1409 Sultan Dr Grand Prairie, TX 75051
- Land
- 4.39 lot acres
Current Use by Public Records
- Land
Property Details for 1409 Sultan Dr
- Lot size
- 4.39 lot acres
- Property type
- Land
Description
This exceptional 4.39-acre commercial land parcel in Grand Prairie, Texas, presents a remarkable opportunity for townhome development. Located in Dallas County at 1409 Sultan Dr, zip code 75051, this property boasts 40 fully developed lots, ready for immediate construction. The convenient location offers easy access to major thoroughfares like George Bush Highway and Robinson Road, providing excellent connectivity for future residents. The site's proximity to Lockheed Martin and other significant employers ensures a strong potential tenant pool. An independent bank appraisal values the land at $4.7 million, making the asking price of $4 million significantly below appraisal, representing exceptional value for the buyer. All necessary groundwork has been completed, allowing a builder to commence construction without delay. This prime location and the ready-to-build status of the lots make this an ideal investment for developers seeking a high-return project in a thriving Texas market. Detailed information is available upon request.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Grand Prairie
- County
- Dallas
- State
- Texas
- Longitude
- -97.0196
- Latitude
- 32.726
