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

    908 E Pioneer Pkwy Arlington, TX 76010

    • Outlet malls
    • 24,584 SF
    • 2.23 lot acres
    For Lease
    View listing
    $15 SF/Yr
    Last Sale
    Apr 07, 2020
    Value Estimations
    $1,220,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-1264659
    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

    • Wells Fargo ATM / Atm
    • Family Dollar / General Store
    • 99 Cents Only Stores / Dollar Store / Discount Store
    • NAPA Auto Parts / Auto Parts Store / Auto Parts Market

    Property Details for 908 E Pioneer Pkwy

    Year built
    1970
    Lot size
    2.23 lot acres
    Property size
    24,584 SF
    Property type
    Outlet malls
    APN
    42060--1E1
    APU
    420601E1

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $790,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,646,000
      Market price range: $978k - $2.98M

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $1,945,000
      Current use

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

    Location Insight

    • Map
    • Local Demand
    City
    Arlington
    County
    Tarrant
    State
    Texas
    Longitude
    -97.0966
    Latitude
    32.7072
    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
    $55,495
    $577,275
    $1,937,725
    $2,515,000
    -
    $577,275
    $1,937,725
    $2,515,000

    Comparable in this City

    • Value Estimation
      $2,700,000
      113,190 SF

      2540 Pioneer Pkwy

      WHOLESALE OUTLET, DISCOUNT STORE • 113,190 SF
      2540 Pioneer Pkwy, Arlington, TX 76010-5201
      View Details
    • Value Estimation
      $1,985,000
      57,741 SF

      2430 Pioneer Pkwy

      WHOLESALE OUTLET, DISCOUNT STORE • 57,741 SF
      2430 Pioneer Pkwy, Arlington, TX 76010-8790
      View Details
    • Value Estimation by Request
      6,464 SF

      3005 Abram St

      WHOLESALE OUTLET, DISCOUNT STORE • 6,464 SF
      3005 Abram St, Arlington, TX 76010-1461
      View Details
    • Value Estimation by Request
      0.03 Acres

      2209 Pioneer Pkwy

      SHOPPING CENTER, STRIP CENTER • 0.03 Acres
      2209 Pioneer Pkwy, Arlington, TX 76010-5017
      View Details
    • Value Estimation
      $925,000
      22,267 SF

      2000 Pioneer Pkwy

      SHOPPING CENTER, STRIP CENTER • 22,267 SF
      2000 Pioneer Pkwy, Arlington, TX 76010-6838
      View Details
    • Value Estimation
      $795,000
      17,968 SF

      1250 Pioneer Pkwy

      SHOPPING CENTER, STRIP CENTER • 17,968 SF
      1250 Pioneer Pkwy, Arlington, TX 76010-6422
      View Details

    Similar Nearby for Sale

    • $3,000,000

      Arlington Land For Retail Development

      0.98 acre commercial land ideal for retail development.
      2240 E Pioneer Pkwy, 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
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    • $250,000
      0.58 Acres

      Arlington, TX Half-Acre Commercial Parcel

      Prime half-acre commercial land parcel in Arlington, TX for sale.
      1959 E Arkansas Ln, Arlington, TX 76010
      View Details
    • $149,000
      0.17 Acres

      Residential Lot in Arlington Neighborhood

      Vacant lot in established neighborhood, ideal for custom home.
      2610 Hardy Pl, 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
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    • 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

    Similar Nearby for Lease

    • Contact for pricing
      5,879 SF

      Retail Space on Pioneer Parkway

      Retail space available in Arlington shopping center on Pioneer Parkway.
      919 W Pioneer Pkwy, Arlington, TX 76010
      View Details
    • $15 SF/Yr
      6,720 SF

      Retail Space on Pioneer Parkway

      Retail space with frontage on Arlington's primary thoroughfare.
      908 E Pioneer Pkwy, Arlington, TX 76010
      View Details
    • Contact for pricing
      3,200 SF

      Renovated Shopping Center For Rent

      Newly renovated shopping center with great access and visibility.
      2414-2420 W Park Row Dr, Pantego, TX 76010
      View Details
    • Contact for pricing

      Retail Space in Ashbury Plaza

      Retail spaces available within a busy shopping center.
      907 W Pioneer Pkwy, Arlington, TX 76010
      View Details
    • Contact for pricing
      7,680 SF

      Retail Space Near Highway 360

      Retail space with high visibility and ample parking.
      2535 E Arkansas Ln, Arlington, TX 76010
      View Details
    • Contact for pricing
      2,650 SF

      Retail Space in Ashbury Plaza

      Retail space available in a busy Arlington shopping center.
      903-911 W Pioneer Pkwy, Arlington, TX 76010
      View Details
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    908 E Pioneer Pkwy
    Arlington, TX 76010
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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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