3600 William D Tate AveGrapevine, TX 76051

Property Details for 3600 William D Tate Ave

Year built

1996

Lot size

2.26 AC

Property size (Sq ft)

20,151 SF

Property type

Office buildings

APN

25352-1-1

APU

2535211

Description

Western Oaks Centre, located at 3600 William D Tate Ave in Grapevine, Texas, 76051, offers a prime opportunity for businesses seeking flexible office space. This single-story, Class B building, totaling 19,759 square feet, underwent renovations in 2024. The property features three suites available, ranging from 6,494 to 6,704 contiguous square feet, making it suitable for a variety of needs, including medical, creative, traditional, and executive office uses. Built in 1996, the building boasts a 12-foot ceiling height and ample parking with 113 spaces. Its convenient location on Hwy 121 provides excellent visibility and accessibility, with over 112,000 vehicles passing daily. The property sits on 2.26 acres of land and includes existing furniture, fixtures, and equipment (FFE) in the available spaces. While elevators are not present, the single-story design ensures easy navigation. This property presents a unique opportunity to establish a presence in a thriving Grapevine location.

• CAP approach

  CAP return

  Valuation

  6%

  $4,481,440

  6.5%

  $4,136,710

  7%

  $3,841,230

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,655,880

  Geo Method

  $2,424,570

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $8,280,920

  Retail / Commercial

  $4,219,660

  Mixed-Use / Specialty

  $4,183,530

  Hospitality / Lodging

  $3,041,870

  Institutional / Educational

  $4,341,650

  Residential Income

  $5,079,730

  Multifamily

  $6,209,250

  Automotive / Energy

  $3,721,410

  Parking / Income-Based Land

  $1,305,050

  Restaurant / Food Service

  $2,130,880

  Healthcare / Senior Housing

  $4,311,750

Location Insight

City

Grapevine

County

Tarrant

State

Texas

Latitude

32.8982

Longitude

-97.1006

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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