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1850 Belt Line Rd Grand Prairie, TX 75051

OFF-MARKET Land Google Maps
Estimated value
No estimation on file for this property yet.
Property ID

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

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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

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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