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    1200 Pioneer Pkwy Grand Prairie, TX 75051

    For Sale
    $1,750,000

    11.41 Acres, Prime Location, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 11.41-acre commercial land parcel in Grand Prairie, Texas, offers unparalleled development potential. Located at 1200 W Pioneer Pkwy, the property boasts 652 feet of road frontage along the George Bush Turnpike (Hwy 161), ensuring high visibility and accessibility. The mostly flat terrain simplifies construction, while the natural beauty, including a creek along the back, provides a picturesque setting. Zoned for commercial use, this versatile site is ideal for a variety of developments, including retail, hospitality (hotel), multi-family residential (apartments), or senior living facilities. Its strategic location near the 200+ acre Lockheed Martin campus, the 43.80-acre Epic Place Central development (including a fitness center), and a Walmart adds to its appeal. The property's adjacency to residential areas to the north and commercial establishments to the southwest further enhances its versatility. A survey is available. The asking price of $1,750,000 reflects a price per acre of $153,198, adjusted for potential usable land. This represents a remarkable opportunity for investors and developers seeking a prime location in a rapidly growing area. The APN is 6507137651013000. The property is for sale by owner.

    Property Features for 1200 Pioneer Pkwy

    General Information

    Property type
    Land
    Lot Size
    497,020 SF

    HighLights

    • 652 feet of George Bush Turnpike frontage provides excellent visibility and high traffic counts.
    • Wooded site with a creek along the rear offers scenic appeal.
    • Suitable for retail, hotel, multifamily, or assisted living development.
    • Mostly level topography simplifies construction.
    • Adjacent residential and commercial uses create a desirable location.
    • Creek area ideal for parks and walking trails.
    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
    -97.024187412623
    Latitude
    32.711180812576

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    FAQs

    What type of property is this?
    Land - 11.41 Acres, Prime Location, High Visibility
    Where is this land located?
    The property is located at 1200 Pioneer Pkwy Grand Prairie, TX.
    What is the asking price?
    The asking price for this property is $1,750,000.
    What are key features of this property?
    This property features: 652 feet of George Bush Turnpike frontage provides excellent visibility and high traffic counts.; Wooded site with a creek along the rear offers scenic appeal.; Suitable for retail, hotel, multifamily, or assisted living development.
    (214) 315-6753
    Request Owner's contact information
    1200 Pioneer 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
    1200 Pioneer Pkwy Grand Prairie, TX 75051
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