Sign Up Successful!
You now have access to more from Realmo!
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

    7140 Us 287th Hwy Arlington, TX 76001-2806

    • Assisted living facilities
    • 11,131 SF
    • 0.94 lot acres
    OFF-MARKET
    Last Sale
    Jun 15, 2022
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-6487223
    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

    • Assisted living facilities

    Property Details for 7140 Us 287th Hwy

    Year built
    2011
    Lot size
    0.94 lot acres
    Property size
    11,131 SF
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    36785--2C7R-10
    APU
    367852C7R10

    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
    -97.1754
    Latitude
    32.6291
    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
    $56,559
    $82,108
    $2,455,892
    $2,538,000
    -
    $82,108
    $2,455,892
    $2,538,000

    Comparable in this City

    • Value Estimation by Request
      13,267 SF

      Willow Holw Ln

      HOMES (RETIRED, NURSING) • 13,267 SF
      Willow Holw Ln, Arlington, TX 76001
      View Details
    • Value Estimation by Request
      5.84 Acres

      Willow Holw Ln

      HOMES (RETIRED, NURSING) • 5.84 Acres
      Willow Holw Ln, Arlington, TX 76001
      View Details
    • Value Estimation
      $800,000
      6,114 SF

      7603 Us 287th Hwy

      MEDICAL BUILDING • 6,114 SF
      7603 Us 287th Hwy, Arlington, TX 76001-6956
      View Details
    • Value Estimation
      $670,000
      4,925 SF

      8015 Cooper St

      MEDICAL BUILDING • 4,925 SF
      8015 Cooper St, Arlington, TX 76001-7018
      View Details
    • Value Estimation
      $580,000
      6,470 SF

      6518 Cooper St

      MEDICAL BUILDING • 6,470 SF
      6518 Cooper St, Arlington, TX 76001-5620
      View Details
    • Value Estimation
      $715,000
      5,555 SF

      7410 Cooper St

      DENTAL BUILDING • 5,555 SF
      7410 Cooper St, Arlington, TX 76001-7025
      View Details

    Similar Nearby for Sale

    • $1,950,000
      2.66 Acres

      Arlington Commercial Land - Prime Location

      2.663 Acres, IM Zoning, $1.95M
      7001 Cooper St, Arlington, TX 76001
      View Details
    • $2,244,211

      Arlington Land with Development Potential

      Prime land in Arlington, TX, with flexible zoning options.
      7819-7827 S Cooper St, Arlington, TX 76001
      View Details
    • $750,000

      Arlington Land For Sale

      Land available for purchase in Arlington, Texas.
      1210 W Turner Warnell Rd, Arlington, TX 76001
      View Details
    • Contact for pricing

      Arlington Land Parcel For Sale

      1.806 acre platted parcel with Light Industrial zoning.
      1211 W Harris Rd, Arlington, TX 76001
      View Details
    • $3,447,180
      5,476 SF

      QuikTrip NNN Lease Opportunity

      NNN lease with corporate guaranty by QuikTrip in Arlington, TX.
      701 W Harris Rd, Arlington, TX 76001
      View Details
    • $497,000

      Prime Land in Arlington, TX

      Acre of land with versatile commercial zoning in Arlington.
      6514 S Cooper St, Arlington, TX 76001
      View Details

    Similar Nearby for Lease

    • $15 SF/Yr
      1,864 SF

      Retail Space on South Cooper

      Retail space available for lease on South Cooper Street.
      7207-7209 S Cooper St, Arlington, TX 76001
      View Details
    • Contact for pricing
      22,200 SF

      Arlington Warehouse with Office Space

      22,200 SF warehouse with new office and outside storage.
      1208 Commercial Blvd N, Arlington, TX 76001
      View Details
    • Contact for pricing
      12,000 SF

      Arlington Warehouse with Dock Doors

      12,000 SF warehouse with dock and grade doors.
      1000-1008 N Commercial Blvd, Arlington, TX 76001
      View Details
    • Contact for pricing
      50,726 SF

      Arlington Warehouse Space Available

      50726 SF warehouse space for rent in Arlington, TX.
      4030 Express St, Arlington, TX 76001
      View Details
    • Contact for pricing
      7,326 SF

      Retail/Restaurant Space in Arlington, TX

      7,326 SF retail/restaurant space with patio opportunity.
      9584 Eden Rd, Arlington, TX 76001
      View Details
    • Contact for pricing
      2,500 SF

      Arlington Industrial Flex Space Available

      Industrial flex space for rent with good highway access.
      1110 W Harris Rd, Arlington, TX 76001
      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.
    7140 Us 287th Hwy
    Arlington, TX 76001-2806
    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.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.