4650 Matlock RdArlington, TX 76018
- Commercial land
- 1.23 AC
Property Details for 4650 Matlock Rd
- Lot size
- 1.23 AC
- Property type
- Commercial land
- APN
- 28095--10R2B
- APU
- 2809510R2B
Description
This exceptional 0.736-acre commercial land parcel presents a compelling investment opportunity in Arlington, Texas. Situated at the highly visible northwest corner of Matlock Road and Bardin Road, this pad site benefits from a bustling, signalized intersection with impressive daily traffic counts of 48,319 vehicles on Matlock Road and 12,514 vehicles on Bardin Road, ensuring maximum exposure for any development. The property is zoned PD-RMF-22, offering flexibility for a variety of commercial uses. Two convenient curb cuts provide easy access from both Matlock and Bardin Roads. This location boasts strong demographics, with higher average household incomes than both Arlington and Fort Worth, creating a desirable market for businesses. The site's strategic placement is further enhanced by its adjacency to a newly constructed 125-unit multifamily development, providing a built-in customer base. Nearby recognizable retailers such as Starbucks, Raceway, and Jiffy Lube add to the area's vibrancy and appeal. This prime corner lot is ideal for ground lease or build-to-suit opportunities, presenting significant potential for investors seeking a high-traffic, high-visibility location in a thriving area. The property is offered for sale by owner. Financial details and additional information are available upon request.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $11,715,277
- Hospitality
- $10,731,131
- Educational
- $8,928,175
- Medical
- $9,235,228
- Retail
- $13,888,272
Location Insight
- City
- Arlington
- County
- Tarrant
- State
- Texas
- Latitude
- 32.6709
- Longitude
- -97.1156
- CBSA code
- 19100
- CBSA name
- DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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