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    OFF-MARKET
    Commercial land

    850 Conover Dr, Grand Prairie, TX 75051

    3.22 ac lot
    Entity Owned 7-yr Hold Free & Clear
    Property ID
    US82-9496655
    Property summary
    AI-generated overview

    This exceptional 3.22-acre commercial land parcel presents a prime investment opportunity in Grand Prairie, Texas. Located at 850 Conover Dr, in Dallas County, zip code 75051, this property boasts a highly desirable Commercial zoning designation, making it suitable for a wide range of commercial developments. The site is strategically positioned within a thriving commercial area, anchored by a Club 4 Fitness center, ensuring high visibility and convenient access for potential businesses. All utilities are readily available, simplifying the development process and minimizing upfront costs. The lot size offers ample space for a variety of projects, from retail establishments to office buildings, or other commercial ventures. The property's location in Grand Prairie, Texas, provides easy access to major transportation routes, ensuring excellent connectivity for employees and customers. This is an exceptional opportunity to acquire a well-located, commercially zoned land parcel in a rapidly growing area. The asking price is undisclosed, and the property is available for both ground lease and outright sale. Interested parties are encouraged to inquire for further details and pricing information. Coordinates are 32.73857494 latitude and -97.01535984 longitude.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Lot 3.22 ac (140,263 SF)
    Zoning code Z31
    APN 280536600E02R0000
    UPID US82-9496655
    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
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Landmark Plaza LLC · 7 yrs held
    Landmark Plaza LLC
    since 2019
    3 recorded transactions
    2020
    2019
    1969
    Zoning & alternative use
    Z31 · Grand Prairie, TX
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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