1630 Lamar BlvdArlington, TX 76006

  • Retail properties
  • 17,500 SF
For Lease

Property Details for 1630 Lamar Blvd

Year built
2006
Lot size
1.94 AC
Property size (Sq ft)
17,500 SF
Property type
Retail properties
Property subtype
Strip malls
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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • 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
1630 Lamar Blvd, Arlington, Texas

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

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
$61,010
$1,015,824
$1,884,176
$2,900,000
-
$1,015,824
$1,884,176
$2,900,000

FAQs

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