5501 Arkansas LnArlington, TX 76013

Property Details for 5501 Arkansas Ln

Year built

2000

Lot size

0.71 AC

Property size (Sq ft)

3,315 SF

Property type

Individual retail properties

APN

38020-2-4BR2-13

APU

3802024BR213

Description

This exceptional investment opportunity presents a vacant, freestanding retail storefront in Arlington, Texas. The 3,315-square-foot building, constructed in 2000, sits on a 0.71-acre lot and features a convenient drive-thru. Zoned Community Commercial (CC), this property allows for a variety of uses, including restaurants, retail, and service businesses. Located at 5501 W Arkansas Ln, Arlington, TX 76013, it benefits from high visibility on a major thoroughfare with over 35,000 cars per day passing a nearby signalized intersection. The all-brick building offers ample parking and is situated near established businesses such as Dollar General, Frost Bank, and Pizza Hut, as well as several schools and residential areas. The asking price is $800,000, and the property is suitable for owner-users or value-add investors. The property's location within the rapidly growing Dallas-Fort Worth metroplex, coupled with its strong demographics (254,270 people within a 5-mile radius, average household income of $80,478), makes this a compelling investment opportunity. The property is offered as a fee-simple interest and is available for a 1031 exchange. The Tax Parcel Number (APN) is 06801153. This single-story building offers one unit.

• CAP approach

  CAP return

  Valuation

  6%

  $933,174

  6.5%

  $861,391

  7%

  $799,863

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,068,994

  Geo Method

  $2,501,044

• Alternative Use

  Use

  Valuation

  Residential

  $726,615

  Hospitality

  $665,576

  Educational

  $553,751

  Medical

  $572,796

  Retail

  $861,391

Location Insight

City

Arlington

County

Tarrant

State

Texas

Latitude

32.7081

Longitude

-97.1899

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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