon Floral & Greenhouses, Inc.- Arlington Flower Delivery / (Bike/Boat/Book/etc) Store / Florist
    • The Flynt Law Firm, PC / Law Firm
    • Cannon HE Floral Co Inc / (Bike/Boat/Book/etc) Store / Florist

    Property Details for 512 Division St

    Year built
    1955
    Lot size
    2.74 lot acres
    Property size
    26,916 SF
    Property type
    Auto shops
    APN
    30355-1-3R
    APU
    3035513R

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Arlington
    County
    Tarrant
    State
    Texas
    Longitude
    -97.1013
    Latitude
    32.7383
    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
    $44,586
    $358,194
    $1,525,806
    $1,884,000
    -
    $358,194
    $1,525,806
    $1,884,000

    Comparable in this City

    • Value Estimation by Request
      4,548 SF

      401 Division St

      AUTO REPAIR, GARAGE • 4,548 SF
      401 Division St, Arlington, TX 76011-7417
      View Details
    • Value Estimation by Request
      11,688 SF

      306 Elm St

      AUTO REPAIR, GARAGE • 11,688 SF
      306 Elm St, Arlington, TX 76011
      View Details
    • Value Estimation by Request
      3,108 SF

      1804 Cooper St

      AUTO REPAIR, GARAGE • 3,108 SF
      1804 Cooper St, Arlington, TX 76011-3639
      View Details
    • Value Estimation by Request
      3,400 SF

      406 Taylor St

      AUTO REPAIR, GARAGE • 3,400 SF
      406 Taylor St, Arlington, TX 76011-7460
      View Details
    • Value Estimation by Request
      2,352 SF

      316 Nl Robinson Dr

      AUTO REPAIR, GARAGE • 2,352 SF
      316 Nl Robinson Dr, Arlington, TX 76011
      View Details
    • Value Estimation by Request
      0.26 Acres

      612 Houston St

      AUTO REPAIR, GARAGE • 0.26 Acres
      612 Houston St, Arlington, TX 76011
      View Details

    Similar Nearby for Sale

    • $3,500,000
      6,336 SF

      Arlington Entertainment District Income Property

      Income-producing commercial property near stadiums and entertainment venues in Arlington, TX.
      2101 E Randol Mill Rd, Arlington, TX 76011
      View Details
    • $3,750,000

      Arlington Entertainment District Income Property

      Income-producing commercial property near stadiums and entertainment venues.
      2101 E Randol Mill Rd, Arlington, TX 76011
      View Details
    • Contact for pricing

      Arlington Retail Property Near Stadium

      Retail property near AT&T Stadium with long-term absolute net lease.
      405 N Collins St, Arlington, TX 76011
      View Details
    • $2,890,000
      2,578 SF

      Arlington Retail Investment Opportunity

      Prime location near AT&T Stadium & Globe Life Field
      806 Division St, Arlington, TX 76011
      View Details
    • Contact for pricing
      16,000 SF

      Arlington Retail Property Near Entertainment

      Retail property near Arlington Entertainment District, suitable for owner-user or investor.
      2208 N Collins St, Arlington, TX 76011
      View Details
    • Contact for pricing
      8,641 SF

      Arlington Commercial Property on Highway

      Located on major thoroughfares with high traffic volume.
      2730 Avenue E, Arlington, TX 76011
      View Details

    Similar Nearby for Lease

    • $16,896 /Mo
      31,842 SF

      Arlington Entertainment District Income Property

      Income-producing commercial property near stadiums and entertainment venues in Arlington, TX.
      2101 E Randol Mill Rd, Arlington, TX 76011
      View Details
    • $18 SF/Yr
      13,690 SF

      Arlington Retail Opportunity

      Prime Six Flags location, 5,790 SF available
      700 Six Flags Dr, Arlington, TX 76011
      View Details
    • Contact for pricing
      2,146 SF

      Retail Space with Updated Facade

      2,146 SF retail space featuring updated facade and courtyard.
      300 East Division St, Arlington, TX 76011
      View Details
    • Contact for pricing
      71,915 SF

      Arlington Retail Center Investment Opportunity

      Prime Arlington retail space, high traffic location.
      2301 Collins St, Arlington, TX 76011
      View Details
    • Contact for pricing
      2,105 SF

      Retail Redevelopment in North Arlington

      Retail space and pad sites available in high-traffic Arlington location.
      986 N Cooper St, Arlington, TX 76011
      View Details
    • Contact for pricing
      1,200 SF

      Retail Space in Fielder Plaza

      Retail space for lease in established Arlington shopping center.
      1701 W Randol Mill Rd, Arlington, TX 76011
      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.
    512 Division St
    Arlington, TX 76011
    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!