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    2578 Belt Line Rd Grand Prairie, TX 75050

    For Sale
    $4,750,000

    Prime 3.78-Acre Development Site

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 3.78-acre commercial land parcel presents a remarkable investment opportunity in Grand Prairie, Texas. Located at 2578 N Belt Line Rd, this hard corner lot boasts high visibility and accessibility due to its location on a lighted intersection of Belt Line Road and Hunter Ferrell Road. The property enjoys significant frontage on both roadways, benefiting from high and growing traffic counts. Its strategic position offers unparalleled proximity to Lone Star Park horse race track and the Verizon Theater, creating a dynamic environment ideal for a variety of commercial ventures. The permitted zoning, PD-217 (Ordinance 5661), allows for mixed-use development, opening doors to possibilities including retail, restaurants, hotels, entertainment facilities, or a combination thereof. Across Belt Line Road lies a substantial 5+ million square foot industrial development by Crow Holdings, further enhancing the area's economic vitality and potential for synergistic growth. This property's size, location, and zoning make it an exceptional opportunity for developers seeking a high-impact project in a thriving Texas market. The asking price is $4,750,000. Dallas County location and zip code 75050. Buyer is responsible for verifying all information provided.

    Property Features for 2578 Belt Line Rd

    General Information

    Property type
    Land
    Lot Size
    164,657 SF

    HighLights

    • 3.78‑acre commercial land parcel in Grand Prairie, TX.
    • High‑visibility hard corner lot at the lighted intersection of Belt Line Rd and Hunter Ferrell Rd.
    • Significant frontage on both roads with high traffic counts, near Lone Star Park and Verizon Theater.
    • PD‑217 zoning allows mixed‑use development (retail, restaurants, hotels, entertainment).
    • Adjacent to a large Crow Holdings industrial development, enhancing economic vitality.
    • Asking price: $4,750,000. Located in Dallas County, zip code 75050.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Grand Prairie
    County
    Dallas
    State
    Texas
    Longitude
    -96.994032
    Latitude
    32.777519

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    FAQs

    What type of property is this?
    Land - Prime 3.78-Acre Development Site
    Where is this land located?
    The property is located at 2578 Belt Line Rd Grand Prairie, TX.
    What is the asking price?
    The asking price for this property is $4,750,000.
    What are key features of this property?
    This property features: 3.78-acre commercial land parcel in Grand Prairie, TX.; High-visibility hard corner lot at the lighted intersection of Belt Line Rd and Hunter Ferrell Rd.; Significant frontage on both roads with high traffic counts, near Lone Star Park and Verizon Theater.
    (214) 850-8475
    Request Owner's contact information
    2578 Belt Line Rd Grand Prairie, TX 75050
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    Grand Prairie, TX 75050
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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
    2578 Belt Line Rd Grand Prairie, TX 75050
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