2155 State Highway 360Grand Prairie, TX 75050

  • Drive through restaurants
  • 3,443 SF

Property Details for 2155 State Highway 360

Year built
2016
Lot size
1.05 AC
Property size (Sq ft)
3,443 SF
Property type
Drive through restaurants
APN
42072K-A-1
APU
42072KA1

Description

This exceptional 3,480 square foot retail property, situated on a 1.048-acre lot in Grand Prairie, Texas, presents a compelling investment opportunity. Located directly off the exit ramp of State Highway 360, this property boasts unparalleled visibility and accessibility. A prominent pylon sign ensures high brand recognition from the busy highway. The convenient ingress and egress make it easily accessible for customers. The property's features extend beyond its prime location, including a desirable outdoor patio area, perfect for expanding business operations or creating a welcoming customer experience. Further enhancing its appeal is the inclusion of a drive-thru lane, a highly sought-after feature for quick-service restaurants and other businesses. The property's address is 2155 N State Hwy 360, Grand Prairie, TX 75050, within Tarrant County. This high-traffic location, combined with the property's attractive features, makes it an ideal investment for a variety of businesses seeking a strong presence in a thriving market. The property is currently for sale and offers significant potential for growth and return on investment. This is a rare opportunity to acquire a well-positioned retail property with exceptional visibility and convenient access.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $863,208
    6.5%
    $796,807
    7%
    $739,892
  • Comparable approach

    Method
    Valuation
    Relative Method
    $946,728
    Geo Method
    $2,597,616
  • Alternative Use

    Use
    Valuation
    Residential
    $672,136
    Hospitality
    $615,673
    Educational
    $512,233
    Medical
    $529,850
    Retail
    $796,807

Location Insight

City
Grand Prairie
County
Tarrant
State
Texas
Latitude
32.7868
Longitude
-97.06
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
$33,013
$730,414
$1,081,289
$1,811,703
-
$730,414
$1,081,289
$1,811,703

FAQs

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