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Property profile & analytics
FOR LEASE
Distribution centers

1220 Texan Trl Grapevine, TX 76051

77,070 SF 6.41 ac lot Built 1983
Entity Owned 15-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US82-4657349
Property summary
AI-generated overview

This exceptional 33,720-square-foot manufacturing facility, situated on a 6.42-acre lot in the desirable W. DFW Air/Grapevine Industrial submarket, presents a unique investment opportunity. Built in 1982, this Class B building boasts a single story with a 16-foot clear height, ideal for various manufacturing operations. The property features 30 dock-high doors and 7 drive-in doors, ensuring efficient loading and unloading. Currently, 18,900 square feet is available for lease, divisible to suit tenant needs. This space includes approximately 3,325 square feet of front office space and an additional 1,233 square feet of warehouse office space. The building's layout includes 30' x 30' column spacing, and the available space is an endcap unit with high visibility on Texan Trail. The property is zoned L!, offering flexibility for various manufacturing uses. The operating expense is $1.97 per square foot. Contact for lease rate information. This property offers a rare combination of size, location, and accessibility, making it an attractive option for businesses seeking a well-equipped manufacturing space in a thriving industrial area. The large lot size provides ample room for expansion or future development.

Property profile
Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 1983
Total area 77,070 SF
Lot 6.41 ac (279,220 SF)
APN 9079--2
UPID US82-4657349
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
  • Import Designs Production Facility
  • Bluesky Land Express Inc Courier Service Postal Service
  • Morrow Equipment Co LLC Professional Services
  • World Trade Cargo & Logistics Freight Service Logistics Company
  • Con-Way Air Inc Hardware & Home Improvement HVAC Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$920k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.86M
Blend (final) Blend
$1.39M
Owner & transaction history
Regal Business Center INC · 15 yrs held
Regal Business Center INC
since 2011
1 recorded transaction
2011
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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