808 Interstate 20Arlington, TX 76017

  • Office buildings
  • 28,886 SF
For Lease
$18/SF/YR View listing

Property Details for 808 Interstate 20

Year built
1984
Lot size
2.01 AC
Property size (Sq ft)
28,886 SF
Property type
Office buildings
APN
39630-4-5R1R
APU
3963045R1R

Description

This exceptional Arlington, Texas office property, located at 808 W Interstate 20, zip code 76017, offers 28,371 square feet of versatile space ideal for medical, executive, or creative office uses. The building, a Class B property renovated in 2022, features two suites on the second floor, totaling 5,778 contiguous square feet, with a minimum divisible space of 2,629 square feet. Individual suites measure 2,629 and 3,149 square feet respectively and can be combined. The property boasts a convenient two-story layout with one elevator, ample parking (164 spaces), and a flexible floor plan. Its strategic location provides easy access to major thoroughfares, including I-20 and Hwy 360, placing it near restaurants, entertainment, and DFW Airport. Benefit from premium visibility from I-20, enjoying exposure to over 181,000 vehicles per day. The building is a multi-tenant property.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $6,269,120
    6.5%
    $5,786,880
    7%
    $5,373,530
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,696,400
    Geo Method
    $8,648,180
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $11,554,500
    Retail / Commercial
    $5,893,500
    Mixed-Use / Specialty
    $5,847,570
    Hospitality / Lodging
    $4,257,740
    Institutional / Educational
    $6,070,210
    Residential Income
    $7,102,150
    Multifamily
    $8,656,060
    Automotive / Energy
    $5,203,040
    Parking / Income-Based Land
    $1,820,120
    Restaurant / Food Service
    $2,988,190
    Healthcare / Senior Housing
    $6,022,120

Location Insight

City
Arlington
County
Tarrant
State
Texas
Latitude
32.6768
Longitude
-97.1189
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
$52,266
$831,364
$1,632,037
$2,463,401
-
$831,364
$1,632,037
$2,463,401

FAQs

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