2225 Randol Mill RdArlington, TX 76011

  • Office buildings
  • 89,902 SF
For Lease
$20/SF/YR View listing

Property Details for 2225 Randol Mill Rd

Year built
1974
Lot size
4.34 AC
Property size (Sq ft)
89,902 SF
Property type
Office buildings
APN
38675--25
APU
3867525

Description

Arlington Downs Tower offers 88,836 square feet of Class B office space in a six-story building located at 2225 E Randol Mill Rd, Arlington, TX 76011, Tarrant County. This multi-tenant property, built in 1974 and extensively renovated in 2024, features 26,247 square feet of immediately available space, divisible into units ranging from 463 to 5,445 contiguous square feet. The building boasts ample parking and elevators. Recent renovations included a new roof, updated common areas and restrooms, new windows, and exterior waterproofing. Tenants enjoy access to a conference room and a break room with food service. The property sits on a 4.33-acre lot and offers convenient access to major attractions including Six Flags over Texas, AT&T Stadium, TexasLive!, Globe Life Park, and nearby hotels. Its prime location provides easy commutes, situated just 5 minutes from DFW International Airport and within 20 minutes of both the Fort Worth and Dallas central business districts. This full-service lease opportunity presents a compelling option for businesses seeking modern, well-maintained office space in a vibrant and accessible location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $17,215,946
    6.5%
    $15,891,642
    7%
    $14,756,525
  • Comparable approach

    Method
    Valuation
    Relative Method
    $11,504,312
    Geo Method
    $26,915,760
  • Alternative Use

    Use
    Valuation
    Residential
    $19,705,636
    Hospitality
    $18,050,256
    Educational
    $15,017,602
    Medical
    $15,534,080
    Retail
    $23,360,714

Location Insight

City
Arlington
County
Tarrant
State
Texas
Latitude
32.7487
Longitude
-97.0695
CBSA code
19100
CBSA name
DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$125,774
$755,320
$4,644,680
$5,400,000
-
$755,320
$4,644,680
$5,400,000

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