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    1051 Marshall Dr Grand Prairie, TX 75051

    For Sale
    $1,250,000

    Prime 7.35-acre commercial lot in Grand Prairie, TX.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 7.35-acre commercial land parcel presents a unique investment opportunity in the thriving city of Grand Prairie, Texas. Strategically located at 1051 W Marshall Dr, 75051, this property sits at the intersection of Marshall and Robinson, offering unparalleled visibility and accessibility. The land is zoned for commercial use, providing flexibility for a wide range of development possibilities. Its prime location boasts proximity to major transportation arteries, including Interstate 30 and Interstate 20, ensuring convenient access for businesses and employees. Furthermore, the property benefits from its close proximity to numerous amenities, including city parks, the Grand Prairie Municipal Airport, and Mountain Creek Lake, catering to a diverse population base. Within a two-mile radius, a dense residential area provides a substantial customer base. The surrounding area is experiencing significant commercial growth, with major retailers such as Walmart already established nearby. Adding to its appeal, the property shares its intersection with the Grand Prairie Fire Department and Service Center, providing a sense of security and community presence. This exceptional location and zoning make this 7.35-acre tract an ideal site for a variety of commercial ventures, presenting a compelling opportunity for significant return on investment. The asking price is $1,250,000.

    Property Features for 1051 Marshall Dr

    General Information

    Property type
    Land
    Lot Size
    320,166 SF

    HighLights

    • Excellent IH‑30 & IH‑20 access.
    • Near city parks, Grand Prairie Airport, Mountain Creek Lake, and strong residential demographics.
    • Adjacent to new commercial development and major retailers, including Walmart.
    • Co‑located with Grand Prairie Fire Department and Service Center.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Grand Prairie
    County
    Dallas
    State
    Texas
    Longitude
    -97.019181333839
    Latitude
    32.720976521637

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    FAQs

    What type of property is this?
    Land - Prime 7.35-acre commercial lot in Grand Prairie, TX.
    Where is this land located?
    The property is located at 1051 Marshall Dr Grand Prairie, TX.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: Excellent IH-30 & IH-20 access.; Near city parks, Grand Prairie Airport, Mountain Creek Lake, and strong residential demographics.; Adjacent to new commercial development and major retailers, including Walmart.
    Request Owner's contact information
    1051 Marshall Dr Grand Prairie, TX 75051
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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
    1051 Marshall Dr Grand Prairie, TX 75051
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