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
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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