Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    643 Great Pkwy Grand Prairie, TX 75051

    For Sale
    $1,100,000

    6,066 SF Medical Office, Vacant, $1.1M

    Property size:
    6,066 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 6,066-square-foot medical office building presents a unique investment opportunity in Grand Prairie, Texas. Located at 643 S Great Southwest Pkwy, this single-story, Class B building boasts three units and sits on a 0.16-acre lot. Constructed in 1986, the property is ideally suited for owner-users seeking a prime location within the HD (Hospital District) zoning. This zoning allows for a wide range of uses, including medical care facilities, health service facilities, scientific or research laboratories, churches, health spas, nursing and care homes, offices, and supporting retail uses. The building is currently vacant, with an occupancy date of October 22, 2024, providing immediate potential for customization and tenant improvements. The asking price is $1,100,000, translating to $181.34 per square foot. A prominent monument sign is available, enhancing visibility and branding opportunities. The property's strategic location offers convenient access to a variety of amenities, including Asia Times Square and Hong Kong Market, Epic Waters Indoor Waterpark, and the Verizon Theatre at Grand Prairie. This presents a compelling opportunity for investors seeking a well-positioned medical office building in a thriving area. The property is approximately 1.7 miles from Asia Times Square.

    Property Features for 643 Great Pkwy

    General Information

    Property type
    Medical offices
    Square Feet
    6,066 SF
    Class
    B
    Lot Size
    6,970 SF

    Building Details

    Year Built
    1986
    Stories
    1
    Units
    3

    HighLights

    • 6,066 SF medical office building in Grand Prairie, TX, located 1.7 miles from Asia Times Square.
    • Built in 1986.
    • HD (Hospital District) zoning.
    • Ideal for owner‑users or investors.
    • Monument sign available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Map

    City
    Grand Prairie
    County
    Tarrant
    State
    Texas
    Longitude
    -97.0454506
    Latitude
    32.7341787

    Nearby Similar for Sale

    • $2,000,000
      4.66 Acres

      Grand Prairie Church Investment Opportunity

      Church property on 4.67 acres near Epic Central.
      1038 Freetown Rd, Grand Prairie, TX 75051
      View Details
    • $725,000
      0.35 Acres

      Turn-key Grand Prairie Quadruplex

      Recently remodeled fourplex with modern finishes, ideal for investment.
      306 Renfro St, Grand Prairie, TX 75051
      View Details
    • $1,000,000
      11,120 SF

      Grand Prairie Retail Opportunity

      Two adjacent properties suitable for offices, retail, or mixed-use.
      301 SE 14Th St, Grand Prairie, TX 75051
      View Details
    • $429,000
      0.23 Acres

      Retail Opportunity in Grand Prairie

      2,750 SF retail space in accessible Grand Prairie location.
      630 Dalworth St, Grand Prairie, TX 75050
      View Details
    • $310,000
      0.11 Acres

      Remodeled Duplex in Grand Prairie

      Completely remodeled duplex near highways, dining, shopping, and stadiums.
      205 NE 22Nd St, Grand Prairie, TX 75050
      View Details
    • $1,950,000
      0.48 Acres

      Grand Prairie Office with Expansion Potential

      Versatile office building with expansion potential in high-traffic location.
      5535 Lake Ridge Pkwy, Grand Prairie, TX 75052
      View Details

    FAQs

    What type of property is this?
    Medical office - 6,066 SF Medical Office, Vacant, $1.1M
    Where is this medical office located?
    The property is located at 643 Great Pkwy Grand Prairie, TX.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: 6,066 SF medical office building in Grand Prairie, TX, located 1.7 miles from Asia Times Square.; Built in 1986.; HD (Hospital District) zoning.
    Request Owner's contact information
    643 Great Pkwy Grand Prairie, TX 75051
    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.
    643 Great Pkwy
    Grand Prairie, TX 75051
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    643 Great Pkwy Grand Prairie, TX 75051
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.