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$1,100,000

Beds
5
Baths
4.0
sq ft
3,500

1509 W Shady Grove Rd, Grand Prairie, TX 75050

1509 W Shady Grove Rd

Grand Prairie, TX 75050

  • 136 days on market
Unique Property with GRANDFATHERED RESI DEED in a LIGHT INDUSTRIAL ZONING with many options for use! Also a great opportunity for a 1031 EXCHANGE as the property currently has a tenant paying a mo-2-mo lease! Less than half mile from Hwy 161, and less than 4 miles from Hwys 30 and 360. This property is nestled into a great location for distribution, construction, or commercial services! At a little over 1.75 acres, there is plenty of room for parking, storage, or construction - whatever you need to develop the property to your needs. The property has full fencing for security and 2 renovated buildings to live in and-or convert into business use. BOTH BUILDINGS HAVE BEEN RENOVATED! There are hardwood floors and granite countertops throughout. Building 1 has a large open reception or living room area with 3 separate rooms for either bedroom or private offices with private baths in each. Building 2 has private rooms and one bath. Your imagination is the limit at 1509!

Details

Property type

Farm

Est. home value

$1,187,636

Lot size

1.7606 acres

Price per sq ft

$315

Year built

1935

Annual property taxes

$0

Price History

02/19/2024
NTREIS

NTREIS #20538945

Listed
$1,100,000
02/18/2024
NTREIS

NTREIS #20538945

Removed
02/17/2024
NTREIS

NTREIS #20538945

Listed
$1,100,000

Schools & Community

Elementary school: 

Eisenhower

Middle school: 

Fannin

High school: 

Grand Prairie

School district: 

Grand Prairie ISD

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Constructive Loans Llc

Loan start date

February 2020

Original loan amount

$273,000

Est. remaining balance

Not provided

Interest rate

3.64%

Loan type

Commercial

Seller

Jose Lopez

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 07/02/2024 at 8:15 PM

Listing updated: 02/19/2024 at 1:53 PM

Listed by: Bobby Schleizer, Rogers Healy and Associates Phone #: (214) 368-4663

MLS: NTREIS #20538945

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