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

    715 Border St Arlington, TX 76010-7406

    • Office buildings
    • 1,882 SF
    • 0.38 lot acres
    OFF-MARKET
    Last Sale
    Jul 15, 2024
    Value Estimations
    $345,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US83-0986369
    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

    • APL INC (Agent Production Library Inc) / Software Company
    • Optim8 / Computer Service

    Property Details for 715 Border St

    Year built
    1998
    Lot size
    0.38 lot acres
    Property size
    1,882 SF
    Property type
    Office buildings
    APN
    10260--18R
    APU
    1026018R

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $305,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $515,000
      6.5%
      $475,000
      7%
      $440,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $297,000
      Market price range: $80.1k - $298k

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $190,000
      Current use
      COMMERCIAL (GENERAL)
      $225,000
      Change: +16% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Arlington
    County
    Tarrant
    State
    Texas
    Longitude
    -97.1003
    Latitude
    32.7338
    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
    $10,133
    $99,600
    $328,555
    $428,155
    -
    $99,600
    $328,555
    $428,155

    Comparable in this City

    • Value Estimation
      $315,000
      1,494 SF

      208 Ditto Ave

      OFFICE BUILDING • 1,494 SF
      208 Ditto Ave, Arlington, TX 76010-7423
      View Details
    • Value Estimation
      $385,000
      2,924 SF

      1405 Pioneer Pkwy

      OFFICE BUILDING • 2,924 SF
      1405 Pioneer Pkwy, Arlington, TX 76010-5962
      View Details
    • Value Estimation
      $295,000
      2,984 SF

      814 Abram St

      OFFICE BUILDING • 2,984 SF
      814 Abram St, Arlington, TX 76010-1242
      View Details
    • Value Estimation
      $290,000
      3,899 SF

      401 Abram St

      OFFICE BUILDING • 3,899 SF
      401 Abram St, Arlington, TX 76010-1059
      View Details
    • Value Estimation
      $310,000
      5,270 SF

      601 Abram St

      OFFICE BUILDING • 5,270 SF
      601 Abram St, Arlington, TX 76010-1018
      View Details
    • Value Estimation
      $325,000
      2,922 SF

      805 Abram St

      OFFICE BUILDING • 2,922 SF
      805 Abram St, Arlington, TX 76010-1212
      View Details

    Similar Nearby for Sale

    • $325,000
      0.39 Acres

      Arlington Office Building For Sale

      1,964 SF office building on 0.39 acres in Arlington.
      117 E Park Row Dr, Arlington, TX 76010
      View Details
    • $795,000
      8,049 SF

      Freestanding Building in High-Traffic Area

      Freestanding building in Arlington, TX with seller financing available.
      705 E Abram St, Arlington, TX 76010
      View Details
    • $20,330,000
      273,419 SF

      Arlington Office Building For Sale

      Office building with upside potential near Arlington Entertainment District.
      500 E Border St, Arlington, TX 76010
      View Details
    • $24,977,975
      271,078 SF

      Chase Bank Tower: Arlington, TX

      Class A Office Building, High Cap Rate
      500 Border St, Arlington, TX 76010
      View Details
    • Contact for pricing
      4.95 Acres

      Arlington Commercial Land - 4.95 Acres

      High-visibility site, ideal for development.
      1901 Carter Dr, Arlington, TX 76010
      View Details
    • $1,082,892
      34,932 SF

      Commercial Land Near Retail Anchors

      Commercial land near Hong Kong Marketplace and major retail.
      3316 E Pioneer Pkwy, Arlington, TX 76010
      View Details

    Similar Nearby for Lease

    • $18 SF/Yr
      3,879 SF

      Arlington Office Space For Lease

      Versatile office space with modern amenities in a prominent location.
      2111 S Collins St, Arlington, TX 76010
      View Details
    • $17 SF/Yr
      50,984 SF

      Downtown Arlington Office Building ForRent

      Five-story office building in downtown Arlington, Texas.
      301 S Center St, Arlington, TX 76010
      View Details
    • $2,100 /Mo
      1,200 SF

      Turn Key Office Space

      1200 SF office space for rent in Arlington, TX.
      1180-1194 W Pioneer Pkwy, Arlington, TX 76010
      View Details
    • $20 SF/Yr
      2,900 SF

      Arlington Office Space For Rent

      Office space available in Arlington near restaurants.
      601 W Main St, Arlington, TX 76010
      View Details
    • Contact for pricing
      8,775 SF

      Arlington Retail Space - Collins Plaza

      Prime Arlington retail space, two units available.
      813 Oram St, Arlington, TX 76010
      View Details
    • $35 SF/Yr
      1,420 SF

      Arlington Retail/Office/Restaurant Space For Rent

      Versatile space suitable for retail, office, or restaurant use.
      2230 Carter Dr, Arlington, TX 76010
      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.
    715 Border St
    Arlington, TX 76010-7406
    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.