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Property profile & analytics
OFF-MARKET Estimated value $530,000
Office buildings

1801 Carrier Pkwy Grand Prairie, TX 75051-3702

5,200 SF 0.53 ac lot Built 2009
Entity Owned 10-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US82-0760097
Property summary
AI-generated overview

This exceptional 4,000 square foot retail space, located at 1801 S Carrier Pkwy in Grand Prairie, Texas, presents a unique investment opportunity. Situated on a highly visible corner lot at a lighted intersection, this single-tenant property boasts unparalleled accessibility and strong visibility for potential businesses. The building is currently vacant, offering a blank canvas for a new tenant to customize the space to their specific needs. The property's location within Dallas County, zip code 75051, places it within a densely populated area, boasting over 114,000 residents within a three-mile radius, ensuring a substantial customer base. This translates to significant potential for high foot traffic and strong revenue generation. The property is classified as retail commercial space and is ideal for a variety of businesses seeking a prominent location in a thriving community. The building's 4,000 square feet provides ample space for a wide range of retail operations. This turnkey opportunity offers immediate occupancy and the chance to establish a successful business in a prime location. The property's strategic placement and substantial surrounding population make it an attractive proposition for discerning investors and entrepreneurs alike. Don't miss this chance to acquire a high-impact retail space in a rapidly growing market.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2009
Construction FRAME
Total area 5,200 SF
Lot 0.53 ac (23,086 SF)
Zoning code Z97
APN 28096503790030000
UPID US82-0760097
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
  • WellMed at Carrier Parkway Medical Clinic
  • Tairee Ruth Grimes, NP Physician
  • Sunitha Malla Pediatrician Physician
  • Dr. Jayshri Chasmawala Pediatrician Physician
  • Grove Susan Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$445k
CAP Approach CAP
by Request
Comparable Approach Comparable
$619k
Blend (final) Blend
$530k
Owner & transaction history
Grand Prairie Aligned Rei LP · 10 yrs held
Grand Prairie Aligned Rei LP
since 2015
3 recorded transactions
2015
Price N/A
2009
Price N/A
1969
Price N/A
Zoning & alternative use
Z97 · Grand Prairie, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $695,000 +55.6%
Restaurant $670,000 +49.1%
Retail stores $495,000 +10.3%
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