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Property profile & analytics
FOR LEASE
Office buildings
700 Highlander Blvd Arlington, TX 76017
Entity Owned
13-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-5635661
For Lease
1 / 2
$21.50 SF/Yr
700 Highlander Blvd, Arlington, TX 76017
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1988
Total area
122,876 SF
Lot
5.98 ac (260,576 SF)
APN
18135-3-1C
UPID
US82-5635661
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Atlas Match Marketing & Advertising
-
Firewood Arlington TX Big Box & Wholesale Store
-
ASG Technologies (Bike/Boat/Book/etc) Store Corporate Office
-
Anthony Sampson: Allstate Insurance Insurance Agency
-
Edward Jones - Financial Advisor: Kirk E Holifield Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.71M
Owner & transaction history
Highlander Outparcel LP · 13 yrs held
Highlander Outparcel LP
since 2012
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Arlington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Arlington submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$38 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$183,900
Tax year 2023
Assessed value
$7,514,214
Assessed 2024
Previous assessed
$8,334,182
-9.8% YoY
Effective rate
2.45%
On assessed value
Assessed land
$2,866,193
Assessed improvement
$4,648,021
Land market value
$2,866,193
Improvement market value
$4,648,021
Total market value
$7,514,214
Applied tax rate
224.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
For Lease
Year built
1988
Heating
NONE
Stories
5
Total area
122,876 SF
Lot
5.98 ac (260,576 SF)
APN
18135-3-1C
UPID
US82-5635661
Jurisdiction
TARRANT
Metro division
FORT WORTH-ARLINGTON, TX METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1988
Heating
NONE
Stories
5
Lot
5.98 ac
Current owner
From public records · entity-resolved
Highlander Outparcel LP
Entity
Mailing address
6100 WESTERN PL STE #910, FORT WORTH, TX 76107-4679
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 16, 2019
—
700 Highlander Partners LP
—
Deed
related
$7,422,180 · Frost Bk
Aug 6, 2012
—
Highlander Outparcel LP
700 Highlander Partners LP
Quit Claim Deed
related
$9,000,000 · Frost Bank
—
—
700 Highlander Partners LP
—
Loan Modification
related
$7,422,180 · Frost Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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