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    OFF-MARKET
    Land

    1850 Belt Line Rd, Grand Prairie, TX 75051

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    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    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
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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