Functional Office Suite with
For Sale
Contact for pricing
1055 W Pioneer Parkway, Grand Prairie, TX 75051
Professional suite with reception, private office, restroom, and kitchen storage.
Property Size2,176 SF
Days on Market51
Property Features for 1055 W Pioneer Parkway
General Information
Standard status
Active
Size
2,176 SF
Property subtype
Office
Building Details
Year Built
1988
Listing Agency:
Keller Williams Realty DPR
(972) 732-6000
Listed By:
Maria Blacit Diaz · License #0759549
Source:
Lonestarluxuryrealty
Added: Aug 30
Changed: Oct 10
Last Checked: Oct 16 at 9:33AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty DPR
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 830-square-foot office suite includes a shared waiting area, front reception desk, private office, dedicated restroom, and rear kitchen area. The layout separates client-facing functions from confidential meetings and administrative work, while built-in shelving and storage support breakroom or inventory needs.
Located at 1055 W Pioneer Parkway in Grand Prairie, the suite offers signage opportunities along a commercial corridor with easy access. The property was built in 1988 and provides a practical setting for professional office operations.
Located at 1055 W Pioneer Parkway in Grand Prairie, the suite offers signage opportunities along a commercial corridor with easy access. The property was built in 1988 and provides a practical setting for professional office operations.
Key Highlights
- 830‑square‑foot office suite
- Shared waiting area with front reception desk
- Private office for confidential meetings
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,496
Suggested Prices Based on Cap Rates
Cap Rate 5%
$549,920
$549.9K
Cap Rate 7%
$392,800
$392.8K
Cap Rate 9%
$305,511
$305.5K
Market Conditions
NOI Build-Up for 2,176 SF
Gross rent
$47.0K $21.60/SF
− Vacancy
−$10.3K −$4.75/SF
EGI
$36.7K $16.85/SF
− OpEx
−$9.2K −$4.21/SF
NOI
$27.5K $12.64/SF
Area
Grand Prairie, TX
Vacancy
22.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$549,920
Cap Rate 7%
$392,800
Cap Rate 9%
$305,511
Alternative Uses
Best Use
Office B
$392.8K
$343.7K – $458.3K
NOI $27,496 @ 7.0% cap · market cap 916,533.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$611.8K
$535.3K – $713.7K
NOI $42,824 @ 7.0% cap · market cap 1,427,466.67%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
594
Businesses Nearby
Explore this area
Business Placement
Demographics for 75051, TX
40,243
Population
14,139
Households
2.8
Avg Household Size
32
Median Age
15%
College-Educated
68%
High-School Grad
12.6 sq mi
ZIP Area
3,194
Density / Sq Mi
$53,124
Median Household Income
$34,029
Median Earnings
$1,183
Median Rent
$196,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office units - Professional suite with reception, private office, restroom, and kitchen storage.
Where is this office units located?
The property is located at 1055 W Pioneer Parkway Grand Prairie, TX.
What are key features of this property?
This property features: 830‑square‑foot office suite; Shared waiting area with front reception desk; Private office for confidential meetings
