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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

506 Northwest Hwy Grapevine, TX 76051

0.51 ac lot
Property ID
Property summary
AI-generated overview

This 0.51-acre infill pad site presents a unique opportunity for retail development in the thriving city of Grapevine, Texas. Located at 506 E Northwest Hwy, 76051, in Tarrant County, this single-tenant property enjoys a highly visible position at a lit intersection, benefiting from excellent access and strong commuter traffic. The site is situated amongst established national quick-service restaurants (QSRs), ensuring high visibility and foot traffic. The property's location within a busy commercial corridor guarantees significant exposure to potential customers. This is an ideal location for a variety of retail businesses seeking a high-traffic, easily accessible site in a desirable area. The 0.51-acre lot size offers ample space for development, allowing for flexibility in design and build-out. The property's strategic location in Grapevine, known for its vibrant community and strong economy, makes it an attractive investment opportunity. This is a rare chance to acquire a prime retail pad site in a highly sought-after location. The property is zoned for commercial use and ready for immediate development. Serious inquiries are encouraged.

Property profile
Verified
Property type Retail properties & Spaces
Lot 0.51 ac (22,216 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
Current use
Occupant on record · Public records
  • Chevron Gas Station
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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