114 & William D. Tate Ave Grapevine, TX 76051
This exceptional commercial property presents a unique investment opportunity in the thriving city of Grapevine, Texas. Located at the intersection of S.H. 114 and William D. Tate Avenue, this site boasts a sizable lot ranging from 1.39 to 1.79 acres, offering significant development potential. The property is zoned CC - Community Commercial, allowing for a variety of retail uses. Building sizes can range from 6,169 to 7,069 square feet, providing flexibility for various development plans. The location benefits from exceptional visibility and high traffic counts, with William D. Tate Avenue recording 29,355 vehicles per day in 2019 and TX-114 boasting 100,338 vehicles per day in the same year. Utilities are readily available to the site, simplifying the development process. This prime location in Grapevine, a city known for its strong economy and desirable demographics, makes this a compelling investment for discerning buyers seeking high-traffic retail exposure in Tarrant County, Texas, zip code 76051. The property's size and zoning provide a blank canvas for a variety of retail concepts, ensuring a strong return on investment. Don't miss this chance to secure a prominent location in a rapidly growing market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.