Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Grand Prairie Retail with Drive-Thru Title is generated by Realmo AI

    455 W Pioneer Parkway, Grand Prairie, TX 75051

    View on Map
    Claim this Listing
    For Sale
    $1,200,000

    SINGLE_FAMILY - Grand Prairie, TX

    Type:Retail
    Lot size:
    0.27 Acres
    Added:
    Apr 15, 2026
    Days on Market:
    49
    Last Refresh:
    Jun 2 at 11:06 pm

    Property Features for 455 W Pioneer Parkway

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Parking features
    Parking Lot
    Accessibility
    Accessible Approach with Ramp
    Standard status
    Active
    APN
    28038500500040000
    Lot size
    0.27 Acres

    Taxes and HOA fees

    Tax Description
    COUNTRY CLUB ESTATES 2 BLK 50 LT 4 ACS 0.27 V
    Tax Annual Amount
    4995

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central, Natural Gas
    Cooling system
    Central Air, Electric
    Water source
    Public

    Building Details

    Year built
    1969
    Floors in Building
    1
    Number of units
    1
    Flooring type
    Tile
    Building materials
    Brick
    Roof type
    Metal, Composition

    We can help!

    Listing Contact
    Becky Melton
    Becky Melton

    Listing agent Becky Melton License #0482041

    Listing office CENTURY 21 Judge Fite Co. Dallas, TX

    Listing date Apr 15, 2026

    MLS# 21070846

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Drive‑thru window suitable for restaurant or fast‑food business.
    • Currently leased by Subway, providing immediate income potential.
    • Roof replaced in October 2023.
    • Well‑maintained building with fresh exterior paint.
    • Brick construction.
    • Central heating and cooling systems.

    Overview

    This commercial free-standing building in Grand Prairie, Texas, features a drive-thru window. Currently leased by Subway, the property is well-maintained and suitable for a restaurant or fast-food business. The roof was replaced in October 2023, and the exterior has been freshly painted. The lot size is 0.27 acres. The property is located in Dallas County.
    Location Intelligence

    Current Use by Public Records

    Subway Take-out & Catering Estes Corp Construction Company

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Grand Prairie
    County
    Dallas
    State
    Texas
    Longitude
    -97.00891
    Latitude
    32.70919

    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

      Grand Prairie Restaurant/Bar Opportunity

      Remodeled restaurant/bar near Arlington stadiums. Business opportunity.
      2601 W Jefferson Street, Grand Prairie, TX 75051
      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
    • $1,195,000

      Grand Prairie Restaurant Opportunity

      Second-generation, fully equipped restaurant with real estate for sale.
      123 E Jefferson Street, Grand Prairie, TX 75051
      View Details
    • $3,500,000

      Grand Prairie Church Property

      Well-maintained church property in rapidly growing South Grand Prairie.
      1715 Sandalwood Drive, Grand Prairie, TX 75052
      View Details
    • $255,000

      Established Salon with Real Estate

      Turnkey beauty salon with building for sale in Grand Prairie.
      2526 Hillcrest Lane, Grand Prairie, TX 75052
      View Details
    • $429,000

      Open Retail Showroom Space

      Large, open layout offers adaptable space for retail, service, or showroom concepts with convenient freeway access nearby.
      630 Dalworth Street, Grand Prairie, TX 75050
      View Details
    • $1,900,000

      Church Property with Sanctuary

      Well-kept church facility with a spacious sanctuary, flexible classrooms and offices, plus on-site parking and outdoor space.
      501 NE 31st Street, Grand Prairie, TX 75050
      View Details
    • $484,000

      Renovated Triplex Investment

      Fully leased renovated triplex with private backyards in every unit and recent foundation repairs.
      406 Dawson Circle, Grand Prairie, TX 75051
      View Details
    • $8,070,000
      12,474 SF

      Retail Center in Grand Prairie

      Fully occupied retail center in a high-traffic location.
      3450 S State Hwy 161, Grand Prairie, TX 75052
      View Details
    • $500,000
      3,025 SF

      Corner Lot Commercial Building

      Commercial building with ample parking and highway access.
      601 NW 10th St, Grand Prairie, TX 75050
      View Details
    • $259,900

      Clean Duplex with Updated Interiors

      Turn-key duplex with separate driveways, fenced yards, and 100% occupancy supported by tenant-paid utilities.
      502 19th Street, Grand Prairie, TX 75050
      View Details

    FAQs

    What type of property is this?
    Drive through restaurant - Free-standing retail building with drive-thru, suitable for restaurant/fast-food.
    Where is this drive through restaurant located?
    The property is located at 455 W Pioneer Parkway Grand Prairie, TX.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: Drive‑thru window suitable for restaurant or fast‑food business.; Currently leased by Subway, providing immediate income potential.; Roof replaced in October 2023.
    (214) 920-9611
    We can help!
    Listing Contact
    Becky Melton
    Becky Melton
    Real Estate License ID: 0482041
    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
    455 W Pioneer Parkway, 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!