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Property profile & analytics
FOR LEASE
Office buildings
2080 State Highway 360 N Grand Prairie, TX 75050
Entity Owned
14-yr Hold
Free & Clear
Property ID
US82-2711360
For Lease
1 / 2
$8,420,000
2080 State Highway 360 N, Grand Prairie, TX 75050
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1982
Total area
76,986 SF
Lot
3.05 ac (132,727 SF)
APN
6518-A-1
UPID
US82-2711360
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
-
Andrews-Dillingham Properties Real Estate Agency
-
Jennifer Cook Physician
-
Einhorn Engineering Engineering Consultant
-
Animal Farm Tattoo Tattoo & Piercing Shop
-
Orion Engineers General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$8.44M
Blend (final)
Blend
$8.42M
Owner & transaction history
Adp Carrier 360 LLC · 14 yrs held
Adp Carrier 360 LLC
since 2012
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$12.2M
+33.4%
Restaurant
$10.4M
+14.3%
Retail stores
$9.5M
+4.4%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Grand Prairie submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Grand Prairie submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$9,125,000
Current use
COMMERCIAL (GENERAL)
$12,170,000
Change: +33% · Conversion: Easy
RESTAURANT
$10,430,000
Change: +14% · Conversion: Moderate
RETAIL STORES
$9,525,000
Change: +4% · Conversion: Moderate
AUTO REPAIR, GARAGE
$8,450,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$8.42M
Range $7.58M – $9.26M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$109 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$153,682
Tax year 2023
Assessed value
$6,750,000
Assessed 2024
Previous assessed
$6,750,000
+0.0% YoY
Effective rate
2.28%
On assessed value
Assessed land
$1,327,110
Assessed improvement
$5,422,890
Land market value
$1,327,110
Improvement market value
$5,422,890
Total market value
$6,750,000
Applied tax rate
224.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
For Lease
Year built
1982
Heating
NONE
Stories
4
Total area
76,986 SF
Lot
3.05 ac (132,727 SF)
APN
6518-A-1
UPID
US82-2711360
Jurisdiction
TARRANT
Metro division
FORT WORTH-ARLINGTON, TX METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$9.1M
COMMERCIAL (GENERAL)
Est. value
$12.2M
RESTAURANT
Est. value
$10.4M
RETAIL STORES
Est. value
$9.5M
AUTO REPAIR, GARAGE
Est. value
$8.5M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
RESTAURANT
RETAIL STORES
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1982
Heating
NONE
Stories
4
Lot
3.05 ac
Current owner
From public records · entity-resolved
Adp Carrier 360 LLC
Entity
Free & Clear · 14 yrs held
Mailing address
2080 N STATE HWY 360TH STE #120, GRAND PRAIRIE, TX 75050-1452
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 22, 2012
—
Adp Carrier 360 LLC
Carrier 360 Office Assocs Lllp
Quit Claim Deed
related
—
—
—
Carrier 360 Office Assocs
—
Deed Of Trust
related
$3,500,000 · American Strategic Income Port
—
—
Carrier 360 Office Assocs Lllp
—
Deed Of Trust
related
$3,500,000 · American Strategic Income Port
—
—
Carrier 360 Office Assocs Lllp
—
Deed Of Trust
related
$3,500,000 · American Strategic Income Port
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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