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Property profile & analytics
OFF-MARKET Estimated value $375,000
Turn key restaurants

1701 William D Tate Ave Grapevine, TX 76051-3969

7,829 SF 1.19 ac lot Built 1995
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US82-3765357
Property summary
AI-generated overview

This exceptional retail opportunity presents a 7,885 square foot space within the established Grapevine Restaurant complex, located at 1701 William D Tate Ave, Grapevine, TX 76051. The property boasts a total building size of 76,666 square feet, situated on a 1.76-acre lot. Built in 1995, this single-story building is zoned CC and offers a prime location in Grapevine, Texas. The property features a multiple tenancy structure, providing potential for diverse business opportunities. While there are no elevators, the single-story design ensures easy accessibility. This listing specifically highlights the 7,885 square feet of currently vacant space, ideal for a variety of restaurant or retail concepts. The property's prominent location and existing infrastructure offer a significant advantage for prospective tenants seeking a well-established and high-traffic area. The substantial lot size provides ample space for potential expansion or outdoor seating. This is a rare opportunity to acquire a significant portion of a well-established commercial property in a thriving Texas market. The property's history and existing infrastructure offer a strong foundation for future success. Serious inquiries are encouraged to explore this unique investment potential.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1995
Total area 7,829 SF
Lot 1.19 ac (51,662 SF)
APN 8898-2-1R1
UPID US82-3765357
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$330k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$375k
Owner & transaction history
Hemani Capital Group INC · 2 yrs held
Hemani Capital Group INC
since 2023
3 recorded transactions
2023
Price N/A
2011
Price N/A
2007
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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