Property profile

2521 Timberline Dr Grapevine, TX 76051

FOR SALE
Commercial land
Property ID
US82-4659300
0.87 ac lot
Entity Owned 10-yr Hold Absentee Owner Free & Clear
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2521 Timberline Dr, Grapevine, TX 76051 For Sale
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2521 Timberline Dr, Grapevine, TX 76051
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Property summary

AI-generated overview

This exceptional 1-acre commercial land parcel presents a unique investment opportunity in the thriving city of Grapevine, Texas. Located at 2521 Timberline Dr, 76051, this property boasts a highly desirable Community Commercial (CC) zoning designation, opening doors to a wide array of development possibilities. The expansive lot size provides ample space for a new office building, or other commercial ventures. Its strategic location within Grapevine offers easy access to major transportation routes, ensuring convenient connectivity for businesses and employees. The property's address is 2521 Timberline Dr, Grapevine, TX 76051, with GPS coordinates of 32.909268037458 latitude and -97.10360227018032 longitude. The asking price for this prime commercial land is $500,000. Given its zoning and location, this property represents a compelling investment opportunity for developers and entrepreneurs seeking a foothold in a dynamic and growing Texas market. The versatility of the CC zoning allows for a range of commercial uses, making it an attractive prospect for those seeking a flexible and adaptable investment. This is a rare opportunity to acquire a sizable parcel of land in a prime Grapevine location, ready for immediate development.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.87 ac (37,854 SF)
APN 42185H-1-2
UPID US82-4659300

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2521 Timberline Dr Grapevine, TX 76051
Grapevine metro Census 113632 DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

since 2016
2 recorded transactions
2016
Price N/A
2012
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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