132 E Main St, Grand Prairie, TX 75050 – Office Building Low Rise 1 - 4 stories

OfficeYear Built 1948Total Assessed Value $695,640County Dallas

Property Details

The Office property 132 E Main St, Grand Prairie, TX 75050 is located in Dallas County. The specific property type is Office Building Low Rise 1 - 4 stories. The total assessed value of this property is $695,640.

The gross building area is 11,456 square feet and the land area is 5,750 square feet for this Office Building Low Rise 1 - 4 stories built in 1948.

Legal description: Orig Town Grand Prairie Blk 8 Lts 1 & 2 Int202000067599 Dd02282020 Co-Dc 0005000800100 5Cp00050008

$695,640

Market Value

8.00%

Cap Rate

N/A

NOI

N/A

Occupancy

Avg Rent

Property Image of 132 E Main St, Grand Prairie, TX 75050, Office

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Property Information

Property TypeOffice

Sub Property TypeOffice Building Low Rise 1 - 4 stories

Building Area11,456

Land Size5,750

Land Value$37,380

Improved Value$658,260

Total Assessed Value$695,640

Year Built1948

County NameDallas

Account Number28000500080010000

Cap Rate8.00%

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningAir Conditioning

HeatingCentral

Roof CoverRoll composition

Type ConstructionTilt up pre cast concrete

No of Stories2

Garage TypeYes 10

BasementNo basement

Exterior WallsBrick veneer

Sales History

3/9/2020

Arms-lengthNot Disclosed

Buyer

Sharbaf Properties Llc

Seller

Sharbaf Sid

Book Number

202000067599

Recording Date

3/9/2020

Transaction Details

Sharbaf Properties Llc acquired the property from Sharbaf Sid through a Arms-length transaction on 3/9/2020 for .

8/14/2006

Arms-length$374,000

Buyer

Sharbaf Sid

Seller

Ghafarokhi Shahin A

Book Number

2006.310967

Recording Date

8/14/2006

Transaction Details

Sharbaf Sid acquired the property from Ghafarokhi Shahin A through a Arms-length transaction on 8/14/2006 for $374,000.

6/21/2006

Arms-length$425,000

Buyer

Shahfarokhi Shahin A

Seller

Bucks Purchased Note Fund Partnership

Book Number

2006.233577

Recording Date

6/21/2006

Transaction Details

Shahfarokhi Shahin A acquired the property from Bucks Purchased Note Fund Partnership through a Arms-length transaction on 6/21/2006 for $425,000.

10/12/2005

Arms-lengthNot Disclosed

Buyer

Bucks Purchased Note Fun

Seller

Shawn Bobby H

Book Number

200503543115

Recording Date

10/12/2005

Transaction Details

Bucks Purchased Note Fun acquired the property from Shawn Bobby H through a Arms-length transaction on 10/12/2005 for .

2/20/2004

In-houseNot Disclosed

Buyer

Shawn Bobby H

Seller

Shawn Eng Environmental

Book Number

200402768144

Recording Date

2/20/2004

Transaction Details

Shawn Bobby H acquired the property from Shawn Eng Environmental through a In-house transaction on 2/20/2004 for .

Property constructed in 1948

YSale Price (USD) byXSales Year

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Mortgage History

6/22/2007

Arms length residential transactions purchase or resales$332,000

Borrower

Sharbaf Sid

Lender

Preston National Bank

Book Number

2007.236230

Recording Date

6/22/2007

Transaction Details

Sharbaf Sid borrowed the property from Preston National Bank through a Arms length residential transactions purchase or resales transaction on 6/22/2007 for $332,000.

2/8/2006

Arms length residential transactions purchase or resales$147,711

Borrower

Bucks Purchased Note Fund Partnership

Lender

Book Number

2006.59812

Recording Date

2/8/2006

Transaction Details

Bucks Purchased Note Fund Partnership borrowed the property from through a Arms length residential transactions purchase or resales transaction on 2/8/2006 for $147,711.

6/21/2006

New construction residential transactions$340,000

Borrower

Shahfarokhi Shahin Asadian

Lender

Bucks Purchased Note Fund Partnership

Book Number

2006.233578

Recording Date

6/21/2006

Transaction Details

Shahfarokhi Shahin Asadian borrowed the property from Bucks Purchased Note Fund Partnership through a New construction residential transactions transaction on 6/21/2006 for $340,000.

Property constructed in 1948

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Assessment History

Assessment Year ↓	Assessed Land Value ↕	Assessed Improved Value ↕	Assessed Total Value ↕	Market Value ↕	Owner Name ↕	Owner Address ↕	Legal Description ↕	Neighborhood Code ↕	Sub Division ↕	Land Size (SF) ↕	GBA (SF) ↕
2026	$37,380	$658,260	$695,640	$695,640	Sharbaf Properties L...	4464 W Plano Pkwy	Orig Town Grand Prai...	2PS004	-	5,750	11,456
2025	$37,380	$658,260	$695,640	$695,640	Sharbaf Properties L...	4464 W Plano Pkwy	Orig Town Grand Prai...	2PS004	Orig Town Grand Prai...	5,750	11,456
2024	$37,380	$658,260	$695,640	$695,640	Sharbaf Properties L...	4464 W Plano Pkwy	Orig Town Grand Prai...	2PS004	ORIG TOWN GRAND PRAI...	5,750	11,456
2023	$37,380	$658,260	$695,640	$695,640	Sharbaf Properties L...	4464 W Plano Pkwy	Orig Town Grand Prai...	2PS004	ORIG TOWN GRAND PRAI...	5,750	11,456
2022	$17,250	$678,390	$695,640	$695,640	Sharbaf Properties L...	4464 W Plano Pkwy	Orig Town Grand Prai...	2PS004	-	5,750	11,456
2021	$17,250	$642,750	$660,000	$660,000	Sharbaf Properties L...	4464 W Plano Pkwy	Orig Town Grand Prai...	2PS004	ORIG TOWN GRAND PRAI...	5,750	11,456
2020	$17,250	$524,250	$541,500	$541,500	Sharbaf Properties L...	4464 W Plano Pkwy	Orig Town Grand Prai...	2PS004	-	5,750	11,456
2019	$17,250	$402,750	$420,000	$420,000	Sharbaf Sid	Po Box 795335	Orig Town Grand Prai...	2PS004	ORIG TOWN GRAND PRAI...	5,750	11,456
2018	$17,250	$402,750	$420,000	$420,000	Sharbaf Sid	Po Box 795335	Orig Town Grand Prai...	2PS004	ORIG TOWN GRAND PRAI...	5,750	11,456
2017	$17,250	$312,750	$330,000	$330,000	Sharbaf Sid	Po Box 795335	Orig Town Grand Prai...	2PS004	ORIG TOWN GRAND PRAI...	5,750	11,456

