Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1701 W RANDOL MILL RD Arlington, TX 76012

    View on Map
    New
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Office suites available near Arlington Memorial Hospital and UTA.

    Type:Commercial
    Property size:
    157,797 SF
    Added:
    Apr 8, 2026
    Days on Market:
    1
    Last Refresh:
    Apr 3 at 5:00 am

    Property Features for 1701 W RANDOL MILL RD

    General Information

    Standard status
    Active
    Size
    157,797 SF
    Property subtype
    Commercial

    We can help!

    Listing Contact
    Lynn Van Amburgh

    Listing agent Lynn Van Amburgh

    Listing office The Weitzman Group | Dallas

    Listing date Apr 8, 2026

    Source Weitzmangroup

    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 The Weitzman Group | Dallas

    Overview

    Arlington Office Space for Lease

    Office spaces are available for lease in Arlington, Texas. The property is located less than 1 mile from Arlington Memorial Hospital, which has 227 beds, and offers convenient access to IH 30. Several schools are located nearby, including four elementary and two high schools within 1 mile. The University of Texas at Arlington is also in close proximity. The location benefits from a strong daytime population. Available suites include Suite 207 with 1,735 square feet, Suite 421-A with 1,362 square feet, Suite 512 with 4,415 square feet, Suite 524 with 5,258 square feet, Suite 528 with 3,340 square feet, and Suite 1118 with 1,200 square feet. Over 21,000 square feet of new leases have been signed since the 2020 remodel.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Redbox Cinema Western Union Bank Primo Water Refill ... Big Box & Wholesale Store Tom Thumb Locations in Specialty Food Shop Tom Thumb Grocery & Convenience Store

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Arlington
    County
    Tarrant
    State
    Texas
    Longitude
    -97.1330597
    Latitude
    32.7517649

    Nearby Similar for Lease

    • Contact for pricing

      Office Space Near Downtown Arlington

      Office space available in Arlington, suitable for various professional uses.
      1307 W Abram Street, Arlington, TX 76013
      View Details
    • Contact for pricing

      Office Space in Arlington, TX

      Convenient office space near downtown Arlington, suitable for various professionals.
      1307 W Abram Street, Arlington, TX 76013
      View Details
    • Contact for pricing

      Arlington Medical Office Suite

      Move-in ready medical suite near I-30 and Texas Health Hospital.
      1009 W Mitchell Street, Arlington, TX 76013
      View Details
    • Contact for pricing

      Class A Office Space Available

      Professional office space with flexible layout and included amenities.
      1300 W Randol Mill Road, Arlington, TX 76012
      View Details
    • Contact for pricing

      Office Flex Warehouse in Arlington

      Conveniently located office flex warehouse with easy freeway access.
      1018 W Main Street W, Arlington, TX 76013
      View Details
    • Contact for pricing

      Arlington Commercial Leasing Opportunity

      Prime location near Downtown Arlington, UTA, and major corridors.
      801 E Abram Street, Arlington, TX 76010
      View Details
    • Contact for pricing

      Arlington Warehouse Sublease Opportunity

      Warehouse sublease available in Arlington, TX, with owner approval.
      3430 Dalworth, Arlington, TX 76011
      View Details
    • $10/mo

      Arlington Church Campus for Lease

      Versatile church campus with rooms for lease, ideal for businesses.
      2045 SE Green Oaks Boulevard, Arlington, TX 76017
      View Details
    • Contact for pricing

      Office Space for Rent

      Office space available for lease in Arlington, Texas.
      2401 W Green Oaks Boulevard, Arlington, TX 76016
      View Details
    • Contact for pricing

      Pantego Office Space Available

      Single-story office building with updated suites and included utilities.
      3600 W Pioneer Parkway, Pantego, TX 76013
      View Details
    • Contact for pricing

      Arlington Office Space For Lease

      Professional office space available in September 2025 in Arlington, TX.
      1004 N Bowen Road, Arlington, TX 76012
      View Details
    • Contact for pricing

      Arlington Office Space Available

      Office space for medical or professional use in Arlington.
      2335 W Green Oaks Boulevard, Arlington, TX 76016
      View Details

    FAQs

    What type of property is this?
    Office units - Office suites available near Arlington Memorial Hospital and UTA.
    Where is this office units located?
    The property is located at 1701 W RANDOL MILL RD Arlington, TX.
    What are key features of this property?
    This property features: Over 21,000 SF of new leases signed since 2020 remodel; Multiple suites available: 1,735 SF, 1,362 SF, 4,415 SF, 5,258 SF, 3,340 SF, 1,200 SF; Less than 1 mile from Arlington Memorial Hospital (227 beds)
    (214) 720-6645
    We can help!
    Listing Contact
    Lynn Van Amburgh
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!