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
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Randol Mill Rd Arlington, TX 76012
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Randol Mill Rd Arlington, TX 76012
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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