2430 Davis DrArlington, TX 76012

  • Retail properties
  • 12,147 SF
For Lease
$15/SF/YR View listing

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
2430 Davis Dr, Arlington, Texas

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$20,628
$115,920
$977,310
$1,093,230
-
$115,920
$977,310
$1,093,230

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