Technical
Financial
Distress signals
Property profile

1046 Texan Trl Grapevine, TX 76051

OFF-MARKET
Office buildings
Property ID
US82-9939889
10,202 SF 0.85 ac lot Built 2005
Entity Owned 5-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 10,200 square foot freestanding office building in Grapevine, Texas, is available for immediate occupancy. Located in a vibrant community, this single-tenant property offers easy access to amenities and major transportation routes. The building features a versatile layout ideal for a variety of businesses. The space includes 14 spacious offices, including two executive offices with connected conference rooms, perfect for meetings and presentations. A dedicated training room/bullpen area is available for team gatherings and collaborative work. Additionally, there's a studio space suitable for creative work or specialized needs, and two sets of bathrooms for staff and visitors. This one-story building provides a dynamic and productive workspace. The property's prime location and flexible design make it an excellent opportunity for businesses seeking a thriving environment. This is a rare sub-lease opportunity, offering immediate occupancy in a highly desirable location. The building's single-tenant configuration ensures privacy and control. Don't miss this chance to secure this unique and well-appointed office space.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2005
Total area 10,202 SF
Lot 0.85 ac (37,026 SF)
APN 16075A-1-6
UPID US82-9939889

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
  • Telecommunications Service Mobile Phone Store

Location

1046 Texan Trl Grapevine, TX 76051-3703
Grapevine metro Census 113712 DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$515k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.03M
Blend (final) Blend
$770k

Owner & transaction history

since 2021
5 recorded transactions
2021
Price N/A
2016
Price N/A
2007
Price N/A
2006
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Retail stores $880,000 +19.9%
Commercial (general) $870,000 +18.5%
Restaurant $820,000 +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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