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Property profile & analytics
FOR SALE
Office buildings

2101 E Randol Mill Rd Arlington, TX 76011

6,336 SF 0.73 ac lot Built 1996
Entity Owned 6-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US83-0545035
Property summary
AI-generated overview

This exceptional commercial property presents a rare investment opportunity in Arlington's vibrant entertainment district. Situated on a sizable 0.73-acre corner lot at 2101 E Randol Mill Road, this 6,336 square foot brick office building boasts significant income generation potential. Its strategic location offers unparalleled proximity to major attractions, including Globe Life Field, AT&T Stadium, and Choctaw Stadium, ensuring consistent revenue streams from office leases and event-related parking. The property benefits from high traffic volume due to its proximity to these venues, attracting tenants seeking convenient access to these popular destinations. The robust income is further enhanced by the influx of visitors attending various events such as Texas Rangers and Dallas Cowboys games, as well as large-scale events like the FIFA World Cup Soccer and INDYCAR Grand Prix scheduled for 2026. Beyond the stadiums, the property enjoys convenient access to other significant landmarks, including Six Flags Texas, Hurricane Harbor, Texas Live!, the Arlington Convention Center, the Lowes Hotel, and the National Medal of Honor Museum. This prime location ensures high visibility and strong tenant demand, making this a truly exceptional investment opportunity in a rapidly growing area. The building itself is a well-maintained brick structure offering ample office space. This property offers a unique blend of location, income generation, and future growth potential.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1996
Total area 6,336 SF
Lot 0.73 ac (31,842 SF)
APN 38675--54R1
UPID US83-0545035
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
  • United Covid - Arlington Medical Laboratory
Value estimations
Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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by Request
Owner & transaction history
602 Magic Mile LLC · 6 yrs held
602 Magic Mile LLC
since 2019
3 recorded transactions
2019
Price N/A
2019
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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