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1700 New York Ave 27,355 SF Specialty Building Offered at $2,300,000 at a 4.17% Cap Rate in Arlington, TX 76010
Executive Summary
1700 New York Avenue offers a covered land play opportunity to acquire a recently renovated church campus totaling approximately 29,569 square feet across two buildings on 2.65 acres in Arlington, with $96,000 in gross annual income. Originally built in 1970, the property has undergone extensive capital improvements between 2023 and 2025. The current month-to-month lease offers near-term flexibility, allowing for potential owner-occupancy as a religious facility or repositioning for multifamily development, a private education facility, or other commercial uses. The site is located just south of Arlington’s central business district with convenient access to I-20, I-30, and SH 360, and is surrounded by established retail and neighborhood amenities.
Property Facts
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Moderately walkable
60/100
Very drivable
80/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 00073687 | Improvements Assessment | $2,459,293 |
| Land Assessment | $263,400 | Total Assessment | $2,722,693 |
Property Taxes
Parcel Number
00073687
Land Assessment
$263,400
Improvements Assessment
$2,459,293
Total Assessment
$2,722,693
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1700 New York Ave
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