2337 Doreen St - Industrial LAND FOR SALE


Grand Prairie, TX 75050 86,467 SF
$999,000 USD
385-262-8228
2337 Doreen St, Grand Prairie, TX for Sale
$999,000 USD
Industrial LAND - FOR SALE
1/26
86,467 SF

2337 Doreen St
Grand Prairie, TX 75050


HIGHLIGHTS

  • 2337 Doreen Street is a 2-acre tract, fully entitled and approved by the City of Grand Prairie for two 17,000-square-foot industrial flex buildings.
  • Approved development ideally positioned to real estate trends as the median leased space in the submarket is approximately 10,000 square feet.
  • Demand is already established as the seller has more than 200 leads for spaces from 2K to 3.5K SF and GC bids for a build spread of over $1.7 million.
  • Superior connectivity within five minutes of Interstate 30, George Bush Turnpike, Highway 180, and Highway 360.
  • See the Data Room for the Development Packet, including a geotechnical report, topo survey, civil and architectural drawings, and approval letters.

OVERVIEW

Get to work right away with this fully entitled industrial development tract ready for immediate construction. 2337 Doreen Street is approximately 2 acres and has been approved by the City of Grand Prairie for two 17,000-square-foot industrial flex warehouse buildings. A full Development Packet is completed for the land, which includes a geotechnical report, topography survey, civil drawings, architectural drawings, and Grand Prairie approval letters. These documents are available in the Data Room. This property can be set up as a build-to-rent or owner-occupied building. The seller has over 200 leads interested in 2,000- to 3,500-square-foot spaces for this exact building if the new owner desires to rent and hold the space. Bids from local general contractors signaled a substantial build spread of over $1.7 million. Situated in the Lower Great Southwest submarket, 2337 Doreen Street is in one of the most sought-after industrial hubs in the DFW metro. Due to the superior transport connectivity, high-profile institutions such as General Motors, Lockheed Martin, Geodis, and The Home Depot have large industrial presences here, but typical tenants in the submarket utilize space closer to the approved warehouses. Submarket trends paint an optimistic outlook for appreciation; as of Q1 2025, annual rent growth was at 4%, with an average vacancy rate of 1.8% lower than the overall DFW market. Builds at 2337 Doreen Street will be able to leverage the submarket’s excellent connectivity advantages with three major arteries within a five-minute drive. Tenants will be tapped into an excellent labor pool, with nearly 50% of the workers within a 3-mile radius employed in blue-collar industries.

FOR SALE DETAILS

PRICE

$999,000 USD

PRICE/ACRE

$503,272/AC

PRICE/SF

$12 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

8%+ Cap Rate for Industrial Development

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Industrial

LAND PROPOSED USE

Commercial, Industrial, Mixed Use, Distribution, Hold for Investment, Industrial Live/Work Unit, Open Space, Warehouse

LAND ACRES

1.99 AC

LAND SF

86,467 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

LI

APN/PARCEL ID

42556609

ASK ABOUT THIS PROPERTY

Austin SeegmillerKairos Real EstateMore Info
385-262-8228

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Austin SeegmillerKairos Real EstateMore Info
385-262-8228

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.