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Property profile & analytics
OFF-MARKET Estimated value $4,525,000
Office buildings

2304 Oak Ln Grand Prairie, TX 75051-8812

177,760 SF 7.72 ac lot Built 1978
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US82-3651474
Property summary
AI-generated overview

This exceptional Grand Prairie, Texas office portfolio presents a compelling value-add investment opportunity. Comprising four two-story buildings totaling 177,761 square feet, this Class C property boasts a strong 9.37% cap rate and a net operating income (NOI) of $777,887, with an asking price of $8,300,000. Strategically located in Dallas County at 2304 Oak Ln, Grand Prairie, TX 75051, the property benefits from excellent visibility and accessibility, situated in a vibrant economic district. Its proximity to major highways, including I-20, ensures seamless commuting. The portfolio is approximately 15 minutes from AT&T Stadium, offering convenient access to a major entertainment venue and further enhancing its location appeal. The contemporary exterior and functional interior design make it suitable for a variety of businesses. This investment presents a strong potential for future appreciation within Dallas's thriving real estate market, making it an attractive opportunity for investors seeking a value-add project with significant upside potential in a prime location. The property's below-market price per square foot further enhances its investment appeal. This is a rare chance to acquire a substantial office portfolio in a high-growth area with excellent potential for long-term returns.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1978
Construction TILT-UP CONCRETE
Total area 177,760 SF
Lot 7.72 ac (336,370 SF)
Zoning code Z236
APN 65151904010110000
UPID US82-3651474
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
  • Bella Studio by Yeimy Spa & Massage Center Skin Care Clinic
  • Dom Mitchell Esthetics Medical Clinic Skin Care Clinic
  • Carols hair studio Hair Salon
  • RCA Plumbing LLC Plumbing Service General Contractor
  • FloFlourish Clothing Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.53M
Owner & transaction history
2304 Special LLC · 2 yrs held
2304 Special LLC
since 2024
5 recorded transactions
2024
Price N/A
2013
Price N/A
2012
Price N/A
2008
Price N/A
1969
Price N/A
Zoning & alternative use
Z236 · Grand Prairie, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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