Corner Lot Office Building with
2101 E Randol Mill Road Arlington, TX 76011
2101 E Randol Mill Road, Arlington, TX, 76011
$2,900,000
For Sale
$2,900,000
SINGLE_FAMILY - Arlington, TX
Property Size6,336 SF
Lot Size0.73 Acres
Price / SF$457.70
Days on Market65
Property Features for 2101 E Randol Mill Road
General Information
- Property type
- Residential
- Property subtype
- Office
- Parking features
- Parking Lot
- Standard status
- Active
- APN
- 42138408
- Lot size
- 0.73 Acres
Taxes and HOA fees
- Tax Description
- SIX FLAGS BUSINESS PARK ADDN LOT 54R1
- Tax Annual Amount
- 18094
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1996
- Floors in Building
- 1
- Number of units
- 27
- Flooring type
- Carpet, Combination, Tile
- Building materials
- Brick, Concrete
- Roof type
- Composition
Listing agency
IAM Realty Group
(469) 765-7777
Listed by
Brad Roberts · License #0599307
(469) 245-7987
Added: May 18 Updated: Jul 10 at 12:35PM Checked: Jul 21 at 11:06AM
MLS# 20792547
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This corner-lot property includes a 6,336-square-foot brick office building plus parking used to generate income. Revenue is described as coming from existing office lease revenue and parking associated with major events.
The site is positioned in the Arlington Entertainment District near Globe Life Field and AT&T Stadium, with proximity also noted to Choctaw Stadium. The parking usage is specifically tied to Texas Rangers and Dallas Cowboys games, along with special events scheduled at the nearby venues, including FIFA World Cup Soccer and the INDYCAR Grand Prix in 2026.
Also highlighted are nearby attractions and destinations including Six Flags Texas, Hurricane Harbor, Texas Live, the Arlington Convention Center, Lowes Hotel, and the National Medal of Honor Museum. The lot size is listed as 0.731 acres.
The site is positioned in the Arlington Entertainment District near Globe Life Field and AT&T Stadium, with proximity also noted to Choctaw Stadium. The parking usage is specifically tied to Texas Rangers and Dallas Cowboys games, along with special events scheduled at the nearby venues, including FIFA World Cup Soccer and the INDYCAR Grand Prix in 2026.
Also highlighted are nearby attractions and destinations including Six Flags Texas, Hurricane Harbor, Texas Live, the Arlington Convention Center, Lowes Hotel, and the National Medal of Honor Museum. The lot size is listed as 0.731 acres.
Key Highlights
- Corner lot commercial property in the Arlington Entertainment District
- Brick office building totaling 6,336 SF built in 1996
- 0.731‑acre lot with public water and public sewer service
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $152.1k | $24.00 |
| − Vacancy | −$21.3k | −$3.36 |
| EGI | $130.8k | $20.64 |
| − OpEx | −$32.7k | −$5.16 |
| NOI | $98.1k | $15.48 |
6,336 SF · lease $24.00/SF/yr · vacancy 14.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.40M
$1.23M – $1.63M
NOI $98,081 @ 7.0% cap · market cap 3.38%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.87M
$1.63M – $2.18M
NOI $130,775 @ 7.0% cap · market cap 4.51%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
United Covid - Arlington
Medical Laboratory
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Brick office building on a corner lot with on-site parking generating event-related revenue.
Where is this office building located?
The property is located at 2101 E Randol Mill Road Arlington, TX.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: Corner lot commercial property in the Arlington Entertainment District; Brick office building totaling 6,336 SF built in 1996; 0.731‑acre lot with public water and public sewer service
