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Property profile & analytics
OFF-MARKET
Office Spaces

643 Great Pkwy Grand Prairie, TX 75051

6,066 SF 0.16 ac lot Built 1986
Property ID
Property summary
AI-generated overview

This exceptional 6,066-square-foot medical office building presents a unique investment opportunity in Grand Prairie, Texas. Located at 643 S Great Southwest Pkwy, this single-story, Class B building boasts three units and sits on a 0.16-acre lot. Constructed in 1986, the property is ideally suited for owner-users seeking a prime location within the HD (Hospital District) zoning. This zoning allows for a wide range of uses, including medical care facilities, health service facilities, scientific or research laboratories, churches, health spas, nursing and care homes, offices, and supporting retail uses. The building is currently vacant, with an occupancy date of October 22, 2024, providing immediate potential for customization and tenant improvements. The asking price is $1,100,000, translating to $181.34 per square foot. A prominent monument sign is available, enhancing visibility and branding opportunities. The property's strategic location offers convenient access to a variety of amenities, including Asia Times Square and Hong Kong Market, Epic Waters Indoor Waterpark, and the Verizon Theatre at Grand Prairie. This presents a compelling opportunity for investors seeking a well-positioned medical office building in a thriving area. The property is approximately 1.7 miles from Asia Times Square.

Property profile
Verified
Property type Office Spaces
Year built 1986
Total area 6,066 SF
Lot 0.16 ac (6,970 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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