2430 Davis DrArlington, TX 76012
- Retail properties
- 12,147 SF
Property Details for 2430 Davis Dr
- Year built
- 1987
- Lot size
- 0.89 AC
- Property size (Sq ft)
- 12,147 SF
- Property type
- Retail properties
- Property subtype
- Strip malls
- 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.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $3,419,384
- 6.5%
- $3,156,354
- 7%
- $2,930,901
-
Comparable approach
- Method
- Valuation
- Relative Method
- $3,917,066
- Geo Method
- $9,164,460
-
Alternative Use
- Use
- Valuation
- Residential
- $2,662,503
- Hospitality
- $2,438,838
- Educational
- $2,029,085
- Medical
- $2,098,868
- Retail
- $3,156,354
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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