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    Property profile & analytics
    OFF-MARKET Estimated value $785,000
    Individual retail properties

    3105 William D Tate Ave, Grapevine, TX 76051-4309

    20,740 SF 5.2 ac lot Built 2022
    Entity Owned 2-yr Hold Absentee Owner Free & Clear
    Property ID
    US82-0428953
    Property summary
    AI-generated overview

    This exceptional 0.98-acre commercial lot, located at 3105 William D Tate Ave in Grapevine, Texas, 76051, presents a unique investment opportunity. Zoned for Community Commercial use, this single-tenant property offers unparalleled visibility and accessibility. The property's strategic location is directly adjacent to a newly opened, high-traffic fitness center, boasting up to 1,000 customer check-ins daily, primarily targeting the 18-35 demographic and families. This translates to significant foot traffic and drive-by visibility, ideal for businesses seeking high exposure. The fitness center's robust youth programs further enhance the potential customer base, creating opportunities for businesses catering to families and individuals with children. This prime location offers significant potential for cross-promotional marketing opportunities with the adjacent fitness center, allowing for synergistic partnerships and increased brand awareness. The property's total building square footage is currently listed as 1 square foot, indicating potential for new construction or redevelopment. This presents a blank canvas for a discerning investor or business owner to create a thriving commercial venture in a vibrant and growing community. The property's size and location make it suitable for a variety of retail uses.

    Property profile
    Verified
    Property type Individual retail properties
    Use group GYM, HEALTH SPA
    Year built 2022
    Total area 20,740 SF
    Lot 5.2 ac (226,512 SF)
    APN 7406-1-2A
    UPID US82-0428953
    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
    • Movement Grapevine Gym & Fitness Center
    • Summit Climbing, Yoga and Fitness Gym & Fitness Center
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $805k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $764k
    Blend (final) Blend
    $785k
    Owner & transaction history
    Simple Twist LLC · 2 yrs held
    Simple Twist LLC
    since 2023
    2 recorded transactions
    2026
    2023
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Auto repair, garage $945,000 +56.8%
    Neighborhood: shopping center $860,000 +42.9%
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