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Property profile & analytics
FOR LEASE
Warehouses
1201 W Carrier Pkwy Grand Prairie, TX 75051
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-2965713
For Lease
1 / 2
$3,500,000
1201 W Carrier Pkwy, Grand Prairie, TX 75051
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1980
Total area
320,150 SF
Lot
14.85 ac (646,866 SF)
APN
48527-3-1
UPID
US82-2965713
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
-
Lennox Stores (PartsPlus) Hardware & Home Improvement Home Appliance Store
-
Texas Rhino Careers Industrial Manufacturer Production Facility
-
American HomePatient Home Health Care Service Medical Supply Store
-
Dr. Shabbir I. Saherwala, MD Pediatrician Medical Clinic
-
Pharma Thera Home Health Care Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.50M
Owner & transaction history
Bre Jupiter S1 East Tx Owner LP · 2 yrs held
Bre Jupiter S1 East Tx Owner LP
since 2024
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Grand Prairie submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Grand Prairie submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$11 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$286,873
Tax year 2023
Assessed value
$13,446,300
Assessed 2024
Previous assessed
$13,446,300
+0.0% YoY
Effective rate
2.13%
On assessed value
Assessed land
$2,264,031
Assessed improvement
$11,182,269
Land market value
$2,264,031
Improvement market value
$11,182,269
Total market value
$13,446,300
Applied tax rate
224.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Lease
Year built
1980
Heating
NONE
Stories
1
Total area
320,150 SF
Lot
14.85 ac (646,866 SF)
APN
48527-3-1
UPID
US82-2965713
Jurisdiction
TARRANT
Metro division
FORT WORTH-ARLINGTON, TX METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1980
Heating
NONE
Stories
1
Lot
14.85 ac
Current owner
From public records · entity-resolved
Bre Jupiter S1 East Tx Owner LP
Entity
Mailing address
345 PARK AVE, NEW YORK, NY 10154-0004
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 10, 2024
—
Bre Jupiter S1 East Tx Owner LP
Icon Owner Pool 1 Texas LLC
Deed
$500,000,000 · Sumitomo Mitsui Banking Corp
Oct 2, 2019
—
Icon Owner Pool 1 Texas LLC
—
Deed
related
—
Mar 13, 2015
—
Icon Owner Pool 1 Texas LLC
Cwtx Oakridge 94 LP
Grant Deed
—
Aug 31, 2012
—
Cwtx Oakridge 94 LP
—
Deed Of Trust
related
$943,800,000 · Citibank NA
Jun 8, 2007
—
Walton Cwtx Oakridge 94 LP
Calwest Industrial Holdings Texas L
Special Warranty Deed
—
—
—
Icon Owner Pool 1 Texas LLC
—
Deed Of Trust
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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