Arlington Warehouse with Fenced
For Sale
Contact for pricing
3200 E Randol Mill Rd, Arlington, TX
40,000 SF warehouse on 3.20 acres with fenced storage.
Property Size40,000 SF
Lot Size3.20 Acres
Price / SF$80
Days on Market1280
Property Features for 3200 E Randol Mill Rd
General Information
Standard status
Active
Size
40,000 SF
Lot size
3.20 Acres
Property subtype
INDUSTRIAL
Listing Agency:
Transwestern | Fort Worth
(817) 259-3515
Listed By:
Joe Rudd · License #324274
(817) 259-3515
Source:
Moodyscre
Added: Feb 6, 2023
Changed: Jul 6
Last Checked: Aug 8 at 2:14PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Transwestern | Fort Worth
Investment Insights
Based on property information with market context.
This property features two buildings totaling approximately 40,000 square feet. It is situated on a 3.20-acre lot and includes fenced outside storage.
Key Highlights
- Two Buildings Totaling +/- 40,000 SF
- Located on 3.20 Acres
- Fenced Outside Storage
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$259,358
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.10%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$5,187,160
$5.2M
Cap Rate 7%
$3,705,114
$3.7M
Cap Rate 9%
$2,881,756
$2.9M
Market Conditions
NOI Build-Up for 40,000 SF
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.
Gross rent
$398.4K $9.96/SF
− Vacancy
−$27.9K −$0.70/SF
EGI
$370.5K $9.26/SF
− OpEx
−$111.2K −$2.78/SF
NOI
$259.4K $6.48/SF
Area
Arlington, TX
Vacancy
7.00%
Lease Rate
$9.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$5,187,160
Cap Rate 7%
$3,705,114
Cap Rate 9%
$2,881,756
Alternative Uses
Best Use
Warehouse
$4.50M
$3.94M – $5.25M
NOI $314,935 @ 7.0% cap · market cap 9.84%
Second Best
Industrial
$3.71M
$3.24M – $4.32M
NOI $259,358 @ 7.0% cap · market cap 8.10%
Theoretical Best
Office A
$11.79M
$10.32M – $13.76M
NOI $825,600 @ 7.0% cap · market cap 25.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
571
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Alpha Storage Center — 2918 Avenue F, Arlington, TX 76011
- 10 Federal Storage — 2920 Avenue F Ste 200, Arlington, TX 76011
Frequently Asked Questions
What type of property is this?
Warehouse - 40,000 SF warehouse on 3.20 acres with fenced storage.
Where is this warehouse located?
The property is located at 3200 E Randol Mill Rd Arlington, TX.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: Two Buildings Totaling +/- 40,000 SF; Located on 3.20 Acres; Fenced Outside Storage
