701 W DICKEY ROAD, GRAND PRAIRIE, TX 75051
Homes for sale in Grand Prairie.
Homes for sale in 75051.
List Price$895,000
701 W Dickey Road
Grand Prairie, TX 75051
Listing #21312934
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.
Schools
Walk Score
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