2430 Davis DrArlington, TX 76012

Property Details for 2430 Davis Dr

Year built

1987

Lot size

0.89 AC

Property size (Sq ft)

12,147 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

47750-3-10

APU

47750310

Description

North Davis Plaza, located at 2430 N Davis Dr, Arlington, TX 76012, presents a unique investment opportunity in a thriving retail center. This single-story, 12,147 square foot building sits on approximately one acre of land and offers 40 parking spaces for customer convenience. Currently, the property features a diverse mix of established tenants including a Mexican restaurant, a catering business, a dog grooming service, a florist, a pizza restaurant, a cell phone repair shop, and a mini-market. Two spaces are immediately available, ranging from 664 to 1,400 square feet, ideal for a variety of retail or office uses. The building boasts a 13'3" ceiling height and a 15'4" roof deck, offering ample space and potential for expansion or unique design features. The property's existing tenant mix provides a strong foundation for future growth and stability. The minimum divisible space is 664 square feet, making it accessible to a wide range of businesses. This is a prime opportunity to acquire a well-located, established retail center with significant upside potential. The property's location in Arlington, Texas ensures high visibility and accessibility to a large customer base. Don't miss this chance to invest in a thriving commercial property.

• CAP approach

  CAP return

  Valuation

  6%

  $2,684,830

  6.5%

  $2,478,300

  7%

  $2,301,280

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,616,570

  Geo Method

  $3,782,160

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $4,858,860

  Mixed-Use / Specialty

  $2,458,990

  Hospitality / Lodging

  $1,790,440

  Office

  $2,433,470

  Institutional / Educational

  $2,552,620

  Residential Income

  $2,986,560

  Multifamily

  $3,640,000

  Automotive / Energy

  $2,187,960

  Parking / Income-Based Land

  $765,388

  Restaurant / Food Service

  $1,256,580

  Healthcare / Senior Housing

  $2,532,390

Location Insight

City

Arlington

County

Tarrant

State

Texas

Latitude

32.7748

Longitude

-97.1234

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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