Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3031 Cp Wisdom Rd Grand Prairie, TX 75052-4463
    Back to Search
    Property profile & analytics

    3031 Cp Wisdom Rd Grand Prairie, TX 75052-4463

    View on Map
    • Drive through restaurants
    • 5,550 SF
    • 1.25 lot acres
    Off-Market
    Property ID
    US82-3282592
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • McDonald's / Restaurant / Take-out & Catering

    Property Details for 3031 Cp Wisdom Rd

    Year built
    2008
    Lot size
    1.25 lot acres
    Property size
    5,550 SF
    Property type
    Drive through restaurants
    APN
    23213P-A-6R
    APU
    23213PA6R

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Grand Prairie
    County
    Tarrant
    State
    Texas
    Longitude
    -97.0583
    Latitude
    32.6475
    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
    $38,705
    $860,123
    $739,877
    $1,600,000
    -
    $860,123
    $739,877
    $1,600,000

    Comparable in this City

    • Value Estimation by Request
      2,204 SF

      5010 State Hwy 360

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,204 SF
      5010 State Hwy 360, Grand Prairie, TX 75052-8220
      View Details
    • Value Estimation by Request
      2,970 SF

      2660 State Hwy 161

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,970 SF
      2660 State Hwy 161, Grand Prairie, TX 75052-7205
      View Details
    • Value Estimation by Request
      2,720 SF

      2620 State Hwy 161

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,720 SF
      2620 State Hwy 161, Grand Prairie, TX 75052-7205
      View Details
    • Value Estimation
      $525,000
      4,250 SF

      1220 Arkansas Ln

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,250 SF
      1220 Arkansas Ln, Grand Prairie, TX 75052-7368
      View Details
    • Value Estimation by Request
      1,812 SF

      3970 Belt Line Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,812 SF
      3970 Belt Line Rd, Grand Prairie, TX 75052-7117
      View Details
    • Value Estimation by Request
      2,500 SF

      2514 Belt Line Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,500 SF
      2514 Belt Line Rd, Grand Prairie, TX 75052-5342
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Retail Property in Grand Prairie

      Retail property available for sale in Grand Prairie, Texas.
      Sec Sh 161 & Mayfield Rd, Grand Prairie, TX 75052
      View Details
    • Contact for pricing
      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
    • $8,070,000
      12,474 SF

      Retail Center in Grand Prairie

      Fully occupied retail center in a high-traffic location.
      3450 S State Highway 161, Grand Prairie, TX 75052
      View Details
    • $13,969,050
      30,000 SF

      Grand Prairie Commercial Property

      30,000 sqft commercial property in Grand Prairie, Texas.
      2680 Aero Dr, Grand Prairie, TX 75052
      View Details
    • $2,250,000
      2.58 Acres

      Grand Prairie Retail Land Available

      2.58 acre hard corner site in Grand Prairie, TX.
      855 Mayfield Rd, Grand Prairie, TX 75052
      View Details
    • $43,134,000
      46,615 SF

      Topgolf Net Lease Investment Opportunity

      New Topgolf net lease in Dallas-Fort Worth MSA.
      3670 S State Highway 161, Grand Prairie, TX 75052
      View Details

    Similar Nearby for Lease

    • 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
    • Contact for pricing

      Grand Prairie Standalone Building ForRent

      4,500 SF standalone building with patio available for rent.
      2961 State Highway 161, Grand Prairie, TX 75052
      View Details
    • Contact for pricing
      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

      Retail Space For Lease

      Retail space available for lease in Grand Prairie, Texas.
      2985 Tx-360, Grand Prairie, TX 75052
      View Details
    • Contact for pricing
      3,108 SF

      Retail Space in Grand Prairie

      Retail space available in a busy Grand Prairie shopping center.
      5244 S State Highway 360, Grand Prairie, TX 75052
      View Details

    Property Visit Statistics

    • Visits by month
      62.7k
    • Visitors by month
      39.3k
    • Avg Time on site
      14 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3031 Cp Wisdom Rd
    Grand Prairie, TX 75052-4463
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    3031 Cp Wisdom Rd, Grand Prairie, TX, 75052
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!