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    1050 State Highway 161 Grand Prairie, TX 75051

    Sponsored
    For Lease
    $8 SF/Yr

    Grand Prairie Industrial Space Available

    Lot size:
    170,100 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 170,100-square-foot warehouse, located at 1050 S. State Highway 161 in Grand Prairie, Texas, presents a significant industrial opportunity. Built in 1979 and renovated in 2005, this Class B property sits on a 7.5-acre lot and offers flexible space options, with a minimum divisible unit of 36,270 square feet and the potential to lease the entire 170,100 square feet contiguously. The building features a single story, boasting impressive ceiling heights ranging from 22'8" to 24'8", and benefits from excellent access via a 719-foot frontage. Loading and unloading are efficient with 13 dock-high doors and 13 loading docks, supplemented by 1 drive-in door and ample parking for 123 vehicles. The property's robust power supply of 4000A/480Y-277V/3Ø/4W ensures operational efficiency. Currently, the entire 170,100 square feet is vacant. Zoned for Light Industrial (LI) use, this property is ideally situated in the Great Southwest Industrial District's Lower GSW submarket, within Dallas County, and conveniently located at zip code 75051.

    Property Features for 1050 State Highway 161

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    170,100 SF
    Class
    B
    Total Rate
    116943.75

    Building Details

    Year Built/Renovated
    1979/2005
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Building
    Size
    170,100 SF
    Rate per SF
    $8

    HighLights

    • 170,100 SF freestanding warehouse divisible to 36,270 SF.
    • 10,400 SF of office space.
    • 7,925 SF of A/C drop ceiling production area.
    • Three sets of men's/women's restrooms and two unisex restrooms.
    • 75% air‑conditioned warehouse.
    • 22'8" - 24'8" clear height.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    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
    Grand Prairie
    County
    Dallas
    State
    Texas
    Longitude
    -97.020133933488
    Latitude
    32.734120723044

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    FAQs

    What type of property is this?
    Distribution property - Grand Prairie Industrial Space Available
    Where is this distribution property located?
    The property is located at 1050 State Highway 161 Grand Prairie, TX.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: 170,100 SF freestanding warehouse divisible to 36,270 SF.; 10,400 SF of office space.; 7,925 SF of A/C drop ceiling production area.
    Request Owner's contact information
    1050 State Highway 161 Grand Prairie, TX 75051
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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
    1050 State Highway 161 Grand Prairie, TX 75051
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