115 Main StGrand Prairie, TX 75050

Property Details for 115 Main St

Year built

1950

Construction

TILT-UP CONCRETE

Lot size

0.13 AC

Property size (Sq ft)

2,384 SF

Zone code

Z20

Property type

Retail space

APN

28000500010090000

APU

28000500010090000

Description

This exceptional 1,425 square foot retail space is perfectly situated in Grand Prairie's thriving Main Street District. Located in Dallas County, this single-tenant property offers a versatile layout ideal for a variety of retail or office uses, as permitted by the CA zoning designation. The property boasts a convenient location, just five minutes from the George Bush Turnpike and I-30, providing easy access to the entire Dallas-Fort Worth Metroplex. Within a short walk, you'll find the Grand Prairie Farmer's Market, the newly constructed Dallas County Courthouse, and other municipal buildings, ensuring high visibility and foot traffic. The space itself features a well-designed interior, including two private offices, a central lounge area perfect for employee breaks or client meetings, a welcoming reception area, and a functional backroom complete with a kitchen. Ample parking is available both in the front and rear of the building, ensuring convenience for both employees and customers. This property presents a unique opportunity to establish a business in a rapidly developing area with strong community engagement and excellent infrastructure. All potential tenants are responsible for verifying details such as zoning, measurements, and usable area. Information provided is believed to be accurate but is not guaranteed.

• CAP approach

  CAP return

  Valuation

  6%

  $597,702

  6.5%

  $551,725

  7%

  $512,316

• Comparable approach

  Method

  Valuation

  Relative Method

  $655,533

  Geo Method

  $1,798,639

• Alternative Use

  Use

  Valuation

  Residential

  $465,400

  Hospitality

  $426,304

  Educational

  $354,680

  Medical

  $366,878

  Retail

  $551,725

Location Insight

City

Grand Prairie

County

Dallas

State

Texas

Latitude

32.7453

Longitude

-97.0028

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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