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    1701 Cross Roads Dr Grapevine, TX 76051

    For Sale
    $1,592,544

    Prime Grapevine Restaurant Site - 66,356 SF

    Property size:
    66,356 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional redevelopment opportunity presents 66,356 square feet of vacant land, previously occupied by a restaurant, located at 1701 Crossroads Drive in Grapevine, Texas. Situated in Tarrant County, zip code 76051, this property offers significant potential for a variety of restaurant concepts or other retail uses. The expansive lot size provides ample space for a new construction project, allowing for substantial flexibility in design and layout. The asking price for this land parcel is $1,592,544. Given its prime location in Grapevine, a thriving city known for its vibrant atmosphere and strong economy, this property represents a compelling investment opportunity for those seeking to establish a successful business in a high-traffic area. The property is being offered for sale by owner, and the seller is open to cooperating with brokers. Detailed site plans and surveys are available upon request. This is a rare chance to acquire a large, well-positioned lot in a desirable Texas location, perfect for a discerning investor or developer looking to capitalize on the area's growth. The property's address is precisely 1701 Crossroads Dr, Grapevine, TX 76051, with GPS coordinates of 32.9230429 latitude and -97.0870949 longitude. This is a for-sale-by-owner listing.

    Property Features for 1701 Cross Roads Dr

    General Information

    Property type
    Restaurants
    Square Feet
    66,356 SF

    HighLights

    • 66,356 SF vacant land parcel in Grapevine, TX.
    • Located at 1701 Crossroads Drive, Grapevine, TX 76051 (Tarrant County).
    • Suitable for various restaurant or retail concepts.
    • Asking price: $1,592,544.
    • For‑sale‑by‑owner; broker cooperation welcomed.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Building Supply Spa & Massage 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
    Grapevine
    County
    Tarrant
    State
    Texas
    Longitude
    -97.0870949
    Latitude
    32.9230429

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    FAQs

    What type of property is this?
    Restaurant - Prime Grapevine Restaurant Site - 66,356 SF
    Where is this restaurant located?
    The property is located at 1701 Cross Roads Dr Grapevine, TX.
    What is the asking price?
    The asking price for this property is $1,592,544.
    What are key features of this property?
    This property features: 66,356 SF vacant land parcel in Grapevine, TX.; Located at 1701 Crossroads Drive, Grapevine, TX 76051 (Tarrant County).; Suitable for various restaurant or retail concepts.
    Request Owner's contact information
    1701 Cross Roads Dr Grapevine, TX 76051
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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
    1701 Cross Roads Dr Grapevine, TX 76051
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