643 Great Pkwy Grand Prairie, TX 75051
- Office Properties & Spaces
- 6,066 SF
- 0.16 lot acres
Current Use by Public Records
- Office Properties & Spaces
Property Details for 643 Great Pkwy
- Year built
- 1986
- Lot size
- 0.16 lot acres
- Property size
- 6,066 SF
- Property type
- Office Properties & Spaces
- Property subtype
- Medical offices
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Grand Prairie
- County
- Tarrant
- State
- Texas
- Longitude
- -97.0454
- Latitude
- 32.7342