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Property profile & analytics
OFF-MARKET Estimated value $1,130,000
Retail space

217 Main St Grand Prairie, TX 75050-5692

5,634 SF 0.31 ac lot Built 1986
Entity Owned 4-yr Hold Free & Clear
Property ID
US83-1572548
Property summary
AI-generated overview

This exceptional Grand Prairie property, located at 217 W Main Street (cross streets: 3rd Street), offers 3,395 square feet of prime commercial space currently available for lease. The building, completely renovated in 2024, is ideally suited for executive office use, though its flexible design also accommodates retail or restaurant tenants. Multiple tenancy options are available, with spaces ranging from a minimum of 1,255 square feet to a maximum contiguous space of 2,140 square feet. The entire 3,395 square feet is currently vacant, presenting a unique opportunity for a single tenant to occupy the entire building or for multiple tenants to lease individual suites. The property is conveniently located in Dallas County, Texas, with zip code 75050, and boasts adequate parking for tenants and their clients. The building's modern design and recent renovation ensure a high-quality, functional workspace. This is a rare opportunity to secure a well-maintained, versatile commercial space in a desirable Grand Prairie location. The property's classification includes Retail, Office, and Restaurant uses, offering flexibility for a variety of businesses. Interested parties should inquire about lease terms and availability.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1986
Construction TILT-UP CONCRETE
Total area 5,634 SF
Lot 0.31 ac (13,324 SF)
Zoning code Z20
APN 28219500070020000
UPID US83-1572548
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
  • Attorney General Corporate Office
  • Grand Air Conditioning Contractor HVAC Service General Contractor
  • West Main Street Medical Clinic
  • Clinica Medica Salve Medical Clinic
  • Southern K9 Texas, LLC. Animal Training
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.20M
Comparable Approach Comparable
$1.07M
Blend (final) Blend
$1.13M
Owner & transaction history
Grand Glenview LP · 4 yrs held
Grand Glenview LP
since 2021
5 recorded transactions
2021
Price N/A
2015
Price N/A
2014
Price N/A
2006
Price N/A
2002
Price N/A
Zoning & alternative use
Z20 · Grand Prairie, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $890,000 +27.8%
Restaurant $765,000 +9.5%
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