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    3105 William D Tate Ave Grapevine, TX 76051-4309
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    Property profile & analytics

    3105 William D Tate Ave Grapevine, TX 76051-4309


    • Individual retail properties
    • 20,740 SF
    • 5.20 lot acres
    Off-Market
    Last Sale Feb 24, 2020
    Property ID
    US82-0428953
    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
    $785,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Movement Grapevine / Gym & Fitness Center
    • Summit Climbing, Yoga and Fitness / Gym & Fitness Center

    Property Details for 3105 William D Tate Ave

    Year built
    2022
    Lot size
    5.20 lot acres
    Property size
    20,740 SF
    Property type
    Individual retail properties
    APN
    7406-1-2A
    APU
    740612A

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $805,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $764,000
      Market price range: $353k - $852k
    • Alternative Use

      Use
      Estimation
      GYM, HEALTH SPA
      $600,000
      Current use
      AUTO REPAIR, GARAGE
      $945,000
      Change: +57% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $860,000
      Change: +43% Conversion: Difficult

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


    Location Insight

    • Map
    • Local Demand
    City
    Grapevine
    County
    Tarrant
    State
    Texas
    Longitude
    -97.0959
    Latitude
    32.9047
    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
    $50,293
    $792,816
    $2,282,184
    $3,075,000
    -
    $792,816
    $2,282,184
    $3,075,000
    More about this property
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