1701 William D Tate AveGrapevine, TX 76051
- Turn key restaurants
- 7,829 SF
Property Details for 1701 William D Tate Ave
- Year built
- 1995
- Lot size
- 1.19 AC
- Property size (Sq ft)
- 7,829 SF
- Property type
- Turn key restaurants
- APN
- 8898-2-1R1
- APU
- 889821R1
Description
This exceptional retail opportunity presents a 7,885 square foot space within the established Grapevine Restaurant complex, located at 1701 William D Tate Ave, Grapevine, TX 76051. The property boasts a total building size of 76,666 square feet, situated on a 1.76-acre lot. Built in 1995, this single-story building is zoned CC and offers a prime location in Grapevine, Texas. The property features a multiple tenancy structure, providing potential for diverse business opportunities. While there are no elevators, the single-story design ensures easy accessibility. This listing specifically highlights the 7,885 square feet of currently vacant space, ideal for a variety of restaurant or retail concepts. The property's prominent location and existing infrastructure offer a significant advantage for prospective tenants seeking a well-established and high-traffic area. The substantial lot size provides ample space for potential expansion or outdoor seating. This is a rare opportunity to acquire a significant portion of a well-established commercial property in a thriving Texas market. The property's history and existing infrastructure offer a strong foundation for future success. Serious inquiries are encouraged to explore this unique investment potential.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,753,570
- 6.5%
- $1,618,680
- 7%
- $1,503,060
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,057,200
- Geo Method
- $979,665
-
Alternative Use
- Use
- Valuation
- Industrial / Distribution
- $3,174,640
- Mixed-Use / Specialty
- $1,605,610
- Hospitality / Lodging
- $1,168,480
- Office
- $1,588,470
- Institutional / Educational
- $1,666,580
- Residential Income
- $1,949,900
- Multifamily
- $2,379,060
- Automotive / Energy
- $1,428,500
- Parking / Income-Based Land
- $500,166
- Restaurant / Food Service
- $819,516
- Healthcare / Senior Housing
- $1,654,010
Location Insight
- City
- Grapevine
- County
- Tarrant
- State
- Texas
- Latitude
- 32.9222
- Longitude
- -97.0903
- CBSA code
- 19100
- CBSA name
- DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].