701 W DICKEY ROAD, GRAND PRAIRIE, TX 75051

Homes for sale in Grand Prairie.

Homes for sale in 75051.


Active

List Price$895,000

701 W Dickey Road

Grand Prairie, TX 75051

Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #21312934

1,540

Square Feet

1

Number of Units

Commercial

Type

About This Property

investment Opportunity -- Income-Producing Commercial Property Excellent opportunity to acquire a well-located commercial property in the heart of Grand Prairie. The property is currently leased, providing immediate rental income from day one. The existing lease rate is significantly below current market value, offering exceptional upside potential through future rent increases upon lease renewal or expiration. This property is ideal for both investors and owner-users. Continue collecting rental income while planning for future occupancy or maximize returns by bringing the lease to market rates when the opportunity arises. Property Highlights: -Income-producing property with an established tenant. -Current lease is well below market rent, creating significant value-add potential. -Excellent opportunity for investors or future owner-users. -Prime location with great visibility and easy access to major highways. -Strong long-term appreciation and income growth potential. -Don't miss this rare opportunity to own a commercial property with immediate cash flow and outstanding future upside

Property Features

Location Information

County

Dallas

Subdivision

na

Interior Features

Has Fireplace

No

Floors

Concrete

Heating

Central, Electric

Tenant Pays

All Utilities

Cooling

Central Air, Ceiling Fan(s), Electric

Total Number of Units

1

Exterior Features

Construction

Board & Batten Siding, Brick, Concrete

Lot Size in Sq. Ft.

15,681

Foundation

Other

Possible Best Use

Automotive

Roof

Metal

Zoning

Commerical

Utilities

Cable Available, Sewer Available, Water Available

Building Total Area (Sq. Ft.)

1,540

Parking Description

Additional Parking

Is One Story

No

Lot Size in Acres

0.36

Additional Information

Year Built Details

Preowned

Status

Active

Property Type

COM

Tax Annual Amount

2864.0

Property SubType

Business

Lot Acres Source

Public Records

Year Built

1957

Similar Listings

Mortgage Calculator

$4,178

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$3,225

Monthly Tax

$745

Monthly Insurance

$208

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

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