Property summary
This exceptional 7,043-square-foot executive office building, located at 1010 Mustang Dr. in Grapevine, Texas, presents a compelling investment opportunity. Built in 2005, this Class B property sits on a 0.97-acre lot and offers ample parking with a 7.24 spaces per 1,000 square feet ratio. The building boasts newly renovated interiors and is currently configured as a multi-tenant space, but can be easily demised into three separate suites, providing flexibility for various business needs. The property features convenient covered parking and prominent monument signage, enhancing visibility and accessibility. Security is ensured with a lockable gate, providing peace of mind for tenants and their belongings. The asking price for this turnkey property is $2,394,620. Existing furniture is negotiable, adding further value to this attractive investment. Located in the desirable city of Grapevine, Tarrant County, Texas, zip code 76051, this property offers excellent access to major transportation routes and a thriving business community. This is a rare opportunity to acquire a well-maintained, versatile office building in a prime location.
Property profile
VerifiedCap rate & NOI
Current use
-
Corporate Office
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Grapevine market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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