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Property profile & analytics
OFF-MARKET Estimated value $1,965,000
Showrooms

2221 Grauwyler Rd Irving, TX 75061-3295

8,648 SF 0.96 ac lot Built 1984
Entity Owned 7-yr Hold ~ Est. High Equity
Property ID
US82-0607484
Property summary
AI-generated overview

This exceptional value-add investment opportunity presents a fully leased, 15,020-square-foot industrial property situated on a 0.96-acre lot in Irving, Texas. The property, comprised of two single-story buildings, boasts 100% occupancy across five tenants under a triple-net (NNN) lease structure, providing stable income. Built in 1984, the Class C property features 13 loading docks, 61 parking spaces, and a generous 18-foot ceiling height. The flexible space is ideal for a variety of industrial and retail uses, as evidenced by its current tenant mix. Located at 2221 & 2219 E Grauwyler Rd, this prime location offers unparalleled accessibility, situated less than 0.4 miles from Loop 12 and Highway 183, providing convenient access to DFW International Airport and Dallas Love Field. The property is zoned SP1 and offers significant potential for future appreciation. The asking price is $2,300,000, representing a compelling $153.13 per square foot and a 5.81% capitalization rate. This is a rare opportunity to acquire a well-located, fully occupied industrial portfolio with strong income generation and significant upside potential.

Property profile
Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1984
Construction TILT-UP CONCRETE
Total area 8,648 SF
Lot 0.96 ac (41,600 SF)
Zoning code Z392
APN 321497800A0010000
UPID US82-0607484
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
  • TG Customz Shop Electronics & Wireless Store Auto Parts Store
  • DNA PDR Auto Repair Shop
  • C- Studios (Bike/Boat/Book/etc) Store Photography Service
  • A Miranda Forklift Corporate Office
  • Coe Builders Inc Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.93M
Comparable Approach Comparable
$2.00M
Blend (final) Blend
$1.97M
Owner & transaction history
Delta Elm Investment Group LLC · 7 yrs held
Delta Elm Investment Group LLC
since 2018
3 recorded transactions
2018
Price N/A
2015
Price N/A
2009
Price N/A
Zoning & alternative use
Z392 · Irving, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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