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    5539 Lake Ridge Pkwy Grand Prairie, TX 75052

    For Sale
    $318,000

    Prime Retail Lot, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 37,548 square foot commercial land parcel is ideally situated at 5539 Lake Ridge Pkwy, Grand Prairie, Texas, 75052, in Tarrant County. Zoned PD-267A General Retail, this property offers unparalleled visibility due to its frontage on a major roadway and shared entrance with established businesses. The location benefits from high traffic counts and exposure to a substantial customer base. Surrounded by numerous residential neighborhoods and conveniently located minutes from a popular lake, this site presents a unique opportunity for a variety of commercial ventures. The city's PD-267A zoning specifically permits commercial office development. For precise location, the property is west of a dental office and north of a daycare center. Offered at $318,000, this is a remarkable investment opportunity in a thriving Texas market. The current ownership is Wiesse Professional Bldg LLC.

    Property Features for 5539 Lake Ridge Pkwy

    General Information

    Property type
    Land

    HighLights

    • 37,548 SF commercial land parcel in Grand Prairie, TX.
    • Located at 5539 Lake Ridge Pkwy, Tarrant County, TX 75052.
    • Zoned PD‑267A, allowing for general retail and commercial office development.
    • High visibility due to major roadway frontage and shared entrance with existing businesses.
    • $318,000 asking price.
    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
    Tarrant
    State
    Texas
    Longitude
    -97.049497780309
    Latitude
    32.642388876647

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    FAQs

    What type of property is this?
    Land - Prime Retail Lot, High Visibility
    Where is this land located?
    The property is located at 5539 Lake Ridge Pkwy Grand Prairie, TX.
    What is the asking price?
    The asking price for this property is $318,000.
    What are key features of this property?
    This property features: 37,548 SF commercial land parcel in Grand Prairie, TX.; Located at 5539 Lake Ridge Pkwy, Tarrant County, TX 75052.; Zoned PD-267A, allowing for general retail and commercial office development.
    (817) 883-7117
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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
    5539 Lake Ridge Pkwy Grand Prairie, TX 75052
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