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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2500 Mayfield Rd Grand Prairie, TX 75052

    • Investment properties
    • 15,800 SF
    • 25.84 lot acres
    OFF-MARKET
    Value Estimations
    $3,495,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-5159695
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Investment properties

    Property Details for 2500 Mayfield Rd

    Year built
    1976
    Lot size
    25.84 lot acres
    Property size
    15,800 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    A1614-4A01
    APU
    A16144A01

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $3,555,000
      6.5%
      $3,280,000
      7%
      $3,045,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $3,710,000
      Market price range: $3.08M - $4.29M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Grand Prairie
    County
    Tarrant
    State
    Texas
    Longitude
    -97.0537
    Latitude
    32.6946
    CBSA code
    19100
    CBSA name
    DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $23,023
    $844,192
    $305,808
    $1,150,000
    -
    $844,192
    $305,808
    $1,150,000

    Comparable in this City

    • Value Estimation
      $515,000
      2,434 SF

      3021 Doryn Dr

      OFFICE/RESIDENTIAL (MIXED USE) • 2,434 SF
      3021 Doryn Dr, Grand Prairie, TX 75052-8809
      View Details
    • Value Estimation by Request
      0.17 Acres

      2501 Mayfield Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 0.17 Acres
      2501 Mayfield Rd, Grand Prairie, TX 75052
      View Details
    • Value Estimation
      $3,120,000
      13,015 SF

      2602 Mayfield Rd, Unit 771

      OFFICE/RESIDENTIAL (MIXED USE) • 13,015 SF
      2602 Mayfield Rd, Grand Prairie, TX 75052-7246
      View Details
    • Value Estimation by Request
      17.00 Acres

      1700 Ih‐20

      Land • 17.00 Acres
      1700 Ih‐20, Grand Prairie, TX 75052
      View Details
    • Value Estimation by Request
      50,000 SF

      1000 Ikea Pl

      Retail properties • 50,000 SF
      1000 Ikea Pl, Grand Prairie, TX 75052
      View Details
    • Value Estimation by Request
      1.88 Acres

      Great Southwest Pkwy

      Land • 1.88 Acres
      0 Great Southwest Pkwy, Grand Prairie, TX 75052
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      17.00 Acres

      Grand Prairie Commercial Land - 17 Acres

      Prime 17-acre commercial tract, I-20 & Belt Line.
      1700 Ih‐20, Grand Prairie, TX 75052
      View Details
    • Contact for pricing
      0.03 Acres

      Land Parcel in Grand Prairie

      Unimproved land parcel near shopping and amenities in Grand Prairie.
      24 Medford Rd, Grand Prairie, TX 75052
      View Details
    • $13,969,050
      60,735 SF

      Grand Prairie Warehouse - $13.9M

      Texas industrial warehouse, 60,735 SF, 7 docks.
      2680 Aero Dr, Grand Prairie, TX 75052
      View Details
    • Contact for pricing

      Grand Prairie Retail Center

      Prime Retail Space, Dallas County, TX
      0 Sec Sh 161 & Mayfield Rd, Grand Prairie, TX 75052
      View Details
    • $3,108,375
      11,050 SF

      Grand Prairie NNN Retail Property

      NNN leased retail property with corporate guaranty and annual increases.
      4118 S Robinson Rd, Grand Prairie, TX 75052
      View Details
    • Contact for pricing
      48,600 SF

      Grand Prairie Industrial Distribution Space

      16,200 SF industrial space with docks and offices.
      3007 Red Hawk Dr, Grand Prairie, TX 75052
      View Details

    Similar Nearby for Lease

    • $12 SF/Yr
      17,936 SF

      Grand Prairie Warehouse Space Available

      17,936 SF Industrial Warehouse, Texas
      2703 Arkansas Ln, Grand Prairie, TX 75052
      View Details
    • Contact for pricing
      740,520 SF

      Prime I-20 & Beltline Land

      17 Acres, High Visibility, Commercial Pads
      1700 I-20, Grand Prairie, TX 75052
      View Details
    • $38 SF/Yr
      10,150 SF

      Retail/Office Space on 161

      Retail/Office space for lease with frontage to 161.
      3400-3600 Robinson Rd, Grand Prairie, TX 75052
      View Details
    • Contact for pricing
      4,200 SF

      Retail Space Near I-20

      Retail space available in a busy community shopping center.
      3950 S Carrier Pkwy, Grand Prairie, TX 75052
      View Details
    • Contact for pricing
      19,374 SF

      Retail Space with Drive-Thru

      Proposed retail space with drive-thru, excellent access and visibility.
      6900 Lake Ridge Pkwy, Grand Prairie, TX 75052
      View Details
    • $12 SF/Yr
      135,157 SF

      Grand Prairie Retail Center - TX

      High-traffic retail space available. Multiple units, various sizes.
      2985 Tx-360, Grand Prairie, TX 75052
      View Details
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    2500 Mayfield Rd
    Grand Prairie, TX 75052
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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