1630 Lamar BlvdArlington, TX 76006

Property Details for 1630 Lamar Blvd

Year built

2006

Lot size

1.94 AC

Property size (Sq ft)

17,500 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

31159--12R2A

APU

3115912R2A

Description

Lamar Plaza, located at 1630 E Lamar Blvd in Arlington, Texas, presents a unique leasing opportunity. This 17,500 square foot mixed-use property, built in 2007, offers a blend of retail, office, and restaurant spaces within a vibrant commercial environment. Currently, a single, 1,400 square foot executive office suite is available for lease. The building sits on a generous 1.94-acre lot, providing ample space and visibility. The property's classification as a shopping center, strip center, and mixed-use commercial space reflects its diverse tenant base and potential. Its location in Tarrant County, within the bustling city of Arlington, ensures high traffic and accessibility. The property's multiple tenancy structure provides a dynamic and collaborative atmosphere. This is an exceptional opportunity for businesses seeking a well-established location with significant visibility and convenient access. The available space is ideal for a variety of office uses, offering a chance to establish a presence in a thriving commercial area. Interested parties should inquire about lease terms and availability. The property's 2007 construction ensures modern amenities and efficient layouts.

• CAP approach

  CAP return

  Valuation

  6%

  $4,926,255

  6.5%

  $4,547,312

  7%

  $4,222,504

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,643,258

  Geo Method

  $13,203,099

• Alternative Use

  Use

  Valuation

  Residential

  $3,835,828

  Hospitality

  $3,513,598

  Educational

  $2,923,272

  Medical

  $3,023,808

  Retail

  $4,547,312

Location Insight

City

Arlington

County

Tarrant

State

Texas

Latitude

32.7634

Longitude

-97.0861

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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