Industrial Yard with Metal
4775 Highway 287 Grand Prairie, TX 76065
4775 Highway 287, Grand Prairie, TX, 76065
$995,000
For Sale
$995,000
COMMERCIAL - Grand Prairie, TX
Property Size2,400 SF
Lot Size5.62 Acres
Price / SF$414.58
Days on Market130
Property Features for 4775 Highway 287
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 236744
- Lot size
- 5.62 Acres
Taxes and HOA fees
- Tax Description
- 961 JOS STEWART 5.5811 ACRES
Utilities
- Sewer type
- Septic Tank
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Well
Building Details
- Year built
- 1980
- Floors in Building
- 1
- Number of units
- 1
- Flooring type
- Concrete
- Building materials
- MetalSiding
- Roof type
- Metal
Listing Agency
Joe Rust Company
(972) 333-4143
Waxahachie, TX
Listed by
Lance Rust · License #0511897
(972) 333-4143
Added: Mar 11 Checked: Jul 18 at 8:06 am
MLS# 21076482
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.
Investment Insights
Based on property information with market context.
This property offers an industrial yard configuration built around a metal building and substantial outdoor work area. The offering includes a 2,400 S.F. metal structure set on a 5.62-acre site, along with approximately two acres of rock-base parking or yard measuring 8 inches to 10 inches thick, designed to support heavy equipment use and outside storage or laydown needs. A water well is on site and was drilled in 2024.
The site is positioned for strong visibility along Highway 287 between Midlothian and Mansfield, with TXDOT traffic counts reported at 46,728 vehicles per day. Historical uses include a steel company and a garden center, reflecting the property’s practical fit for outdoor-focused operations. Please note the entire site is located in the floodplain or floodway.
For buyers or operators looking for space to stage materials, store equipment outdoors, or run an industrial service use that benefits from yard capacity, the rock-base improvement and yard-to-building setup are well suited. The availability of the drilled well can also be advantageous for certain on-site water needs. Prospective tenants should also factor the 100% floodplain/floodway location into their site planning and operating requirements.
The site is positioned for strong visibility along Highway 287 between Midlothian and Mansfield, with TXDOT traffic counts reported at 46,728 vehicles per day. Historical uses include a steel company and a garden center, reflecting the property’s practical fit for outdoor-focused operations. Please note the entire site is located in the floodplain or floodway.
For buyers or operators looking for space to stage materials, store equipment outdoors, or run an industrial service use that benefits from yard capacity, the rock-base improvement and yard-to-building setup are well suited. The availability of the drilled well can also be advantageous for certain on-site water needs. Prospective tenants should also factor the 100% floodplain/floodway location into their site planning and operating requirements.
Key Highlights
- 5.62‑acre property with a 2,400 SF metal building on Highway 287 between Midlothian and Mansfield
- Outside parking/yard includes roughly 2 acres of rock base with 8 to 10 inch thickness for heavy equipment
- Water well on‑site drilled in 2024; well water source available
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $36.0k | $15.00 |
| − Vacancy | −$1.3k | −$0.53 |
| EGI | $34.7k | $14.48 |
| − OpEx | −$5.2k | −$2.17 |
| NOI | $29.5k | $12.30 |
2,400 SF · lease $15.00/SF/yr · vacancy 3.50% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$421.8K
$369.1K – $492.2K
NOI $29,529 @ 7.0% cap · market cap 2.97%
Second Best
Industrial
$359.4K
$314.5K – $419.3K
NOI $25,160 @ 7.0% cap · market cap 2.53%
Theoretical Best
Office A
$674.7K
$590.4K – $787.2K
NOI $47,232 @ 7.0% cap · market cap 4.75%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Isalis
(Bike/Boat/Book/etc) Store
Party City
Party Supply Store
Skunk Funk
Big Box & Wholesale Store
Carl's Trading Co
Hat Shop
Bushka's Kitchen LLC
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - High-visibility industrial yard with a 2,400 SF metal building and rock-base area for heavy equipment laydown.
Where is this flex space located?
The property is located at 4775 Highway 287 Grand Prairie, TX.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: 5.62‑acre property with a 2,400 SF metal building on Highway 287 between Midlothian and Mansfield; Outside parking/yard includes roughly 2 acres of rock base with 8 to 10 inch thickness for heavy equipment; Water well on‑site drilled in 2024; well water source available
