Property summary
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
VerifiedCap rate & NOI
Current use
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Gym & Fitness Center
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Gym & Fitness Center
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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