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Property profile & analytics
OFF-MARKET Estimated value $2,585,000
Outlet malls

2650 State Hwy 161 Grand Prairie, TX 75052-7205

196,141 SF 19.62 ac lot Built 2016
Entity Owned Absentee Owner Free & Clear
Property ID
US83-0056308
Property summary
AI-generated overview

This exceptional 6,000 square foot retail space is situated in a prime Grand Prairie location at 2650 State Hwy 161, zip code 75052, within Dallas County, Texas. The property boasts a total building size of 6,000 square feet, all of which is currently vacant and ready for immediate occupancy. The lot size encompasses 0.87 acres, providing ample space for potential expansion or outdoor amenities. The property's strategic location benefits from its proximity to well-established distribution centers to the west and a dense residential population to the east, ensuring a robust customer base. The recent completion of the SH-161 extension in 2012 has significantly improved accessibility, creating a major thoroughfare connecting I-30 and I-20. This enhances the property's visibility and accessibility for both customers and employees. The property is classified as Retail, Land and is part of a strip center with multiple tenancies. This presents a unique opportunity for businesses seeking high visibility and convenient access within a thriving commercial area. The property is ideal for a variety of retail uses, capitalizing on the high traffic volume and strong demographics of the surrounding area. This is a rare opportunity to secure a substantial retail space in a highly desirable location.

Property profile
Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 2016
Construction TILT-UP CONCRETE
Total area 196,141 SF
Lot 19.62 ac (854,604 SF)
Zoning code Z31
APN 280772600A0010000
UPID US83-0056308
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
  • Sunita Sunesra Physician
  • Walmart Garden Center Garden Center
  • KeyMe Locksmiths Locksmith (Bike/Boat/Book/etc) Store
  • Walmart Money Center Check Cashing
  • Woodforest National Bank ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.59M
Owner & transaction history
WAL MART REAL EST BUSINESS
WAL MART REAL EST BUSINESS
Zoning & alternative use
Z31 · Grand Prairie, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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