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Property profile & analytics
OFF-MARKET
Commercial land

3601 William D Tate Ave Grapevine, TX 76051-7103

2.55 ac lot
Entity Owned 4-yr Hold Absentee Owner Free & Clear
Property ID
US82-0058617
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Norris LLC Hardware & Home Improvement Home Appliance Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Nerf Enterprises · 4 yrs held
Nerf Enterprises
since 2022
1 recorded transaction
2022
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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