1933 State Hwy 161 Grand Prairie, TX 75051-3604
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.
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Tree Top Apartments Apartment Complex
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Z190 · Grand Prairie, TXGrand Prairie. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.