3851 Green Oaks BlvdArlington, TX 76017

  • Strip malls
  • 16,969 SF
For Lease
$21/SF/YR View listing

Property Details for 3851 Green Oaks Blvd

Year built
2003
Lot size
1.76 AC
Property size (Sq ft)
16,969 SF
Property type
Strip malls
Property subtype
Neighborhood centers
APN
22410--31
APU
2241031

Description

This exceptional executive office opportunity, located at 3851 SW Green Oaks Blvd in Arlington, Texas, offers 4,136 square feet of vacant space within a 16,357 square foot building. The property, built in 2003, is situated on a 1.76-acre lot in the thriving Green Oaks Village shopping center. This multi-tenant building features two suites, with a minimum divisible space of 1,408 square feet and a maximum contiguous space of 2,728 square feet. The location benefits from its central position in a densely populated area of southwest Arlington, providing excellent visibility and accessibility. The shopping center boasts a diverse mix of retail, restaurant, and professional services, creating a vibrant and convenient environment for businesses. The property's convenient access to Interstate 20 and US 287 ensures easy commutes for employees and clients. Ample parking is available for tenants and visitors. This space is ideal for a variety of businesses seeking a high-profile location in a well-established shopping center. The former Learning Center space presents a unique opportunity for a business seeking a ready-to-occupy space with existing infrastructure. Located in Tarrant County, Texas, with a zip code of 76017, this property presents a compelling investment opportunity in a high-demand area. The property's size and location make it suitable for a range of businesses seeking a prominent presence in a busy commercial area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,750,630
    6.5%
    $3,462,120
    7%
    $3,214,820
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,258,300
    Geo Method
    $5,283,560
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $6,787,690
    Mixed-Use / Specialty
    $3,435,140
    Hospitality / Lodging
    $2,501,200
    Office
    $3,399,490
    Institutional / Educational
    $3,565,930
    Residential Income
    $4,172,140
    Multifamily
    $5,084,980
    Automotive / Energy
    $3,056,510
    Parking / Income-Based Land
    $1,069,220
    Restaurant / Food Service
    $1,755,410
    Healthcare / Senior Housing
    $3,537,680

Location Insight

City
Arlington
County
Tarrant
State
Texas
Latitude
32.6587
Longitude
-97.1685
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
$82,746
$306,328
$3,619,352
$3,925,680
-
$306,328
$3,619,352
$3,925,680

FAQs

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