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Property profile & analytics
OFF-MARKET
Estimated value
$1,445,000
Office buildings
4101 William D Tate Ave Grapevine, TX 76051-5723
Individually Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-3495086
Property summary
AI-generated overview
This exceptional 3,930 square foot Class A office suite, located at 4101 William D. Tate Ave in Grapevine, Texas (zip code 76051), is immediately available for lease. Situated in a 25,062 square foot, two-story building constructed in 2006, this space offers excellent visibility from the heavily trafficked SH-121. The suite boasts nine private offices, a bullpen workspace, a dedicated conference area, and a convenient break room. The building is located in Tarrant County, approximately 20 miles northeast of Fort Worth. This is a sublet opportunity within a multi-tenant building. The property features ample parking with a ratio of 4 spaces per 1000 square feet. The minimum divisible space is 3,930 square feet, and the maximum contiguous space available is also 3,930 square feet. This move-in ready suite presents a fantastic opportunity for businesses seeking a modern and efficient workspace in a prime Grapevine location. The building is classified as Class A and offers a professional environment. Contact us today to schedule a viewing.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2006
Total area
25,900 SF
Lot
3.1 ac (135,167 SF)
APN
44729M-1-1
UPID
US82-3495086
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
-
Edwin Cruz Realtor Real Estate Agency
-
Chyna Ivery- Realtor Real Estate Agency
-
Capital Title - Grapevine Bank Loan Service
-
Ronald Wilson Real Estate Agency
-
Maulvi Kallon, Realtor Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.45M
Owner & transaction history
One For Israel · 1 yrs held
One For Israel
since 2025
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$2.2M
+19.9%
Commercial (general)
$2.2M
+18.5%
Restaurant
$2.1M
+12.1%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Grapevine submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Grapevine submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,860,000
Current use
RETAIL STORES
$2,230,000
Change: +20% · Conversion: Moderate
COMMERCIAL (GENERAL)
$2,205,000
Change: +19% · Conversion: Easy
RESTAURANT
$2,085,000
Change: +12% · Conversion: Moderate
MEDICAL BUILDING
$1,895,000
Change: +2% · Conversion: Easy
Blend value · Realmo final
$1.45M
Range $1.30M – $1.59M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$56 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$84,137
Tax year 2023
Assessed value
$5,370,000
Assessed 2024
Previous assessed
$5,018,800
+7.0% YoY
Effective rate
1.57%
On assessed value
Assessed land
$1,081,336
Assessed improvement
$4,288,664
Land market value
$1,081,336
Improvement market value
$4,288,664
Total market value
$5,370,000
Applied tax rate
224.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2006
Heating
NONE
Stories
2
Total area
25,900 SF
Lot
3.1 ac (135,167 SF)
APN
44729M-1-1
UPID
US82-3495086
Jurisdiction
TARRANT
Metro division
FORT WORTH-ARLINGTON, TX METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.9M
RETAIL STORES
Est. value
$2.2M
COMMERCIAL (GENERAL)
Est. value
$2.2M
RESTAURANT
Est. value
$2.1M
MEDICAL BUILDING
Est. value
$1.9M
OFFICE BUILDING Current
RETAIL STORES
COMMERCIAL (GENERAL)
RESTAURANT
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2006
Heating
NONE
Stories
2
Lot
3.1 ac
Current owner
From public records · entity-resolved
One For Israel
Individual
Mailing address
5403 CLEAR CRK DR, FLOWER MOUND, TX 75022-5282
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 20, 2025
—
One For Israel
Lakmiri Grapevine LLC
Deed
$3,510,405 · Great Plains National Bank
Jul 9, 2021
—
Lakmiri Grapevine LLC
Phillip B Malik JR
Special Warranty Deed
$4,443,750 · Independent Bank
Jul 8, 2021
—
Phillip B Malik JR
Dongina LLC
Special Warranty Deed
—
Sep 9, 2019
—
Dongina LLC
—
Deed
related
$2,550,000 · Plainscapital Bank
Apr 15, 2009
—
Dongina LLC
Malik,philip B JR
Grant Deed
—
Apr 30, 2008
—
Phillip B Malik JR
Rainier C-21 Acquisitions LP
Special Warranty Deed
$3,000,000 · Wells Fargo Bank NA
Dec 4, 2006
—
Rainier C-21 Acquisitions
Visions Southwest 40
Grant Deed
$4,536,000 · Rait Partnership LP
—
—
Phillip B Malik JR.
—
Deed Of Trust
related
$3,000,000 · Wells Fargo Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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