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    1202 William D. Tate Ave Grapevine, TX 76051

    For Lease
    Contact for pricing

    Prime Restaurant Space, Hwy 114 Access

    Lot size:
    2,148 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional retail opportunity in Grapevine, Texas, presents 2,148 square feet of vacant space within a two-suite building at 1202 William D. Tate Ave, zip code 76051, Tarrant County. The property is ideally suited for a restaurant or similar multiple-tenant retail use. The space is divisible, offering a minimum of 868 square feet and a maximum contiguous space of 1,280 square feet, providing flexibility for various business needs. The building's location benefits from its proximity to the high-traffic intersection of William D. Tate Avenue and Highway 114, a major thoroughfare experiencing increased traffic volume due to the recently completed Highway 114 Connector. This strategic location places the property conveniently northwest of the Dallas/Fort Worth International Airport, ensuring high visibility and accessibility for potential customers. The property offers a second-generation retail space, presenting a ready-to-occupy environment for immediate business operations. This presents a unique chance to establish a presence in a thriving Grapevine commercial area. The property is categorized as retail, specifically for restaurant use, and is available in its entirety.

    Property Features for 1202 William D. Tate Ave

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,148 SF

    Unit(s) available at that property

    Space
    Combiined
    Size
    2,148 SF
    Space
    Available space
    Size
    1,280 SF
    Space
    Available space
    Size
    868 SF

    HighLights

    • 2,148 SF retail space available in Grapevine, TX (76051).
    • Divisible space: 868 SF minimum, 1,280 SF maximum contiguous.
    • High‑traffic location at William D. Tate Ave & Hwy 114, near DFW Airport.
    • Second‑generation retail space, ready for immediate occupancy.
    • Ideal for restaurant or similar multi‑tenant retail use.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Grapevine
    County
    Tarrant
    State
    Texas
    Longitude
    -97.086143
    Latitude
    32.9286329

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    FAQs

    What type of property is this?
    Restaurant - Prime Restaurant Space, Hwy 114 Access
    Where is this restaurant located?
    The property is located at 1202 William D. Tate Ave Grapevine, TX.
    What are key features of this property?
    This property features: 2,148 SF retail space available in Grapevine, TX (76051).; Divisible space: 868 SF minimum, 1,280 SF maximum contiguous.; High-traffic location at William D. Tate Ave & Hwy 114, near DFW Airport.
    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
    1202 William D. Tate Ave Grapevine, TX 76051
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