1933 State Highway 161 Grand Prairie, TX 75051
Property profile & analytics
1933 State Highway 161 Grand Prairie, TX 75051
- Apartment buildings
- 116,008 SF
- 6.79 lot acres
Property ID
US82-2064508
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
- Tree Top Apartments / Apartment Complex
Property Details for 1933 State Highway 161
- Year built
- 1970
- Construction
- FRAME
- Lot size
- 6.79 lot acres
- Property size
- 116,008 SF
- Zone code
- Z190
- Property type
- Apartment buildings
- APN
- 65099130510100000
- APU
- 65099130510100000
Description
Exceptional investment opportunity awaits at these pad sites located at the intersection of State Highway 161 and Pioneer Parkway in Grand Prairie, Texas, within Dallas County (zip code 75051). These sites are zoned GR-1, General Retail-One District, ideal for a variety of moderate-intensity retail and service businesses. The zoning designation is specifically designed for developments ranging from approximately three to five acres, ensuring compatibility with surrounding areas. This location benefits from exceptionally high traffic volume, boasting 46,200 vehicles per day on State Highway 161 and 23,644 vehicles per day on Pioneer Parkway, providing significant visibility and accessibility for potential businesses. The property's strategic placement near a Walmart anchor store further enhances its appeal and potential for success. All necessary utilities are conveniently located on-site, simplifying the development process and reducing upfront costs. This presents a rare chance to acquire land in a thriving retail corridor with excellent infrastructure and high traffic counts, making it an attractive proposition for investors and developers seeking a strong return on investment. The property's location at 1933 State Highway 161 offers unparalleled exposure and convenience for customers. This is a turnkey opportunity to establish a successful retail presence in a high-demand area.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $10,030,000
Market price range: $1.00M - $10.8M -
Alternative Use
- Use
- Estimation
- APARTMENT HOUSE (5+ UNITS)
- $7,810,000 Current use
- RESTAURANT
- $14,900,000 Change: +91% Conversion: Difficult
- RETAIL STORES
- $11,020,000 Change: +41% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $10,835,000 Change: +39% Conversion: Difficult
- MEDICAL BUILDING
- $10,175,000 Change: +30% Conversion: Moderate
- OFFICE BUILDING
- $9,990,000 Change: +28% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Grand Prairie
- County
- Dallas
- State
- Texas
- Longitude
- -97.0231
- Latitude
- 32.7136
- 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
$275,921
$443,560
$11,551,440
$11,995,000
-
$443,560
$11,551,440
$11,995,000
