1106 Randol Ml Rd Arlington, TX 76012-6506
This exceptional 8,000 square foot office building in Arlington, Texas, presents a unique investment opportunity. Situated on a 0.85-acre lot with approximately 250 feet of Randol Mill Road frontage, this property boasts high visibility and excellent accessibility. The building is currently configured as a duplex, offering four individual suites, each with its own electric meter. Two tenants occupy the space until April 2025, providing immediate income potential. One tenant is open to early termination, offering flexibility for an owner-occupier. The steel-frame construction ensures durability, while abundant windows throughout the building maximize natural light. The property includes a substantial 53-space parking lot, a significant advantage in this location. Both sides of the building have undergone recent, complete renovations, ensuring modern aesthetics and functionality. The building's design allows for conversion back to a fourplex, providing further versatility and potential for increased rental income. This property is ideal for an owner-user seeking to occupy a portion of the space while generating income from the remaining suites. The combination of high visibility, ample parking, recent renovations, and flexible configuration makes this an attractive investment opportunity in a thriving Arlington location.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.