2604 W Marshall Dr Grand Prairie, TX 75051
For Lease
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This exceptional investment opportunity presents a 10,000 square foot flex building situated on a 0.61-acre lot in Grand Prairie, Texas. The property, located at 2604 W. Marshall Dr., 75051, is classified as Class C industrial and features a multi-tenant configuration. Built in 1985, the single-building property is zoned for Light Industrial (LI) use and offers four 2,500 square foot suites. Each suite provides convenient grade-level access via four exterior doors. Ample parking is available, with a ratio of 2.9 spaces per 1,000 square feet. The building is currently multi-tenant occupied, with lease expirations staggered throughout the year (November 24th, April 25th, December 25th, and January 27th). The asking price is $1,600,000. While the current Net Operating Income (NOI) is $0 and the cap rate is 0.00%, this presents a unique opportunity for an investor to reposition the property and maximize its income potential. The property's location in Grand Prairie, within Dallas County, offers excellent access to major transportation arteries and a thriving local economy. This freestanding rear-load flex quadplex presents a strong value-add opportunity for a savvy investor seeking a multi-tenant industrial property in a desirable Texas location.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.