For Sale
$525,000

1550 Jones Dr Arlington, TX 76013

Vacant Medical Office, High-Traffic Area

Overview

Added:
Dec 11, 2024
Days on market:
138
This single-story, 3,075 square foot medical office building in Arlington, Texas, presents a compelling investment opportunity. Built in 1960 and renovated in 1994, the property boasts two vacant suites, ideal for a value-add renovation or redevelopment. Situated on a 0.51-acre lot with 17 parking spaces, its location at the intersection of W Park Row Dr and S Fielder Rd offers high visibility and accessibility. The property benefits from its proximity to both residential and commercial areas, including the University of Texas at Arlington, ensuring a diverse potential tenant base. The building is zoned CC and offers significant potential for various uses. The asking price is $525,000, translating to $170.73 per square foot. This represents a unique chance to acquire a well-located, vacant medical office building with substantial upside potential in a thriving Texas market. The property's size and location make it suitable for a range of redevelopment options, capitalizing on the area's growth and demand.

Highlights

  • 3,075 SF single-story medical office building in Arlington, TX with two vacant suites.
  • Value-add/redevelopment opportunity on a 0.51-acre lot with 17 parking spaces.
  • High-visibility location at W Park Row Dr and S Fielder Rd, near UTA, residential, and retail.
  • Built in 1960, renovated in 1994; CC zoning allows for diverse uses.
  • $525,000 asking price ($170.73/SF).

Property Details for 1550 Jones Dr

Property type
Office properties, Medical offices
Square Feet
3,075 SF
Class
C
Year Built/Renovated
1960/1994
Buildings
1
Stories
1
Lot Size (sq. ft)
22,216 SF
Units
2

Location Insight

City
Arlington
County
Tarrant
State
Texas
Latitude
32.7204154
Longitude
-97.1339

FAQs

What type of property is this?
Office property - Vacant Medical Office, High-Traffic Area
Where is the office property located?
The property is located at 1550 Jones Dr Arlington, TX.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: 3,075 SF single-story medical office building in Arlington, TX with two vacant suites.; Value-add/redevelopment opportunity on a 0.51-acre lot with 17 parking spaces.; High-visibility location at W Park Row Dr and S Fielder Rd, near UTA, residential, and retail.
How can I contact the broker?
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1550 Jones Dr
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