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
    The Largest CRE Database in the US with Over 1 Million Listings

    905 Belt Line Rd Grand Prairie, TX 75050

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $4,000,000

    14.59 Acres, Prime Grand Prairie Location

    Property Features for 905 Belt Line Rd

    General Information

    Property type
    Land
    Lot Size
    635,540 SF

    We can help!

    Listing Contact
    Michael Berkowitz
    Michael Berkowitz

    Listing Agency: Colonial Commercial Real Estate LLC Listing Agent: Michael Berkowitz

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

    Learn more

    Property Insight Report

    Overview

    This exceptional 14.59-acre commercial land parcel presents a unique investment opportunity in Grand Prairie, Texas. Located at 905 N Belt Line Rd, (APN 65137750510030000), this property boasts a prime location at the southwest corner of Belt Line Road and Interstate 30, offering unparalleled access and visibility. Zoned for commercial use, the land is ideal for a variety of developments, including hotels, retail spaces, office buildings, or pad sites. The asking price is $4,000,000, translating to $274,160 per acre. Benefitting from a newly constructed (2015) access road, this property provides excellent ingress and egress, creating desirable hard corners. Its elevated position offers scenic views overlooking I-30. The location is highly advantageous, with close proximity to major attractions such as the Lone Star Park horse racing track, a wax museum, Six Flags Over Texas, AT&T Stadium (Cowboys Stadium), and Globe Life Field (Rangers Stadium). This is a rare opportunity to acquire a large tract of land in a thriving area with significant development potential. The property's strategic location and accessibility make it an exceptional investment for discerning buyers seeking high-impact commercial development.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Popeyes Louisiana Kitchen Restaurant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Grand Prairie
    County
    Dallas
    State
    Texas
    Longitude
    -96.9953999
    Latitude
    32.7569167

    Nearby Similar for Sale

    • $800,000
      11,120 SF

      Grand Prairie Retail Opportunity

      Two adjacent commercial properties suitable for various business uses.
      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
    • $290,000
      0.11 Acres

      Remodeled Duplex Near Stadiums

      Completely remodeled duplex near dining, shopping, and entertainment venues.
      205 NE 22Nd St, Grand Prairie, TX 75050
      View Details
    • $1,799,000
      0.41 Acres

      Grand Prairie Retail/Restaurant Opportunity

      Restaurant/Bar/Night Club opportunity near Arlington stadiums. Remodeled with ample parking.
      2601 W Jefferson St, Grand Prairie, TX 75051
      View Details
    • $500,000
      0.51 Acres

      Grand Prairie Childcare Center Opportunity

      4,250 SF childcare center in a progressive DFW location.
      622 Freetown Rd, Grand Prairie, TX 75051
      View Details
    • $985,000
      0.55 Acres

      Grand Prairie Office Building For Sale

      Well-located, cash-flowing office building in the heart of Grand Prairie.
      726 Dalworth St, Grand Prairie, TX 75050
      View Details
    • $1,200,000
      1,375 SF

      Grand Prairie Townhomes on Large Lot

      Value-add multifamily opportunity near major employers and Interstate 30.
      2401 Doreen St, Grand Prairie, TX 75050
      View Details
    • $1,600,000
      1.23 Acres

      Grand Prairie Warehouse Redevelopment Opportunity

      Redevelopment opportunity with access on E. Main Street and N Bagdad.
      2336 E Main St, Grand Prairie, TX 75050
      View Details
    • $1,200,000
      0.27 Acres

      Grand Prairie Retail with Drive-Thru

      Free-standing retail building with drive-thru, suitable for restaurant/fast-food.
      455 W Pioneer Pkwy, Grand Prairie, TX 75051
      View Details
    • $1,700,000
      14,493 SF

      Grand Prairie Office Investment Opportunity

      High-occupancy office building with strong cash flow potential.
      200 North Carrier Pkwy, Grand Prairie, TX 75050
      View Details
    • $200,000
      1,568 SF

      Updated Condo with Flexible Layout

      Updated condo with two living areas, community amenities, and prime location.
      578 E Avenue J, Grand Prairie, TX 75050
      View Details
    • Contact for pricing
      48,600 SF

      Grand Prairie Industrial Distribution Space

      16,200 SF industrial space with docks and offices.
      3007 Red Hawk Dr, Grand Prairie, TX 75052
      View Details

    FAQs

    What type of property is this?
    Land - 14.59 Acres, Prime Grand Prairie Location
    Where is this land located?
    The property is located at 905 Belt Line Rd Grand Prairie, TX.
    What is the asking price?
    The asking price for this property is $4,000,000.
    What are key features of this property?
    This property features: Exceptional location.; Prime development land parcels available.; Convenient proximity to Verizon Theater, Lone Star Race Track, and a wax museum.
    (817) 632-6200
    Request Owner's contact information
    905 Belt Line Rd Grand Prairie, TX 75050
    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.
    905 Belt Line Rd
    Grand Prairie, TX 75050
    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
    905 Belt Line Rd Grand Prairie, TX 75050
    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

    We can help!
    Listing Contact
    Michael Berkowitz
    Michael Berkowitz
    (817) 632-6200 (817) 366-1880
    Learn more
    Google sign-in failed. Please try again or use another login method.