505 MainGrand Prairie, TX 75050

  • Retail properties
  • 10,000 SF
Off market
$257,621 Estimated

Property Details for 505 Main

Year built
1946
Construction
TILT-UP CONCRETE
Lot size
0.32 AC
Property size (Sq ft)
10,000 SF
Zone code
Z20
Property type
Retail properties
Property subtype
Retail space
APN
65072628530700000
APU
65072628530700000

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,507,138
    6.5%
    $2,314,281
    7%
    $2,148,975
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,749,717
    Geo Method
    $7,544,628
  • Alternative Use

    Use
    Valuation
    Residential
    $1,952,183
    Hospitality
    $1,788,189
    Educational
    $1,487,752
    Medical
    $1,538,918
    Retail
    $2,314,281
505 Main, Grand Prairie, Texas
Leaflet | © OpenStreetMap contributors

Location Insight

City
Grand Prairie
County
Dallas
State
Texas
Latitude
32.7454
Longitude
-96.9978
CBSA code
19100
CBSA name
DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $121,450
  • Assessed land value
    $91,460
  • Assessed value
    $212,910
  • Tax year
    2023
  • Tax bill
    $4,898

FAQs

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