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    5111 Magna Carta Blvd Grand Prairie, TX 75052

    For Sale
    $560,000

    1.07 Acres, $560,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 1.07-acre commercial land parcel presents a unique investment opportunity in Grand Prairie, Texas. Located at 5111 Magna Carta Blvd, zip code 75052, this property is zoned PD-114A, offering considerable development potential. The asking price is $560,000, translating to approximately $12 per acre. The land is designated for commercial use and is suitable for a variety of projects. Given its size and zoning, this property is ideal for developers seeking a strategic location within the thriving Dallas County market. The address is easily accessible, providing excellent visibility and convenient access for potential businesses. The absence of existing buildings allows for complete design flexibility, enabling the construction of a structure tailored to specific business needs. This presents a blank canvas for a new commercial venture, offering significant return on investment potential. This prime location in Grand Prairie offers easy access to major transportation routes, ensuring convenient commutes for employees and customers. The property's size and zoning regulations provide ample opportunity for a diverse range of commercial developments. Serious inquiries are encouraged to explore the full potential of this valuable asset. The property is situated in Dallas County, Texas, offering access to a robust local economy and a large potential customer base. This is a rare opportunity to acquire a sizable commercial land parcel in a desirable location.

    Property Features for 5111 Magna Carta Blvd

    General Information

    Property type
    Land
    Lot Size
    46,609 SF

    Building Details

    Buildings
    1

    HighLights

    • 1.07‑acre commercial land parcel in Grand Prairie, TX (75052), located at 5111 Magna Carta Blvd.
    • Zoned PD‑114A, allowing for diverse commercial development.
    • Asking price: $560,000 ($12/sq ft).
    • Excellent visibility and accessibility, situated near major transportation routes.
    • No existing structures; offers complete design flexibility.
    • Prime location in Dallas County, providing access to a strong local economy and large customer base.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office 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
    Grand Prairie
    County
    Dallas
    State
    Texas
    Longitude
    -97.05894
    Latitude
    32.649463

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    FAQs

    What type of property is this?
    Land - 1.07 Acres, $560,000
    Where is this land located?
    The property is located at 5111 Magna Carta Blvd Grand Prairie, TX.
    What is the asking price?
    The asking price for this property is $560,000.
    What are key features of this property?
    This property features: 1.07-acre commercial land parcel in Grand Prairie, TX (75052), located at 5111 Magna Carta Blvd.; Zoned PD-114A, allowing for diverse commercial development.; Asking price: $560,000 ($12/sq ft).
    Request Owner's contact information
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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
    5111 Magna Carta Blvd Grand Prairie, TX 75052
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