1850 Belt Line Rd, Grand Prairie, TX 75051
This exceptional 2.867-acre commercial land parcel presents a remarkable investment opportunity in the dynamic Dallas-Fort Worth metroplex. Situated at the highly visible, signalized intersection of South Belt Line Road and East Marshall Drive in Grand Prairie, Texas (zip code 75051), this property boasts a prime location with significant development potential. The land is zoned for commercial use and has already received city approval for a multi-tenant retail and restaurant complex. Detailed site plans are in place for a 10,003 square foot building, incorporating a convenient drive-through option for enhanced customer accessibility. These comprehensive plans also include ample parking, a designated fire lane, a well-designed access drive, a dedicated drive-through lane, and a designated dumpster enclosure. All preliminary work has been completed, making this property development-ready, saving significant time and resources for the future owner. This turnkey opportunity is ideal for developers seeking a strategically located site with approved plans for immediate construction in a thriving commercial corridor. The asking price for this exceptional property is $700,000.
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.