1114 Pioneer PkwyArlington, TX 76013

Property Details for 1114 Pioneer Pkwy

Year built

1969

Lot size

1.38 AC

Property size (Sq ft)

14,504 SF

Property type

Medical offices

Property subtype

Medical centers

APN

17210--21

APU

1721021

Description

This 800-square-foot office suite in Arlington, Texas, is ideally suited for a small business or therapy practice. Located at 1114 W Pioneer Pkwy, 76013, this single-tenant space offers three well-appointed offices, each providing privacy and flexibility. An en-suite bathroom adds convenience. The suite's location in a vibrant Arlington community, near Cooper and Pioneer, ensures high visibility and easy access. The area boasts ample parking and a thriving mix of businesses, creating a dynamic and supportive atmosphere. This is a sublease opportunity, offering a 1-2 year term, perfect for businesses seeking a temporary yet stable location for growth. The property is situated amongst other healthcare professionals, including chiropractors, dentists, medical doctors, and therapists, fostering a collaborative environment. This traditional office space is also suitable as a medical office.

• CAP approach

  CAP return

  Valuation

  6%

  $2,777,470

  6.5%

  $2,563,818

  7%

  $2,380,688

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,856,005

  Geo Method

  $4,342,352

• Alternative Use

  Use

  Valuation

  Residential

  $3,179,134

  Hospitality

  $2,912,070

  Educational

  $2,422,808

  Medical

  $2,506,132

  Retail

  $3,768,812

Location Insight

City

Arlington

County

Tarrant

State

Texas

Latitude

32.7074

Longitude

-97.093

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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