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

    5408 Arkansas Ln Arlington, TX 76016-1275

    • Strip malls
    • 5,100 SF
    • 0.48 lot acres
    OFF-MARKET
    Last Sale
    Jun 23, 2023
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US83-3554476
    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

    • 4 Security & Sound Inc / Security System Supplier
    • SKILD TAX SERVICES & FINANCIAL / Accountant
    • AFRICAN HAIR BRAIDING FIVE STAR / Hair Salon

    Property Details for 5408 Arkansas Ln

    Year built
    1982
    Lot size
    0.48 lot acres
    Property size
    5,100 SF
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    38020----3----YR--20
    APU
    380203YR20

    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
    -97.1895
    Latitude
    32.7073
    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
    $11,753
    $83,520
    $517,719
    $601,239
    -
    $83,520
    $517,719
    $601,239

    Comparable in this City

    • Value Estimation
      $740,000
      30,669 SF

      3901 Arkansas Ln

      SHOPPING CENTER, STRIP CENTER • 30,669 SF
      3901 Arkansas Ln, Arlington, TX 76016-6407
      View Details
    • Value Estimation
      $560,000
      10,692 SF

      4261 Grn Oaks Blvd

      SHOPPING CENTER, STRIP CENTER • 10,692 SF
      4261 Grn Oaks Blvd, Arlington, TX 76016-4484
      View Details
    • Value Estimation
      $635,000
      25,333 SF

      3100 Arkansas Ln E E Ste

      SHOPPING CENTER, STRIP CENTER • 25,333 SF
      3100 Arkansas Ln E E Ste, Dwg, TX 76016-5872
      View Details
    • Value Estimation by Request
      2,076 SF

      5801 Ofc Park Dr

      SHOPPING CENTER, STRIP CENTER • 2,076 SF
      5801 Ofc Park Dr, Arlington, TX 76016-4472
      View Details
    • Value Estimation
      $630,000
      19,048 SF

      2513 Pleasant Rdg Rd

      SHOPPING CENTER, STRIP CENTER • 19,048 SF
      2513 Pleasant Rdg Rd, Dalworthington Gardens, TX 76016
      View Details
    • Value Estimation
      $535,000
      12,962 SF

      4388 Grn Oaks Blvd

      SHOPPING CENTER, STRIP CENTER • 12,962 SF
      4388 Grn Oaks Blvd, Arlington, TX 76016-4496
      View Details

    Similar Nearby for Sale

    • $650,000
      1.12 Acres

      Dalworthington Gardens Retail Opportunity

      Retail property with expansion potential in Dalworthington Gardens, Texas.
      2704 W Arkansas Ln, Dalworthington Gardens, TX 76016
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    • $1,500,000
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      Updated Retail/Office Building, Arlington, TX

      Spacious, updated building ideal for retail, office, or childcare.
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    • $760,000
      3,315 SF

      Freestanding Drive-Thru Restaurant Opportunity

      Freestanding drive-thru near Green Oaks Blvd and Arkansas Lane.
      5501 W Arkansas Ln, Arlington, TX 76016
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    • $399,000
      3.26 Acres

      Luxury Homesites in Gated Community

      Luxury homesites in a gated community with established trees.
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    • $1,175,000
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      Arlington Medical Office Building

      Prime South Arlington Office, 5,417 SF
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    • New
      $359,900
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      Arlington, TX Land Homesite

      Expansive homesite in gated community, build your dream residence.
      3 Elkhorn Dr, Arlington, TX 76016
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    Similar Nearby for Lease

    • Contact for pricing
      47,069 SF

      Stanton Plaza: Arlington Retail Center

      Prime Arlington retail space, multiple units available.
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      View Details
    • Contact for pricing
      65,088 SF

      Arlington Retail Strip Center

      Prime Arlington location, multiple spaces available.
      4001 Green Oaks Blvd, Arlington, TX 76016
      View Details
    • Contact for pricing
      2,700 SF

      Retail Space in Established Center

      Retail space in a shopping center with ample parking.
      4200 SW Green Oaks Blvd, Arlington, TX 76016
      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 76016
      View Details
    • Contact for pricing
      888 SF

      Arlington Retail Space For Rent

      Retail space available in Arlington, Texas shopping center.
      401-4400 Little Rd, Arlington, TX 76016
      View Details
    • $20 SF/Yr
      740 SF

      Retail Space Available For Lease

      Retail space for lease, partially built out, 740 square feet.
      4311 Little Rd, Arlington, TX 76016
      View Details
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    5408 Arkansas Ln
    Arlington, TX 76016-1275
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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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