Property profile

2040 Hwy 121 Grapevine, TX 76051

OFF-MARKET
Commercial land
Property ID
US82-3198230
24,788 SF 0.96 ac lot Built 2005
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 2005
Total area 24,788 SF
Lot 0.96 ac (41,600 SF)
APN 15243-1-2A
UPID US82-3198230

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2040 Hwy 121 Grapevine, TX 76051-2006
Grapevine metro Census 113715 DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$720k
CAP Approach CAP
by Request
Comparable Approach Comparable
$777k
Blend (final) Blend
$750k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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