Property profile

3601 William D Tate Ave Grapevine, TX 76051

OFF-MARKET
Commercial land
Property ID
US82-0058617
2.55 ac lot
Entity Owned 4-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional ±2.55-acre (approximately 111,078 square feet) commercial land parcel presents a prime development opportunity in the vibrant Grapevine, Texas market. Ideally situated on William D. Tate Avenue, the property boasts significant visibility and direct frontage to State Highway 121, ensuring high traffic exposure for any future development. The site is zoned O1-Office, providing flexibility for a variety of commercial projects. Utilities are already in place, significantly reducing development costs and timelines. This build-ready pad site offers a unique advantage with below-market pricing, making it an attractive investment. The location is easily accessible, situated near the intersection of SH 121 and Hall Johnson Road, providing convenient access to major transportation arteries and a strong local workforce. This is a rare opportunity to acquire a large, well-located, and fully-serviced commercial land parcel in a rapidly growing area. The build-to-suit option allows for customized development to meet specific business needs. Don't miss this chance to secure a prime piece of real estate in the heart of Grapevine's thriving commercial corridor. The property is located in Tarrant County, Texas, with a zip code of 76051. The coordinates are 32.8971575 latitude and -97.0974593 longitude.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 2.55 ac (111,078 SF)
APN 30588K-1-1RA
UPID US82-0058617

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Hardware & Home Improvement Home Appliance Store

Location

3601 William D Tate Ave Grapevine, TX 76051-7103
Grapevine metro Census 113709 DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$325k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$325k

Owner & transaction history

since 2022
1 recorded transaction
2022
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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