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Property profile & analytics
OFF-MARKET Estimated value $1,960,000
Warehouses

2012 Randol Ml Rd Arlington, TX 76011-8294

157,415 SF 10.19 ac lot Built 1973
Entity Owned 26-yr Hold Free & Clear
Property ID
US82-3268700
Property summary
AI-generated overview

This exceptional 544-square-foot office space is located in the vibrant North Arlington Entertainment District, just one block from Globe Life Field, Choctaw Stadium, and Texas Live!. Situated within the Westgate Plaza Business Park, this Class A office boasts modern finishes and energy-efficient features resulting from over $2,000,000 in recent renovations (completed in 2021). The space features high-end prefinished metal frames with solid core birch doors, 2' x 2' reveal edge high-end acoustic ceiling tiles, LED motion-activated lighting, modern carpet tiles and wood plank flooring, and sleek light filtering roller shades covering floor-to-ceiling windows. The breakroom includes soft-close cabinetry, quartz countertops, under-mount stainless steel sinks, and Delta faucets. The building itself is a single-story structure within a six-building complex on a 10.19-acre lot, offering ample surface parking (500 spaces total) and easy access. The entire Westgate Plaza Business Park features beautifully landscaped grounds with mature live oak trees, creating a park-like atmosphere. The building benefits from a 12-foot ceiling height and is part of a larger complex with multiple tenancy options. The property is zoned REAL COMMERCIAL (F1) in Tarrant County, Texas, and offers convenient access to major highways, making it ideal for businesses serving the Dallas-Fort Worth Metroplex. The location provides easy access to the Dallas-Fort Worth International Airport (approximately 15 minutes away) and is equidistant from both Dallas and Fort Worth (approximately 15 miles each). The building features 208/230 Volt 3-phase power. Minimum divisible space is 544 square feet, with a total building square footage of 17,275. The property was built in 1976 and extensively renovated in 2021.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1973
Total area 157,415 SF
Lot 10.19 ac (443,920 SF)
APN 38675-2-A
UPID US82-3268700
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • JW Management Property Management Company Industrial Real Estate Agency
  • Keen Painting and Renovations Painting Service General Contractor
  • American Meridian, LLC Land Surveyor
  • FedEx Drop Box Postal Service Courier Service
  • CPR Connection LLC First Aid Station
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.96M
Owner & transaction history
W G PLAZA
W G PLAZA
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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