Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    114 4th St Grand Prairie, TX 75050-5707
    Back to Search
    Property profile & analytics

    114 4th St, Grand Prairie, TX 75050-5707

    View on Map
    • Office buildings
    • 1,152 SF
    • 0.06 lot acres
    Off-Market
    Property ID
    US82-0606896
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Tommy Garret Real Estate Services / Real Estate Agency

    Property Details for 114 4th St

    Year built
    1970
    Construction
    TILT-UP CONCRETE
    Lot size
    0.06 lot acres
    Zone code
    Z20
    Property type
    Office buildings
    APN
    28218500030170200
    APU
    28218500030170200

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Apr 17, 2003 — Jamison Group INC Serrano,pam C Grant Deed · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Grand Prairie
    County
    Dallas
    State
    Texas
    Longitude
    -96.9996
    Latitude
    32.7465
    CBSA code
    19100
    CBSA name
    DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,354
    $8,750
    $93,570
    $102,320
    -
    $8,750
    $93,570
    $102,320

    Comparable in this City

    • Value Estimation by Request
      1,403 SF

      108 16th St

      OFFICE BUILDING
      108 16th St, Grand Prairie, TX 75050
      View Details
    • Value Estimation
      $2,575,000
      59,774 SF

      901 Ave K K

      OFFICE BUILDING
      901 Ave K K, Grand Prairie, TX 75050-2636
      View Details
    • Value Estimation
      $7,955,000
      265,864 SF

      2505 State Hwy 360

      OFFICE BUILDING (MULTI-STORY)
      2505 State Hwy 360, Grand Prairie, TX 75050-7818
      View Details
    • Value Estimation by Request
      1,332 SF

      207 Gilbert Cir

      OFFICE BUILDING
      207 Gilbert Cir, Grand Prairie, TX 75050-6528
      View Details
    • Value Estimation by Request
      2,640 SF

      740 Dalworth St

      OFFICE BUILDING
      740 Dalworth St, Grand Prairie, TX 75050-5543
      View Details
    • Value Estimation by Request
      2,340 SF

      808 Dalworth St

      OFFICE BUILDING
      808 Dalworth St, Grand Prairie, TX 75050-5542
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      6,322 SF

      Grand Prairie Office Building Investment

      Well-located, cash-flowing office building in Grand Prairie, Texas.
      726 Dalworth St, Grand Prairie, TX 75050
      View Details
    • Contact for pricing
      13,536 SF

      Grand Prairie Storefront Retail/Office Building

      Two-level retail/office building with multi-tenant potential in Grand Prairie.
      610-612 E Main St, Dallas, TX 75050
      View Details
    • Contact for pricing
      14,493 SF

      Grand Prairie Office Building For Sale

      14,493 SF office building with high occupancy and visibility.
      200 N Carrier Pkwy, Grand Prairie, TX 75050
      View Details
    • Contact for pricing
      3,025 SF

      Corner Lot Commercial Building

      Commercial building with ample parking and highway access.
      601 NW 10Th St, Grand Prairie, TX 75050
      View Details
    • $900,000
      0.55 Acres

      Well-Maintained Office Building with Parking

      Cash-flowing, mostly leased office building with multiple suites and ample rear parking for tenants and visitors.
      726 Dalworth St, Grand Prairie, TX 75050
      View Details
    • Contact for pricing
      12,750 SF

      Grand Prairie Office Space Available

      Office building in Grand Prairie, TX, near major highways.
      2210 State 360 Hwy, Grand Prairie, TX 75050
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,582 SF

      Grand Prairie Office Building Opportunity

      Centrally located DFW office building with value-add potential.
      1901 State Highway 360 N, Grand Prairie, TX 75050
      View Details
    • $4 SF/Yr
      103,658 SF

      Office Space for Sublease

      Office building with 103,658 square feet available for sublease.
      2895 113Th St, Grand Prairie, TX 75050
      View Details
    • Contact for pricing

      Class A Office Tower

      Class A office tower with prominent signage and easy highway access.
      2505 Service Rd E, Grand Prairie, TX 75050
      View Details
    • Contact for pricing
      10,106 SF

      Grand Prairie Office Building For Lease

      Former Texas Workforce Commission office building in downtown Grand Prairie.
      2102 W Main St, Dallas, TX 75050
      View Details
    • Contact for pricing
      11,986 SF

      Turnkey Medical Office Space

      Fully furnished, move-in ready medical office space for rent.
      517 N Carrier Pkwy, Grand Prairie, TX 75050
      View Details
    • Contact for pricing

      Versatile Industrial/Flex Spaces in Grand Prairie

      Industrial/flex spaces with immediate occupancy and highway access.
      1000 Post & Paddock Rd, Grand Prairie, TX 75050
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    114 4th St
    Grand Prairie, TX 75050-5707
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    114 4th St, Grand Prairie, TX, 75050
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!