1265 S Main St Grapevine, TX 76092
Property profile & analytics
1265 S Main St Grapevine, TX 76092
- Turn key restaurants
- 9,230 SF
- 1.51 lot acres
Property ID
US82-3250666
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.
Location Intelligence
Current Use by Public Records
- Winewood Grill / Restaurant
Property Details for 1265 S Main St
- Year built
- 2006
- Lot size
- 1.51 lot acres
- Property size
- 9,230 SF
- Property type
- Turn key restaurants
- APN
- 16608C--2
- APU
- 16608C2
Description
Exceptional investment opportunity: The Winewood Grill, a thriving 9,551 square foot restaurant in Grapevine, Texas, is available for purchase at $4,385,000. This single-tenant, absolute net lease property boasts a strong 6.50% cap rate and a substantial net operating income (NOI) of $285,000. The current lease has four years remaining, with three five-year options, demonstrating the tenant's long-term commitment. The restaurant enjoys 100% occupancy and benefits from a prime location at 1265 S Main St, Grapevine, TX 76051, near major traffic arteries (Highways 114 & 121), and significant tourist attractions including Dallas-Fort Worth International Airport, Gaylord Texan Resort & Convention Center, and Great Wolf Lodge. The property is part of a successful development with three other high-performing restaurants, attracting a substantial customer base from Grapevine and affluent surrounding suburbs like Southlake, Coppell, and Flower Mound. The area boasts an average household income exceeding $140,000, significantly above the national average, and has experienced a 41% population increase in the last decade. This Class A restaurant, with its established history and significant capital investment, presents a compelling opportunity for investors seeking a stable, high-performing asset in a rapidly growing market. The property is situated near a $105 million mixed-use development and enjoys high visibility to nearly 126,470 vehicles daily. The 9,551 square foot lot provides ample space for the successful operation.
Value Estimations
based on Realmo’s proprietary methodology
-
Alternative Use
- Use
- Estimation
- RESTAURANT
- $745,000 Current use
- RETAIL STORES
- $795,000 Change: +7% Conversion: Easy
- COMMERCIAL (GENERAL)
- $785,000 Change: +6% Conversion: Easy
- MEDICAL BUILDING
- $675,000 Change: -9% Conversion: Difficult
- OFFICE BUILDING
- $665,000 Change: -11% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Grapevine
- County
- Tarrant
- State
- Texas
- Longitude
- -97.0774
- Latitude
- 32.926
- 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
$71,595
$853,502
$2,792,498
$3,646,000
-
$853,502
$2,792,498
$3,646,000
