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1525 W Randol Mill Rd 0.44 Acres of Commercial Land Offered at $199,500 in Arlington, TX 76012
Investment Highlights
- Zone residential now, but the new buyer could apply for commercial, only office buildings would be supported by the neighbors
Executive Summary
1525 Randol Mill is .438 acres. It is a vacant lot and it has about 110 feet of road frontage to W. Randol Mill Rd. It is at the intersection of Fielder & W. Randol Mill Rd. For residential development, there are many large, mature oak trees providing an incredible amount of shade for those hot, sunny days. There are 2 large retail centers just west of the Fielder and Randol Mill crossroads-Fielder Plaza and Randol Mill West. There are many retailers to fit your immediate shopping needs, including a major grocer and many franchise-based food businesses.
Across the street is a small grade school, Wimbish World Language Academy. This school’s curriculum is to immerse students into a dual experience that puts them on an English-Spanish or English-French track. The lot is about ½ mile S of I-30 which allows quick access to Dallas or Ft Worth and a 25 minute drive to DFW airport. With rezoning, the neighbors would approve office buildings, no other commercial would be approved based on letter from neighbor who has disputed other requests in the past. The daily traffic count based on a 2019 traffic survey showed 13,182 cars pass by this property daily.
CURRENTLY ZONE RESIDENTIAL AND ONLY ONE HOME ALLOWED ON LOT, NO MULTIFAMILY ALLOWED
***AI voice over on drone video available on the virtual link ***
Across the street is a small grade school, Wimbish World Language Academy. This school’s curriculum is to immerse students into a dual experience that puts them on an English-Spanish or English-French track. The lot is about ½ mile S of I-30 which allows quick access to Dallas or Ft Worth and a 25 minute drive to DFW airport. With rezoning, the neighbors would approve office buildings, no other commercial would be approved based on letter from neighbor who has disputed other requests in the past. The daily traffic count based on a 2019 traffic survey showed 13,182 cars pass by this property daily.
CURRENTLY ZONE RESIDENTIAL AND ONLY ONE HOME ALLOWED ON LOT, NO MULTIFAMILY ALLOWED
***AI voice over on drone video available on the virtual link ***
Property Facts
| Price | $199,500 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 0.44 AC |
| Property Type | Land | ||
| Zoning | RES - Residential- Single Family Can Be Rezoned Commercial | ||
| Price | $199,500 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 0.44 AC |
| Zoning | RES - Residential- Single Family Can Be Rezoned Commercial |
1 Lot Available
Lot
| Price | $199,500 | Lot Size | 0.44 AC |
| Price Per AC | $453,409.09 |
| Price | $199,500 |
| Price Per AC | $453,409.09 |
| Lot Size | 0.44 AC |
Vacant 0.44 AC Lot with endless opportunities.
1 1
Moderately walkable
60/100
Exceptionally drivable
90/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 00733563 | Improvements Assessment | $0 |
| Land Assessment | $89,075 | Total Assessment | $89,075 |
Property Taxes
Parcel Number
00733563
Land Assessment
$89,075
Improvements Assessment
$0
Total Assessment
$89,075
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1525 W Randol Mill Rd
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