Property profile

1231 William D Tate Ave Grapevine, TX 76051

OFF-MARKET
Strip malls
Property ID
US82-3308706
8,682 SF 1.56 ac lot Built 2006
Entity Owned 3-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2006
Total area 8,682 SF
Lot 1.56 ac (67,954 SF)
APN 41407Q-1-1
UPID US82-3308706

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
  • Dental Office
  • Specialty Food Shop (Bike/Boat/Book/etc) Store
  • Building Supply General Contractor
  • Take-out & Catering
  • Auto Repair Shop

Location

1231 William D Tate Ave Grapevine, TX 76051-4031
Grapevine metro Census 113712 DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$605k
CAP Approach CAP
by Request
Comparable Approach Comparable
$509k
Blend (final) Blend
$560k

Owner & transaction history

since 2023
3 recorded transactions
2023
Price N/A
2021
Price N/A
2012
Price N/A

Zoning & alternative use

Top alternative use upside
Retail stores $750,000 +107.9%
Commercial (general) $740,000 +105.6%
Restaurant $700,000 +94.5%

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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