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    506 Northwest Hwy Grapevine, TX 76051

    For Lease
    Contact for pricing

    High-traffic location, prime retail opportunity.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This 0.51-acre infill pad site presents a unique opportunity for retail development in the thriving city of Grapevine, Texas. Located at 506 E Northwest Hwy, 76051, in Tarrant County, this single-tenant property enjoys a highly visible position at a lit intersection, benefiting from excellent access and strong commuter traffic. The site is situated amongst established national quick-service restaurants (QSRs), ensuring high visibility and foot traffic. The property's location within a busy commercial corridor guarantees significant exposure to potential customers. This is an ideal location for a variety of retail businesses seeking a high-traffic, easily accessible site in a desirable area. The 0.51-acre lot size offers ample space for development, allowing for flexibility in design and build-out. The property's strategic location in Grapevine, known for its vibrant community and strong economy, makes it an attractive investment opportunity. This is a rare chance to acquire a prime retail pad site in a highly sought-after location. The property is zoned for commercial use and ready for immediate development. Serious inquiries are encouraged.

    Property Features for 506 Northwest Hwy

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease

    Unit(s) available at that property

    Space
    Available Space
    Size
    0 SF

    HighLights

    • 0.51‑acre infill retail pad site in Grapevine, TX.
    • Highly visible location at a lit intersection on Northwest Hwy (76051), Tarrant County, with excellent access and strong commuter traffic.
    • Surrounded by established national QSRs, ensuring high visibility and foot traffic in a busy commercial corridor.
    • Ample space for flexible design and build‑out.
    • Zoned for commercial use and ready for immediate development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Chevron Gas Station

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Grapevine
    County
    Tarrant
    State
    Texas
    Longitude
    -97.0731511
    Latitude
    32.9407486

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    FAQs

    What type of property is this?
    Retail property - High-traffic location, prime retail opportunity.
    Where is this retail property located?
    The property is located at 506 Northwest Hwy Grapevine, TX.
    What are key features of this property?
    This property features: 0.51-acre infill retail pad site in Grapevine, TX.; Highly visible location at a lit intersection on Northwest Hwy (76051), Tarrant County, with excellent access and strong commuter traffic.; Surrounded by established national QSRs, ensuring high visibility and foot traffic in a busy commercial corridor.
    Request Owner's contact information
    506 Northwest Hwy Grapevine, TX 76051
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    Grapevine, TX 76051
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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
    506 Northwest Hwy Grapevine, TX 76051
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