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    3500 William D Tate Ave Grapevine, TX 76051

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    For Sale
    $6,760,000

    Value-add opportunity with highway frontage near DFW Airport.

    Property size:
    38,724 SF
    Lot size:
    3.59 Acres

    Property Features for 3500 William D Tate Ave

    General Information

    Size
    38,724 SF
    Lot size
    3.59 Acres

    Source: STRIVE Agent Andrew Robeson

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

    Overview

    Highway Frontage Office Building

    This 38,724-square-foot office building is located directly on Highway 121, which has a traffic volume of 123,136 vehicles per day, and Highway 360, with 77,202 vehicles per day. It is situated 10 minutes from Dallas Fort Worth International Airport. The property offers a parking ratio of 5.1 spaces per 1,000 square feet. The average household income in a 3-mile radius is $142,465, with a 1% annual population growth from 2010-2023. National retailers in the area include Target, Lowe’s, Belk, HomeGoods, Marshalls, and LA Fitness. An H-E-B is expected to open in the fall of 2026. There is a value-add opportunity in leasing the remaining 4,730 square feet and converting leases to NNN.
    Insight Report Location Intelligence

    Current Use by Public Records

    Edusure Health Insurance Agency Dairy Farmers of America Dairy Farm William Dumpster Rental ... Dumpster Rental Service Fresh Start Insurance ... Insurance Agency Hands On Health Chiropractic Chiropractor

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Grapevine
    County
    Tarrant
    State
    Texas
    Longitude
    -97.1006173
    Latitude
    32.8982447

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    FAQs

    What type of property is this?
    Office building - Value-add opportunity with highway frontage near DFW Airport.
    Where is this office building located?
    The property is located at 3500 William D Tate Ave Grapevine, TX.
    What is the asking price?
    The asking price for this property is $6,760,000.
    What are key features of this property?
    This property features: - Superior frontage on Highway 121 and Highway 360 ensures quick DFW access.; - Priced well below replacement cost at $174.57 PSF.; - Value-add opportunity: lease remaining 4,730 SF and convert leases to NNN.
    (469) 844-8880
    Request Owner's contact information
    3500 William D Tate Ave Grapevine, TX 76051
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    Realmo Value Estimation

    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.

    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.

    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
    3500 William D Tate Ave Grapevine, TX 76051
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