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Property profile & analytics
OFF-MARKET
Estimated value
$9,590,000
Office buildings
701 Highlander Blvd Arlington, TX 76015-4600
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-2751355
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1986
Total area
77,148 SF
Lot
5.24 ac (228,211 SF)
APN
18135-2-1A
UPID
US82-2751355
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
-
Texas Wholesale Club Big Box & Wholesale Store
-
Mike Serben - KW Lonestar DFW Real Estate Agency
-
LJ Adams Insurance Services, LLC Insurance Agency
-
Make Moves with Yen, Realtor Real Estate Agency
-
Jarishia Jackson| REALTOR® Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$8.52M
Blend (final)
Blend
$9.59M
Owner & transaction history
Aoa Arlington Mob LLC · 4 yrs held
Aoa Arlington Mob LLC
since 2021
7 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$15,235,000
Current use
COMMERCIAL (GENERAL)
$12,495,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$9.59M
Range $8.63M – $10.55M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$124 / 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
$164,121
Tax year 2023
Assessed value
$7,437,836
Assessed 2024
Previous assessed
$7,437,836
+0.0% YoY
Effective rate
2.21%
On assessed value
Assessed land
$2,510,321
Assessed improvement
$4,927,515
Land market value
$2,510,321
Improvement market value
$4,927,515
Total market value
$7,437,836
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
Off-Market
Year built
1986
Heating
NONE
Stories
5
Total area
77,148 SF
Lot
5.24 ac (228,211 SF)
APN
18135-2-1A
UPID
US82-2751355
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
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$15.2M
COMMERCIAL (GENERAL)
Est. value
$12.5M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1986
Heating
NONE
Stories
5
Lot
5.24 ac
Current owner
From public records · entity-resolved
Aoa Arlington Mob LLC
Entity
Mailing address
800 ORTHOPEDIC WAY, ARLINGTON, TX 76015-1629
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
23 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 12, 2022
—
Assignment Rents
—
Deed
related
—
Nov 1, 2021
—
Aoa Arlington Mob LLC
Land Is Highland LLC
Venders Lien
$6,525,000 · Frost Bank
Dec 20, 2019
—
This Land Is Highland LLC
—
Deed
related
—
Aug 7, 2019
—
Ld Acquisition Co 17 LLC
—
Grant Deed
related
$125,000,000 · Legacy Bk/tx
Apr 18, 2016
—
This Land Is Highland LLC
Rhoades-highlander LLC
Grant Deed
$4,500,000 · Southwest Bk
Dec 30, 2009
—
Tic Highlander Building LLC
Dbsi Highlander LLC
Grant Deed
related
—
Sep 11, 2009
—
Isenberg-highlander LLC
Isenberg,kenneth L & Gretchen G
Quit Claim Deed
related
—
Aug 27, 2009
—
Greco-highlander LLC
Greco-highlander LLC
Quit Claim Deed
related
—
Apr 19, 2006
—
Highlander Jac-highlander LLC
Highlander Jac LLC
Quit Claim Deed
related
$3,422,155 · Bond Street Capital Corp
Aug 8, 2005
—
Sumerlea Ltd
Clark Leaming Properties Ltd
Grant Deed
related
—
Apr 6, 2004
—
Juan P Gonzalez
Dbsi Highlander LLC
Grant Deed
related
—
Mar 12, 2004
—
Marilyn L Howard
Dbsi Highlander LLC
Grant Deed
related
—
Mar 8, 2004
—
Randy A Stangler
Stangler,sandy
Quit Claim Deed
related
—
Mar 5, 2004
—
Mark L Lana
Dbsi Highlander LLC
Grant Deed
related
—
Mar 1, 2004
—
Highlander Jac LLC
Dbsi Highlander LLC
Quit Claim Deed
related
—
Feb 26, 2004
—
Meyers,tr
Dbsi Highlander LLC
Grant Deed
related
—
Feb 25, 2004
—
1925 South Rosemary LLC
Dbsi Highlander LLC
Grant Deed
related
—
Feb 24, 2004
—
Thomas M Haren
Dbsi Highlander LLC
Grant Deed
related
—
Feb 17, 2004
—
Dbsi Highlander LLC
Southwest Matlock-arbrook LP
Grant Deed
related
—
Dec 20, 2001
—
Southwest Matlock-arbrook LP
Dorbet INC
Grant Deed
related
—
—
—
Dorbet INC
—
Deed Of Trust
related
$4,200,000 · Usg Annunity & Life Co
—
—
This Land Is Highland LLC
—
Deed Of Trust
related
—
—
—
Tic Highlander Building LLC
—
Deed Of Trust
related
$3,422,155 · J P Morgan Chase Com'l Mtg Sec
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.
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