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Property profile & analytics
OFF-MARKET
Office buildings

1125 Ball St Grapevine, TX 76051-4010

4,896 SF 0.63 ac lot Built 1997
Individually Owned 11-yr Hold Absentee Owner Free & Clear
Property ID
US83-3055764
Property summary
AI-generated overview

This exceptional 4,896 square foot office building, situated at 1125 S Ball Street in Grapevine, Texas, presents a compelling investment opportunity. The single-story structure, constructed in 1997 and classified as Class B, has undergone a recent renovation, resulting in a well-maintained and modern workspace. The property boasts 24-hour controlled access, ensuring security for tenants and their operations. A welcoming courtyard provides an attractive outdoor space, while ample signage opportunities enhance visibility and brand recognition. Internal amenities include a conveniently located kitchen and a central heating and air conditioning system, ensuring year-round comfort. Two restrooms, separately designated for men and women, are located in the common area for the convenience of occupants and visitors. The property also offers 18 surface parking spaces, eliminating the challenges associated with limited parking availability. The building is situated in a thriving area with strong neighboring businesses, creating a vibrant and desirable location. The current lease agreements offer the potential for increased rental income through renegotiation, presenting a significant opportunity for enhanced return on investment. The 0.63-acre lot provides ample space and potential for future expansion. All information is believed to be accurate but should be independently verified.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1997
Total area 4,896 SF
Lot 0.63 ac (27,438 SF)
APN 2135-2-4R
UPID US83-3055764
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Nissens north america Company Registry
  • Edward Jones - Financial Advisor: Paul B Phillips Financial Advisor
  • Halverson Family Chiropractic Alternative Medicine Practice
  • Marine Quest Restaurant
  • ELYSSA JEAN WASHBURN Physician
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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by Request
Owner & transaction history
Beverly Condominium Ltd · 11 yrs held
Beverly Condominium Ltd
since 2015
6 recorded transactions
2015
Price N/A
2008
Price N/A
2006
Price N/A
2001
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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