Commercial Land with Existing
New
For Sale
$450,000
917 E Fishcreek Road, Grand Prairie, TX 75052
PD-18 zoning supports redevelopment concepts, subject to required site plan approval.
Property Size1,325 SF
Price / SF$339.62
Days on Market5
Property Features for 917 E Fishcreek Road
General Information
Standard status
Active
Size
1,325 SF
Property subtype
Commercial
Zoning
PD-18
Building Details
Building Size
1,325 SF
Year Built
1964
Stories
1
Units
1
Listing Agency:
BOURQUIN REALTY
Listed By:
David Bourquin · License #0596715
(940) 329-5070
Source:
Bourquinrealty
Added: Oct 19
Changed: Oct 23
Last Checked: Oct 22 at 2:38PM
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 BOURQUIN REALTY
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Investment Insights
Based on property information with market context.
This commercial land parcel contains approximately 1.00 acre, or 43,412 square feet, with gently sloping terrain and mature trees. An existing 1,325-square-foot, three-bedroom, two-bath residence was built in 1964; the property is vacant. Current services include a private well, an aerobic septic system, and electric service from Oncor. The City of Grand Prairie requires site plan approval through its Planning and Zoning Commission and City Council.
The property is near I-20 and S Belt Line Road. An apartment complex abuts the site, another apartment community backs to the parcel from I-20, and a housing subdivision is across the street. Harmony School of Innovation K-5 is a few parcels away.
Retail, office, multifamily, car wash, convenience store, service business, medical, wholesale, and mixed-use concepts are identified for consideration under the PD-18 designation, subject to required approvals. City water and sewer connection should be verified by the buyer.
The property is near I-20 and S Belt Line Road. An apartment complex abuts the site, another apartment community backs to the parcel from I-20, and a housing subdivision is across the street. Harmony School of Innovation K-5 is a few parcels away.
Retail, office, multifamily, car wash, convenience store, service business, medical, wholesale, and mixed-use concepts are identified for consideration under the PD-18 designation, subject to required approvals. City water and sewer connection should be verified by the buyer.
Key Highlights
- Approximately 1.00 acre; 43,412 SF lot
- Zoned PD‑18; site plan approval required through the City of Grand Prairie Planning and Zoning Commission and City Council
- Near I‑20 and S Belt Line Road
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,888
Cap Rate
3.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$357,760
$357.8K
Cap Rate 7%
$255,543
$255.5K
Cap Rate 9%
$198,756
$198.8K
Market Conditions
NOI Build-Up for 1,325 SF
Gross rent
$31.8K $24.00/SF
− Vacancy
−$3.2K −$2.40/SF
EGI
$28.6K $21.60/SF
− OpEx
−$10.7K −$8.10/SF
NOI
$17.9K $13.50/SF
Area
Grand Prairie, TX
Vacancy
10.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$357,760
Cap Rate 7%
$255,543
Cap Rate 9%
$198,756
Alternative Uses
Best Use
Mixed Use
$255.5K
$223.6K – $298.1K
NOI $17,888 @ 7.0% cap · market cap 3.98%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$372.5K
$326.0K – $434.6K
NOI $26,076 @ 7.0% cap · market cap 5.79%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
132
Businesses Nearby
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Business Placement
Demographics for 75052, TX
96,225
Population
33,386
Households
2.9
Avg Household Size
35
Median Age
33%
College-Educated
87%
High-School Grad
26.4 sq mi
ZIP Area
3,645
Density / Sq Mi
$87,320
Median Household Income
$48,619
Median Earnings
$1,680
Median Rent
$282,100
Median Home Value
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Frequently Asked Questions
What type of property is this?
Commercial land - PD-18 zoning supports redevelopment concepts, subject to required site plan approval.
Where is this commercial land located?
The property is located at 917 E Fishcreek Road Grand Prairie, TX.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Approximately 1.00 acre; 43,412 SF lot; Zoned PD‑18; site plan approval required through the City of Grand Prairie Planning and Zoning Commission and City Council; Near I‑20 and S Belt Line Road
