2015 Cooper StArlington, TX 76010

Property Details for 2015 Cooper St

Year built

1962

Lot size

1.11 AC

Property size (Sq ft)

3,366 SF

Property type

Investment properties

Property subtype

Live-work space

APN

27990--------AR2--E2

APU

27990AR2E2

Description

This exceptional 2,793 square foot single-tenant office building, located at 2015 S Cooper Street in Arlington, Texas, presents a unique investment opportunity. Built in 1962 and extensively renovated in 2015, the property boasts a Class B designation and sits on a generous 1.1 acres of land. The building is a single-story structure, zoned CC, and offers excellent visibility with a high traffic count of 36,000 vehicles per day. Its strategic location provides easy access to residential areas, enhancing its appeal and potential for a variety of uses. The property's features include separate utility metering, a significant advantage for cost management. The building's classification as both Traditional and Creative Office space allows for diverse tenant profiles. The property's size and location in Tarrant County make it an ideal choice for businesses seeking a prominent presence in a high-traffic area. The 2015 renovation ensures modern amenities and functionality, while the ample land provides potential for future expansion or development. This is a rare opportunity to acquire a well-maintained, strategically located commercial property in a thriving area. The property is currently designated as Retail, Office, and Special Purpose, offering flexibility for various business types.

• CAP approach

  CAP return

  Valuation

  6%

  $644,578

  6.5%

  $594,995

  7%

  $552,496

• Comparable approach

  Method

  Valuation

  Relative Method

  $430,730

  Geo Method

  $1,007,747

• Alternative Use

  Use

  Valuation

  Residential

  $737,794

  Hospitality

  $675,816

  Educational

  $562,271

  Medical

  $581,608

  Retail

  $874,643

Location Insight

City

Arlington

County

Tarrant

State

Texas

Latitude

32.713

Longitude

-97.1144

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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