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    643 Great Pkwy Grand Prairie, TX 75051

    For Lease
    $15 SF/Yr ($7,582 /Mo)

    6,066 SF Medical Office, 3 Units Available

    Lot size:
    6,066 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 6,066-square-foot medical office building in Grand Prairie, Texas, presents a unique investment opportunity. Built in 1986, the single-story structure sits on a 0.16-acre lot and is ideally situated within the HD (Hospital District) zoning. This zoning allows for a diverse 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 businesses. The building currently offers three available units, with a minimum divisible space of 1,348 square feet and a maximum contiguous space of 6,066 square feet, providing flexibility for various tenant needs. The property's location in Grand Prairie offers convenient access to a vibrant array of amenities. Nearby attractions include Asia Times Square and Hong Kong Market, Epic Waters Indoor Waterpark, and the Verizon Theatre at Grand Prairie, enhancing the area's appeal and providing a strong potential for tenant attraction and retention. The building's total of 6,066 square feet is currently vacant, presenting a blank canvas for a new owner to customize and lease to their ideal tenants. The address is 643 S Great SW Pkwy, Grand Prairie, TX 75051.

    Property Features for 643 Great Pkwy

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,066 SF
    Total Rate
    7582.5

    Building Details

    Year Built
    1986
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 101
    Size
    2,337 SF
    Rate per SF
    $15
    Space
    Suite 102
    Size
    1,348 SF
    Rate per SF
    $15
    Space
    Suite 104
    Size
    2,381 SF
    Rate per SF
    $15

    HighLights

    • 1.7 miles from Asia Times Square.
    • 1986 Construction.
    • HD (Hospital District) Zoning.
    • Excellent Office Building Investment Opportunity.
    • Monument Signage Available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Map

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

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    FAQs

    What type of property is this?
    Medical office - 6,066 SF Medical Office, 3 Units Available
    Where is this medical office located?
    The property is located at 643 Great Pkwy Grand Prairie, TX.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: 1.7 miles from Asia Times Square.; 1986 Construction.; HD (Hospital District) Zoning.
    Request Owner's contact information
    643 Great Pkwy 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
    643 Great Pkwy Grand Prairie, TX 75051
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