Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    I-30 MacArthur Corner Land Title is generated by Realmo AI

    905 MacArthur Blvd, Grand Prairie, TX 75050

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    8.5 acres of PD approved land for sale.

    Type:Land, Retail
    Lot size:
    8.50 Acres
    Added:
    Sep 23, 2024
    Days on Market:
    620
    Last Refresh:
    May 12 at 10:51 pm

    Property Features for 905 MacArthur Blvd

    General Information

    Standard status
    Active
    Lot size
    8.50 Acres
    Property subtype
    Land, Retail

    Building Details

    Year Built
    2025

    We can help!

    Listing Contact
    David Gloria

    Listing agent David Gloria License #TX0257740

    Listing office Ebby Halliday Realtors Allen

    Listing date Sep 23, 2024

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Ebby Halliday Realtors Allen

    HighLights

    • High‑traffic corner location at I‑30 and MacArthur with road frontage on all 4 sides and 2 signalized intersections.
    • ±8.5 Acres PD Approved for diverse uses: Restaurants, Quick Serve Restaurant, Retail, Grocery, etc.
    • Strong location with very limited competition in the immediate area.
    • Conceptual site plan is adjustable; pads can be relocated and resized to meet user needs.
    • Proximity to Lone Star Park Horse Race Track, Texas Trust CU Theater, and Major League Cricket Stadium.
    • Underserved area with high demand for food, groceries, shopping, and gas due to surrounding office, warehouse, and residential developments.

    Overview

    This property features approximately 8.5 acres of PD approved land situated at the southwest hard corner of I-30 and MacArthur Boulevard. The location offers road frontage on all four sides and benefits from two signalized intersections. The property is suitable for various uses, including restaurants, quick-service restaurants, retail, and grocery stores. A conceptual site plan is available and can be adjusted to meet specific user needs, with the flexibility to relocate and resize pads. The area experiences high traffic counts and has a significant number of rooftops. The property is located one exit away from Lone Star Park Horse Race Track, Texas Trust CU Theater, and a Major League Cricket Stadium. Additionally, the TXDoT Drivers License office is nearby. The surrounding area, characterized by several million square feet of office and warehouse space along with residential housing, currently lacks immediate access to food, groceries, shopping, and gas stations, presenting an exceptional opportunity for businesses.
    Property Profile Location Intelligence

    Current Use by Public Records

    National Semi Trailer Car Dealership DLI Employment Agency Grand Prairie Forklift ... Freight Service

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Grand Prairie
    County
    Dallas
    State
    Texas
    Longitude
    -96.961924
    Latitude
    32.760971

    Nearby Similar for Sale

    • $900,000

      Well-Maintained Office Building with Parking

      Cash-flowing, mostly leased office building with multiple suites and ample rear parking for tenants and visitors.
      726 Dalworth Street, Grand Prairie, TX 75050
      View Details
    • $1,499,000

      Remodeled Restaurant Bar Night Club

      Turnkey remodeled venue with approved occupancy for 72 and newly paved, striped parking—ready for a new hospitality concept.
      2601 W Jefferson Street, Grand Prairie, TX 75051
      View Details
    • $1,200,000

      Freestanding Drive-Thru Restaurant Building

      A well-maintained free-standing restaurant building with a drive-thru window, currently leased, and recently updated exterior and roof.
      455 W Pioneer Parkway, Grand Prairie, TX 75051
      View Details
    • $1,195,000

      Turnkey Second-Generation Restaurant

      Fully equipped, turnkey restaurant and real estate with second-generation operations and 12+ years of profitability.
      123 E Jefferson Street, Grand Prairie, TX 75051
      View Details
    • $500,000

      Licensed Child Care Center

      Well-equipped childcare facility with licensed capacity and a functional commercial kitchen, offering flexible space for community uses.
      622 Freetown, Grand Prairie, TX 75051
      View Details
    • $799,000

      Commercial Development Land Opportunity

      3.7-acre site near SH 161 with multiple access points and option to assemble adjacent parcel for expansion.
      500 W Oakdale Road, Grand Prairie, TX 75050
      View Details
    • $995,000

      Industrial Yard with Metal Building

      High-visibility industrial yard with a 2,400 SF metal building and rock-base area for heavy equipment laydown.
      4775 Highway 287, Grand Prairie, TX 76065
      View Details
    • $1,275,000

      Zoned Agricultural Waterfront Development Land

      Package of two parcels with private canal frontage, utility access nearby, and zoning suitable for future commercial development.
      1150 E Seeton Road, Grand Prairie, TX 75054
      View Details
    • $3,500,000

      Flexible Worship and Education Facility

      Well-maintained church property with sanctuary, classrooms, offices, and ample parking, positioned for community and flexible program use.
      1715 Sandalwood Drive, Grand Prairie, TX 75052
      View Details
    • $2,100,000

      Development Land with Flex Office Building

      Versatile acreage with a brick building and outbuildings, suited for general commercial or light industrial uses.
      1009 W Interstate 20, Grand Prairie, TX 75052
      View Details
    • $255,000

      Turnkey Beauty Salon Storefront

      Turnkey salon setup with included furniture, equipment, and the building for immediate owner-operator or stylist use.
      2526 Hillcrest Lane, Grand Prairie, TX 75052
      View Details
    • $149,995

      Prime Commercial Land in Grand Prairie

      0.84-acre commercial land with high visibility and flexible zoning.
      901 NW 19th St, Grand Prairie, TX 75050
      View Details

    FAQs

    What type of property is this?
    Commercial land - 8.5 acres of PD approved land for sale.
    Where is this commercial land located?
    The property is located at 905 MacArthur Blvd Grand Prairie, TX.
    What are key features of this property?
    This property features: High‑traffic corner location at I‑30 and MacArthur with road frontage on all 4 sides and 2 signalized intersections.; **±8.5 Acres PD Approved for diverse uses**: Restaurants, Quick Serve Restaurant, Retail, Grocery, etc.; Strong location with very limited competition in the immediate area.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    David Gloria
    Real Estate License ID: TX0257740
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    905 MacArthur Blvd, Grand Prairie, TX 75050
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!