Technical
Financial
Distress signals
Property profile

1026 Texan Trl Grapevine, TX 76051

OFF-MARKET
Office buildings
Property ID
US83-3666506
22,500 SF 1.29 ac lot Built 2006
Entity Owned 3-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 1,200 square foot office space is available for lease within a larger, three-story, 22,500 square foot Class B office building located at 1026 Texan Trail in Grapevine, Texas. The building, constructed in 2008, sits on a 1.19-acre lot and offers a multi-tenant environment. This particular space is move-in ready and presents a fantastic opportunity for businesses seeking a professional and convenient location. The building's strategic location provides easy access to major thoroughfares, including SH 114 and I-635, ensuring seamless commutes for employees and clients. Its proximity to the DFW International Airport further enhances its appeal. The property boasts a highly desirable address, situated on Texan Trail and Wall Street, and enjoys a prominent position across from the Great Wolf Lodge, benefiting from high visibility and foot traffic. The available space is part of a larger building, offering a well-established and reputable business environment. This second-generation space is ready for immediate occupancy. The building features one structure with three stories. Tarrant County is the location of this property.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2006
Total area 22,500 SF
Lot 1.29 ac (56,410 SF)
APN 16075A-3-3R
UPID US83-3666506

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Newspaper & Magazine
  • Consultant Service Establishment
  • Tech Support Center (Bike/Boat/Book/etc) Store

Location

1026 Texan Trl Grapevine, TX 76051-3703
Grapevine metro Census 113712 DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$1.28M

Owner & transaction history

since 2023
7 recorded transactions
2023
Price N/A
2023
Price N/A
2023
Price N/A
2023
Price N/A
2020
Price N/A
2016
Price N/A
2011
Price N/A

Zoning & alternative use

Top alternative use upside
Retail stores $1.9M +19.9%
Commercial (general) $1.9M +18.5%
Restaurant $1.8M +12.1%

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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