Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    106-160 N Main St Grapevine, TX 76051

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail space with high residential density and highway frontage.

    Property size:
    2,983 SF
    Lot size:
    1.38 Acres

    Property Features for 106-160 N Main St

    General Information

    Size
    2,983 SF
    Lot size
    1.38 Acres

    We can help!

    Listing Contact
    Michael Gonzalez
    Michael Gonzalez
    Source: Moodyscre

    Listing Agent: Michael Gonzalez

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Retail Space Near Northwest Highway

    This retail space offers frontage on Northwest Highway and is located in an area with high residential density. The property is situated a 5-minute drive from DFW Airport, Gaylord Hotel, and Great Wolf Lodge. Additionally, it is located 6 blocks from the Grapevine Texrail Station. The property has a size of 2983 square feet.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Grapevine
    County
    Tarrant
    State
    Texas
    Longitude
    -97.0786683
    Latitude
    32.9406821

    Nearby Similar for Lease

    • $2,000 /Mo
      21,780 SF

      Spacious Office Near Downtown Grapevine

      Two-room office space near downtown Grapevine, perfect for growing business.
      1000 S Main St, Grapevine, TX 76051
      View Details
    • New
      $5,000 /Mo
      20,735 SF

      Grapevine Industrial Building with Bays

      Metal building with bay doors, suitable for contractor or auto storage.
      701 E Dallas Rd, Grapevine, TX 76051
      View Details
    • $1,725 /Mo
      130,549 SF

      Furnished Office Space in Grapevine

      Fully-furnished office space with amenities in Grapevine, Texas.
      1785 State Highway 26, Grapevine, TX 76051
      View Details
    • $675 /Mo
      130,549 SF

      Furnished Office Space in Grapevine

      Fully-furnished office space with amenities in a convenient Grapevine location.
      1785 State Highway 26, Grapevine, TX 76051
      View Details
    • $3,450 /Mo
      130,549 SF

      Furnished Office Space in Grapevine

      Fully-furnished office space with amenities in Grapevine, Texas.
      1785 State Highway 26, Grapevine, TX 76051
      View Details
    • $33,641
      1,641 SF

      Retail Space in Grapevine, TX

      Retail space for lease in dynamic Northeast Tarrant County.
      330 W Northwest Hwy, Grapevine, TX 76051
      View Details
    • New
      $2,000 /Mo
      13,068 SF

      Office Space with Bills Paid

      Suburban office space for lease with all bills paid.
      1001 Northwest Hwy Pkwy, Grapevine, TX 76051
      View Details
    • Contact for pricing
      9,925 SF

      Premier Property in Grapevine, Texas

      Exceptional property with modern design, versatile floor plans, and state-of-the-art amenities.
      919 East Northwest Hwy, Grapevine, TX 76051
      View Details
    • Contact for pricing
      3,000 SF

      Prime Retail Space in Grapevine

      Exceptional 8,740 SF retail space with high visibility.
      833 East Northwest Hwy, Grapevine, TX 76051
      View Details
    • Contact for pricing
      5,153 SF

      Versatile Space in Prime Location

      Premier property in Grapevine, TX, with modern amenities and high visibility.
      845 E Northwest Hwy, Grapevine, TX 76051
      View Details
    • Contact for pricing
      26,062 SF

      Two-Story Office Building For Lease

      26,062 SF office building with flexible floor plans.
      1940 Enchanted Way, Grapevine, TX 76051
      View Details
    • $21 SF/Yr
      18,623 SF

      DFW Airport Office Space

      Office space in DFW Airport with free parking.
      2200-2222 S Service Rd, Grapevine, TX
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail space with high residential density and highway frontage.
    Where is this retail space located?
    The property is located at 106-160 N Main St Grapevine, TX.
    What are key features of this property?
    This property features: - 5 min drive to DFW Airport; - Northwest Highway frontage; - High residential density
    (214) 373-8300
    Request Owner's contact information
    106-160 N Main St Grapevine, TX 76051
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    106-160 N Main St
    Grapevine, TX 76051
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    106-160 N Main St Grapevine, TX 76051
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Michael Gonzalez
    Michael Gonzalez
    (214) 373-8300
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.