Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    525 Pioneer Pkwy Grand Prairie, TX 75051

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    525 Pioneer Pkwy Grand Prairie, TX 75051

    View on Map
    • Lifestyle centers
    • 60,287 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Chen Yi-Ju DDS / Dental Office
    • Boost Mobile / Mobile Phone Store / Electronics & Wireless Store
    • PLAZA ON THE PARKWAY / Shopping Center & Mall
    • Oasis Insulation / General Contractor / Renovation Specialist
    • Magnificient Motors / Car Dealership

    Property Details for 525 Pioneer Pkwy

    Property size
    60,287 SF
    Property type
    Lifestyle centers
    Property subtype
    Power centers

    Description

    Plaza on the Parkway, a retail shopping center located at 525 W Pioneer Pkwy, Grand Prairie, Texas 75051, offers exceptional leasing opportunities. This Dallas County property boasts a total of 60,287 square feet and sits on a generous 4.78-acre lot. Currently, there are 3,857 square feet of vacant space available, divisible into units ranging from a minimum of 1,557 square feet to a maximum contiguous space of 2,300 square feet. The property's prime location in Grand Prairie provides excellent visibility and accessibility for businesses seeking a thriving retail environment. The multiple-tenancy structure allows for a diverse range of businesses to coexist, creating a vibrant and attractive shopping destination. This is an ideal opportunity for retailers seeking a well-established location with ample space to accommodate their needs. The property's size and layout offer flexibility for various retail concepts, making it a versatile option for businesses of different scales. Interested parties are encouraged to inquire about the available spaces and explore the potential of establishing their business within this dynamic shopping center. The property is conveniently located in Dallas County, Texas, offering easy access to major transportation routes and a strong customer base. This is a rare opportunity to secure prime retail space in a high-traffic area.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Grand Prairie
    County
    Dallas
    State
    Texas
    Longitude
    -97.0108
    Latitude
    32.7093

    Comparable in this City

    • Value Estimation
      $855,000
      16,273 SF

      950 Carrier Pkwy

      SHOPPING CENTER, STRIP CENTER • 16,273 SF
      950 Carrier Pkwy, Grand Prairie, TX 75051-1676
      View Details
    • Value Estimation
      $1,060,000
      43,040 SF

      817 Pioneer Pkwy

      SHOPPING CENTER, STRIP CENTER • 43,040 SF
      817 Pioneer Pkwy, Grand Prairie, TX 75051-4710
      View Details
    • Value Estimation
      $780,000
      15,900 SF

      724 Marshall Dr

      SHOPPING CENTER, STRIP CENTER • 15,900 SF
      724 Marshall Dr, Grand Prairie, TX 75051-4409
      View Details
    • Value Estimation by Request
      12,558 SF

      1806 Carrier Pkwy

      SHOPPING CENTER, STRIP CENTER • 12,558 SF
      1806 Carrier Pkwy, Grand Prairie, TX 75051-3763
      View Details
    • Value Estimation
      $640,000
      22,468 SF

      300 Clarice St

      SHOPPING CENTER, STRIP CENTER • 22,468 SF
      300 Clarice St, Grand Prairie, TX 75051-1847
      View Details
    • Value Estimation by Request
      15,300 SF

      301 Marshall Dr

      SHOPPING CENTER, STRIP CENTER • 15,300 SF
      301 Marshall Dr, Grand Prairie, TX 75051-4300
      View Details

    Similar Nearby for Sale

    • $1,799,000
      0.41 Acres

      Grand Prairie Retail/Restaurant Opportunity

      Restaurant/Bar/Night Club opportunity near Arlington stadiums. Remodeled with ample parking.
      2601 W Jefferson St, Grand Prairie, TX 75051
      View Details
    • $800,000
      11,120 SF

      Grand Prairie Commercial Investment Opportunity

      Two adjacent properties suitable for various commercial uses.
      301 SE 14Th St, Grand Prairie, TX 75051
      View Details
    • Contact for pricing
      6,066 SF

      Grand Prairie Commercial Building For Sale

      6,066 SF building in Grand Prairie, TX for sale.
      643 S Great Pkwy SW, Grand Prairie, TX 75051
      View Details
    • $1,200,000
      0.27 Acres

      Grand Prairie Retail with Drive-Thru

      Free-standing retail building with drive-thru, suitable for restaurant/fast-food.
      455 W Pioneer Pkwy, Grand Prairie, TX 75051
      View Details
    • Contact for pricing
      20,000 SF

      Retail Site on 1.85 Acres

      20,000 SF retail site in a commercial corridor.
      1290 W Pioneer Pkwy, Grand Prairie, TX 75051
      View Details
    • Contact for pricing
      4,250 SF

      Grand Prairie Childcare Center Opportunity

      4,250 SF childcare center in a progressive DFW location.
      622 Freetown Rd, Grand Prairie, TX 75051
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail/Medical/Office Space Available

      Multi-tenant retail, medical, or office space for lease.
      210-212 SW 2Nd St W Jefferson, Grand Prairie, TX 75051
      View Details
    • Contact for pricing
      2,327 SF

      Retail Spaces Available in Grand Prairie

      Retail spaces available near Sprouts Farmers Market and dd’s Discounts.
      817 W Pioneer Pkwy, Grand Prairie, TX 75051
      View Details
    • Contact for pricing
      720 SF

      Retail Space at 3rd & Marshall

      Retail strip center at the corner of 3rd and Marshall.
      301 W Marshall Dr, Grand Prairie, TX 75051
      View Details
    • Contact for pricing
      2,500 SF

      Retail Space Near High-Traffic Area

      Retail space available near Walmart and SH 161 corridor.
      1215 W Pioneer Pkwy, Grand Prairie, TX 75051
      View Details
    • Contact for pricing

      New Retail Development in Grand Prairie

      Prime retail space in a vibrant, growing residential area.
      1600 S Belt Line Rd, Grand Prairie, TX 75051
      View Details
    • Contact for pricing

      Retail Space Available For Lease

      Retail space available for lease in Grand Prairie, Texas.
      510 S Carrier Pkwy, Grand Prairie, TX 75051
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    525 Pioneer Pkwy
    Grand Prairie, TX 75051
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!