710 Watson RdArlington, TX 76011

Property Details for 710 Watson Rd

Year built

1971

Lot size

2.68 AC

Property size (Sq ft)

40,704 SF

Property type

Office buildings

APN

48502-82

APU

4850282

Description

This exceptional 2.68-acre property located at 710-714 N Watson Rd, Arlington, TX 76011, presents a unique mixed-use development opportunity. The site boasts a substantial 40,704 square feet of space and features a 12-foot clear height, perfect for a variety of commercial ventures. The property is zoned "IM" Industrial Manufacturing, offering flexibility for diverse projects. Constructed with masonry, the building provides durability and longevity. Situated on North Watson Road, off Highway 360, this location offers unparalleled convenience and accessibility. It's within walking distance of major Arlington attractions, including AT&T Stadium, Globe Life Field, and Six Flags Over Texas, ensuring high visibility and potential for significant foot traffic. Furthermore, the property enjoys easy access to major thoroughfares such as I-30, Hwy 360, and I-20, providing excellent connectivity for employees, customers, and supply chains. This prime location and versatile zoning make this property an exceptional investment opportunity in a thriving Texas market. The property's size and features offer significant potential for redevelopment or expansion, catering to a wide range of commercial uses. Don't miss this chance to acquire a strategically located asset in a high-demand area.

• CAP approach

  CAP return

  Valuation

  6%

  $7,794,686

  6.5%

  $7,195,094

  7%

  $6,681,159

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,208,688

  Geo Method

  $12,186,371

• Alternative Use

  Use

  Valuation

  Residential

  $8,921,917

  Hospitality

  $8,172,428

  Educational

  $6,799,364

  Medical

  $7,033,205

  Retail

  $10,576,789

Location Insight

City

Arlington

County

Tarrant

State

Texas

Latitude

32.7532

Longitude

-97.0619

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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