Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    705 Jefferson St Grand Prairie, TX 75051-1643
    Back to Search
    Property profile & analytics

    705 Jefferson St Grand Prairie, TX 75051-1643

    View on Map
    • Warehouses
    • 4,000 SF
    • 0.15 lot acres
    Off-Market
    Property ID
    US82-2002425
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • NEXT GEN. TRADING / Corporate Office / Financial Advisor
    • The Hemp Club - Cannabis Dispensary / (Bike/Boat/Book/etc) Store
    • Xpert Staffing / Employment Agency
    • Xact Taxes / Accounting Firm / Tax Preparation

    Property Details for 705 Jefferson St

    Year built
    1954
    Construction
    TILT-UP CONCRETE
    Lot size
    0.15 lot acres
    Property size
    4,000 SF
    Zone code
    Z31
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    28092500020180000
    APU
    28092500020180000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Grand Prairie
    County
    Dallas
    State
    Texas
    Longitude
    -97.0117
    Latitude
    32.7427
    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
    $4,015
    $19,500
    $155,060
    $174,560
    -
    $19,500
    $155,060
    $174,560

    Comparable in this City

    • Value Estimation
      $5,650,000
      249,600 SF

      2211 Marshall Dr

      MINI-WAREHOUSE, STORAGE • 249,600 SF
      2211 Marshall Dr, Grand Prairie, TX 75051
      View Details
    • Value Estimation by Request
      11,200 SF

      3706 Jefferson St

      MINI-WAREHOUSE, STORAGE • 11,200 SF
      3706 Jefferson St, Grand Prairie, TX 75051-2424
      View Details
    • Value Estimation
      $1,065,000
      35,962 SF

      200 Pioneer Pkwy

      MINI-WAREHOUSE, STORAGE • 35,962 SF
      200 Pioneer Pkwy, Grand Prairie, TX 75051-4945
      View Details
    • Value Estimation by Request
      15,200 SF

      310 4th St

      MINI-WAREHOUSE, STORAGE • 15,200 SF
      310 4th St, Grand Prairie, TX 75051-1954
      View Details
    • Value Estimation by Request
      12,150 SF

      403 Camden Rd

      MINI-WAREHOUSE, STORAGE • 12,150 SF
      403 Camden Rd, Grand Prairie, TX 75051-2402
      View Details
    • Value Estimation by Request
      4,000 SF

      411 Dallas St

      MINI-WAREHOUSE, STORAGE • 4,000 SF
      411 Dallas St, Grand Prairie, TX 75051-1941
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      48,000 SF

      Industrial Property with Outdoor Storage

      48,000 SF industrial property with office and outdoor storage.
      1771 Robinson Rd, Grand Prairie, TX 75051
      View Details
    • Contact for pricing
      260,056 SF

      Industrial Distribution Center For Sale

      260,056 SF front load industrial distribution center available for sale.
      480 Camden Rd, Grand Prairie, TX 75051
      View Details
    • $1,799,000
      0.41 Acres

      Grand Prairie Retail/Restaurant Opportunity

      Restaurant/Bar/Night Club opportunity near Arlington stadiums. Remodeled with ample parking.
      2601 W Jefferson St, Grand Prairie, TX 75051
      View Details
    • Contact for pricing
      6,066 SF

      Grand Prairie Commercial Building For Sale

      6,066 SF building in Grand Prairie, TX for sale.
      643 S Great Pkwy SW, Grand Prairie, TX 75051
      View Details
    • Contact for pricing

      Grand Prairie Mixed-Use Development Land

      Land available in Grand Prairie Entertainment & Retail District.
      3511 S State Highway 161, Grand Prairie, TX 75051
      View Details
    • $4,900,000
      5.38 Acres

      Grand Prairie Land For Sale

      5.379 acres of unimproved land in Grand Prairie, Texas.
      3900 Robinson Rd, Grand Prairie, TX 75051
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      Pending

      Grand Prairie Warehouse Space

      Warehouse space available for lease in Grand Prairie, Texas.
      830 SW 14Th St, Grand Prairie, TX 75051
      View Details
    • Contact for pricing
      108,060 SF

      Grand Prairie Warehouse Space Available

      106,580 square foot warehouse space for lease.
      1801 S Great Southwest Pkwy, Grand Prairie, TX 75051
      View Details
    • Contact for pricing
      8,466 SF

      Grand Prairie Warehouse Space Available

      Industrial warehouse space with dock doors and highway access.
      1922-1938 N Great Southwest Pkwy, Grand Prairie, TX 75051
      View Details
    • Contact for pricing
      Pending

      Grand Prairie Warehouse Space Available

      Warehouse space available for rent in Grand Prairie, Texas.
      225 SW 14Th St, Grand Prairie, TX 75051
      View Details
    • Contact for pricing
      77,510 SF

      Industrial Space Near DFW Airport

      Industrial property with fenced truck court, near major transportation routes.
      601-807 Parkway Dr, Grand Prairie, TX 75051
      View Details
    • Contact for pricing

      Grand Prairie Industrial/Flex Space

      Four-building industrial/flex property with grade-level loading.
      2701-2749 S Great Southwest Pkwy, Grand Prairie, TX 75051
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    705 Jefferson St
    Grand Prairie, TX 75051-1643
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    705 Jefferson St, Grand Prairie, TX, 75051
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!