1500 Abram StArlington, TX 76010

Property Details for 1500 Abram St

Year built

1938

Lot size

0.57 AC

Property size (Sq ft)

2,096 SF

Property type

Office buildings

APN

11190-2--10

APU

11190210

Description

This exceptional Arlington, Texas retail property, known as the Abram Shopping Center, presents a unique investment opportunity. Located at 1500 E Abram St, 76010, this two-building complex boasts a total of 35,157 square feet of retail and warehouse space, spread across 14 suites. The property offers flexible space options, with a minimum divisible unit of 640 square feet and a maximum contiguous space of 7,450 square feet. Currently, there is 6,000 square feet of vacant space available, providing immediate occupancy potential. The strategic location near Stadium Drive offers unparalleled visibility and accessibility. Benefit from the high traffic volume generated by its proximity to major attractions including AT&T Stadium (Dallas Cowboys), Choctaw Stadium (Texas Rangers), Six Flags Over Texas, the General Motors Assembly Plant, and the Texas Live! Entertainment Complex. This location also places the property within easy reach of a diverse range of established businesses, both local and national. The property's multiple tenancy structure provides a diversified income stream and significant potential for future growth. This is an ideal opportunity for businesses seeking high-visibility retail space or flexible warehouse solutions in a thriving Arlington market.

• CAP approach

  CAP return

  Valuation

  6%

  $454,894

  6.5%

  $419,902

  7%

  $389,909

• Comparable approach

  Method

  Valuation

  Relative Method

  $268,215

  Geo Method

  $627,521

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $838,411

  Retail / Commercial

  $427,639

  Mixed-Use / Specialty

  $424,306

  Hospitality / Lodging

  $308,946

  Institutional / Educational

  $440,461

  Residential Income

  $515,340

  Multifamily

  $628,093

  Automotive / Energy

  $377,538

  Parking / Income-Based Land

  $132,070

  Restaurant / Food Service

  $216,827

  Healthcare / Senior Housing

  $436,972

Location Insight

City

Arlington

County

Tarrant

State

Texas

Latitude

32.7355

Longitude

-97.1281

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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