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2703 Arkansas Ln Grand Prairie, TX 75052

Commercial land Google Maps
2 ac lot
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
Estimated value (blended)
$310k
Range $279k – $341k (±10%)
Property ID US82-5513996

Property summary

AI-generated overview

This exceptional industrial warehouse property, located at 2703 Arkansas Ln in Grand Prairie, Texas, offers a prime opportunity for businesses seeking flexible space solutions. The building, totaling 17,936 square feet, is situated on a generous 5.43-acre lot and is zoned LI - Light Industrial within Dallas County. The property boasts a single building and is currently configured for multiple tenants. Units are available ranging from a minimum of 5,000 square feet up to the entire 17,936 square feet contiguous space. This allows for adaptability to suit various business needs, from smaller operations to larger-scale enterprises. The strategic location offers convenient access to Highway 360, ensuring seamless transportation and logistics. Southernmost parcels also benefit from frontage and access to Aero Dr, providing additional logistical advantages. The property is planned for delivery in mid-2024, presenting a timely opportunity to secure a modern and efficient warehouse space in a thriving industrial area. The property's zip code is 75052. This is an excellent opportunity to establish or expand your business in a well-connected and rapidly developing area of Grand Prairie.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 2 ac (86,989 SF)
APN 14495-B-1-04
UPID US82-5513996

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$310k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$310k

Owner & transaction history

since 2017
1 recorded transaction
2017
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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More about this property
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