1115 Abram StArlington, TX 76010

Property Details for 1115 Abram St

Year built

1973

Lot size

0.69 AC

Property size (Sq ft)

8,400 SF

Property type

Investment properties

Property subtype

Live-work space

APN

2760--18R-10

APU

276018R10

Description

This exceptional 18,200 square foot retail property in Arlington, Texas, presents a compelling investment or owner-user opportunity. Located at 1115 E Abram Street Unit 101, this 1.07-acre site is currently fully occupied by a furniture store operating on a month-to-month lease, providing immediate cash flow. The property boasts a versatile layout, including a spacious 9,000 square-foot open showroom ideal for retail displays and a substantial 9,200 square-foot warehouse area suitable for storage or additional retail operations. Its strategic location less than a mile from AT&T Stadium and 1.5 miles from Globe Life Field ensures high visibility and significant foot traffic. These venues attract approximately 200,000 visitors weekly for various events, including sporting events, concerts, and rodeos, creating a robust customer base. The property is zoned General Commercial, offering flexibility for a variety of uses. Priced at $1,700,000, this property represents a rare chance to acquire a high-performing retail asset in a prime Arlington location with exceptional growth potential. The month-to-month lease provides flexibility for future development or tenant management. This is an ideal opportunity for investors seeking strong returns or owner-operators looking to establish a thriving business in a high-traffic area.

• CAP approach

  CAP return

  Valuation

  6%

  $1,608,573

  6.5%

  $1,484,837

  7%

  $1,378,777

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,074,906

  Geo Method

  $2,514,876

• Alternative Use

  Use

  Valuation

  Residential

  $1,841,198

  Hospitality

  $1,686,527

  Educational

  $1,403,171

  Medical

  $1,451,428

  Retail

  $2,182,710

Location Insight

City

Arlington

County

Tarrant

State

Texas

Latitude

32.7359

Longitude

-97.0946

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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