Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Grand Prairie Land For Sale Title is generated by Realmo AI

    3900 Robinson Road, Grand Prairie, TX 75051

    View on Map
    Claim this Listing
    For Sale
    $4,900,000

    Commercial land available near Interstate 20 and SH 161.

    Type:Lots/Land
    Added:
    Mar 4, 2024
    Days on Market:
    821
    Last Refresh:
    Apr 13 at 8:35 pm

    Property Features for 3900 Robinson Road

    General Information

    Standard status
    Active
    Property subtype
    Lots/Land

    We can help!

    Listing Contact
    Dong Wu

    Listing agent Dong Wu License #0586620

    Listing office Kevin Clare Realty LLC

    Listing date Mar 4, 2024

    Source Exitrealty

    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 Kevin Clare Realty LLC

    HighLights

    • Frontage along the future SH 161 (President George Bush Turnpike).
    • Located on NWC Robinson Road (Formerly S. Beltline) at Interstate 20.
    • Proximity to major highways: inform about 0.5 mile west of Carrier Parkway and 1.5 miles east of SH 360.
    • 12" water line coming from Robinson Road.
    • TRA 21" sewer line running through the property.
    • Located in Grand Prairie, Texas.

    Overview

    This commercial land is located at the northwest corner of Robinson Road (formerly S. Beltline) and Interstate 20 in Grand Prairie, Texas. The property is approximately 0.5 miles west of Carrier Parkway and 1.5 miles east of SH 360. It features frontage along the to-be-constructed SH 161 (President George Bush Turnpike). A 12-inch water line extends from Robinson Road, and the Trinity River Authority (TRA) has a 21-inch sewer line running through the property.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Grand Prairie
    County
    Dallas
    State
    Texas
    Longitude
    -97.019146
    Latitude
    32.6781511

    Nearby Similar for Sale

    • $900,000
      7,311 SF

      Grand Prairie Office Building Investment

      Well-located, cash-flowing office building in the heart of Grand Prairie.
      726 Dalworth Street, Grand Prairie, TX 75050
      View Details
    • $1,499,000

      Remodeled Restaurant Bar Night Club

      Turnkey remodeled venue with approved occupancy for 72 and newly paved, striped parking—ready for a new hospitality concept.
      2601 W Jefferson Street, Grand Prairie, TX 75051
      View Details
    • $995,000
      2,400 SF

      Highway 287 Industrial Land

      5.62 acres with metal building and ample parking.
      4775 Highway 287, Grand Prairie, TX 76065
      View Details
    • $500,000

      Grand Prairie Childcare Center Opportunity

      4,250 SF childcare center in a progressive DFW location.
      622 Freetown, Grand Prairie, TX 75051
      View Details
    • $1,200,000

      Grand Prairie Retail with Drive-Thru

      Free-standing retail building with drive-thru, suitable for restaurant/fast-food.
      455 W Pioneer Parkway, Grand Prairie, TX 75051
      View Details
    • $799,000

      Grand Prairie Commercial Development Site

      3.7 acre commercial land in a growing market.
      500 W Oakdale Road, Grand Prairie, TX 75050
      View Details
    • $1,195,000

      Grand Prairie Restaurant Opportunity

      Second-generation, fully equipped restaurant with real estate for sale.
      123 E Jefferson Street, Grand Prairie, TX 75051
      View Details
    • $1,275,000

      Zoned Agricultural Waterfront Development Land

      Package of two parcels with private canal frontage, utility access nearby, and zoning suitable for future commercial development.
      1150 E Seeton Road, Grand Prairie, TX 75054
      View Details
    • $3,500,000

      Flexible Worship and Education Facility

      Well-maintained church property with sanctuary, classrooms, offices, and ample parking, positioned for community and flexible program use.
      1715 Sandalwood Drive, Grand Prairie, TX 75052
      View Details
    • $2,100,000

      Development Land with Flex Office Building

      Versatile acreage with a brick building and outbuildings, suited for general commercial or light industrial uses.
      1009 W Interstate 20, Grand Prairie, TX 75052
      View Details
    • $255,000

      Turnkey Beauty Salon Storefront

      Turnkey salon setup with included furniture, equipment, and the building for immediate owner-operator or stylist use.
      2526 Hillcrest Lane, Grand Prairie, TX 75052
      View Details
    • $149,995

      Prime Commercial Land in Grand Prairie

      0.84-acre commercial land with high visibility and flexible zoning.
      901 NW 19th St, Grand Prairie, TX 75050
      View Details

    FAQs

    What type of property is this?
    Commercial land - Commercial land available near Interstate 20 and SH 161.
    Where is this commercial land located?
    The property is located at 3900 Robinson Road Grand Prairie, TX.
    What is the asking price?
    The asking price for this property is $4,900,000.
    What are key features of this property?
    This property features: Frontage along the future SH 161 (President George Bush Turnpike).; Located on NWC Robinson Road (Formerly S. Beltline) at Interstate 20.; Proximity to major highways: inform about 0.5 mile west of Carrier Parkway and 1.5 miles east of SH 360.
    (214) 300-1881
    We can help!
    Listing Contact
    Dong Wu
    Real Estate License ID: 0586620
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    3900 Robinson Road, Grand Prairie, TX 75051
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!