and William D Tate Wood Ave Grapevine, TX 76051
This exceptional investment opportunity encompasses two prime tracts totaling 6.39 acres, strategically positioned at the intersection of Ira E Woods Avenue and William D Tate Avenue in Grapevine, Texas, 76051. The property boasts a combined 278,349 square feet of developable space, ideal for a variety of uses. Tract 3 comprises 3.22 acres, while Tract 5 offers 3.17 acres. The location is highly desirable, situated directly across from Baylor Regional Medical Center, ensuring high visibility and accessibility. This presents a unique chance to develop medical offices, retail spaces, or restaurants within a thriving medical hub. The property's zoning allows for a diverse range of commercial uses, catering to the needs of both medical professionals and the broader community. The substantial lot size provides ample room for expansion and future development, making this an attractive proposition for long-term investment and growth. The property's prime location and versatile zoning make it an exceptional opportunity for developers seeking a high-impact commercial project in a rapidly growing area of Tarrant County, Texas. This offering presents a rare chance to acquire a significant parcel of land in a highly sought-after location with excellent potential for substantial returns.
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
Similar Nearby for Lease
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.