1204 Randol Mill RdArlington, TX 76012

  • Commercial land
  • 0.82 AC
For Sale
$250,000 View listing

Property Details for 1204 Randol Mill Rd

Lot size
0.82 AC
Property type
Commercial land
APN
9140--2G
APU
91402G

Description

This exceptional 0.82-acre commercial land parcel, located at 1204 W Randol Mill Rd, Arlington, TX 76012, presents a unique investment opportunity. Zoned OC (Office Commercial), this property allows for the development of high-quality office spaces and select retail uses. Its strategic location near AT&T Stadium in a vibrant commercial district ensures high visibility and significant foot traffic, particularly during major events. The property benefits from excellent accessibility to major roads and highways, enhancing its appeal to businesses and customers. Arlington's robust real estate market offers strong potential for appreciation, making this a timely investment. The flexible OC zoning allows for diverse development options, catering to current market demands and future growth. This location offers the chance to capitalize on the high volume of traffic generated by stadium events. The lot is ready for development, offering an opportunity to create a bustling commercial hub in a dynamic area. The property's APN is 41677749. The asking price is $250,000. Proximity to major transportation arteries and only 20 minutes from downtown Fort Worth further enhances its desirability.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $14,331,400
    Retail / Commercial
    $7,309,840
    Mixed-Use / Specialty
    $7,252,880
    Hospitality / Lodging
    $5,280,970
    Office
    $7,177,610
    Institutional / Educational
    $7,529,030
    Residential Income
    $8,808,960
    Multifamily
    $10,736,300
    Automotive / Energy
    $6,453,450
    Parking / Income-Based Land
    $2,257,540
    Restaurant / Food Service
    $3,706,330
    Healthcare / Senior Housing
    $7,469,380

Location Insight

City
Arlington
County
Tarrant
State
Texas
Latitude
32.7497
Longitude
-97.124
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
$3,953
$179,150
-
$179,150
-
$179,150
-
$179,150

FAQs

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