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Comparables

Address ↕	Assessors Parcel Number ↕	Property Type ↕	Property Sub Type ↕	Owner Name ↕	County ↕	Miles ↕	Sale Price ↕	Sale Date ↕	Price / SF ↕	Year Built ↕	GBA ↕	Units ↕
132 E Main St, Grand Prairie, TX 75050	28000500080010000	Office	Office Building Low Rise 1 - 4 stories	Sharbaf Properties Llc	Dallas	-	$ 374,000	2006-08-14	$ 32.65	1948	11,456	-
615 Six Flags Dr, Arlington, TX 76011	03686132	Office	Office Building Low Rise 1 - 4 stories	6f Realty Llc	Tarrant	3.9	$ 2,360,750	2025-03-06	$ 167.57	1974	14,088	-
705 E Abram St, Arlington, TX 76010	01500805	Office	Office Building Low Rise 1 - 4 stories	Kc Service Corp	Tarrant	5.7	$ 893,095	2025-06-25	$ 111.16	1972	8,034	1
619 Mercury Ave, Duncanville, TX 75137	22033500040080000	Office	Office Building Low Rise 1 - 4 stories	Pony Trail Llc	Dallas	8.3	$ 475,000	2024-11-04	$ 59.08	1978	8,040	-
7901 John W Carpenter Fwy, Dallas, TX 75247	00000779110000100	Office	Office Building Low Rise 1 - 4 stories	Car Wreck Cowboy Llc	Dallas	9.0	$ 3,192,000	2024-12-16	$ 189.30	1957	16,862	1
3201 Royalty Row, Irving, TX 75062	32128500020010100	Office	Office Building Low Rise 1 - 4 stories	D Dreams Llc	Dallas	8.8	$ 931,000	2025-09-16	$ 137.60	1971	6,766	-
1245 Hurstview Dr, Hurst, TX 76053	40388662	Office	Office Building Low Rise 1 - 4 stories	Signa Ventures Llc	Tarrant	11.9	$ 446,880	2025-11-18	$ 19.91	1962	22,442	1
120 Wanda Way, Hurst, TX 76053	01317016	Office	Office Building Low Rise 1 - 4 stories	Essence Investment Groups Llc	Tarrant	10.5	$ 1,106,560	2025-02-27	$ 97.07	1962	11,400	-
2516 Martin Luther King Jr Blvd, Dallas, TX 75215	00000147694000000	Office	Office Building Low Rise 1 - 4 stories	Vectors Studies Llc	Dallas	13.6	$ 505,400	2025-12-08	$ 27.59	1965	18,320	-
7100 S Cooper St, Arlington, TX 76001	02199920	Office	Office Building Low Rise 1 - 4 stories	Housing Alternatives Llc	Tarrant	11.2	$ 1,263,500	2026-01-09	$ 175.49	1971	7,200	-
10440 E Nw Hwy, Dallas, TX 75238	00000671068000000	Office	Office Building Low Rise 1 - 4 stories	Focus Real Estate Llc	Dallas	19.2	$ 1,995,000	2025-10-10	$ 96.59	1969	20,655	1

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Nearby Lenders

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Lender Name ↕	Property Address ↕	Loan Date ↕	Mortgage Amount ↕	Land Size (SF) ↕	Year Built ↕	GBA (SF) ↕	Total Assessed Value ↕	Land Assessed Value ↕	Borrower ↕
—	132 E Main St, Grand Prairie, TX 75050	—	-	5,750	1948	11,456	$ 695,640	$ 37,380	-
Veritex Community Bank	4441 W Airport Fwy, Irving, TX 75062	08/29/2025	$ 6,874,000	261,360	1982	77,556	$ 5,700,000	$ 3,136,320	Olympus Realty Group Llc
Plainscapital Bank	631 106th St, Arlington, TX 76011	08/25/2025	$ 1,500,000	124,146	1980	41,114	$ 2,880,000	$ 124,146	Bylo Properties Lp
Bell Bank	4805 Amon Carter Blvd, Fort Worth, TX 76155	07/02/2025	$ 15,300,000	352,971	2013	75,200	$ 11,500,000	$ 2,470,797	Sh9nbc Dfw Llc
Frost Bank	2233 Ave J, Arlington, TX 76006	06/25/2025	$ 1,363,000	36,128	1999	12,960	$ 2,006,208	$ 161,853	Abundant Medical Group Llc
Hancock Whitney Bank	705 E Abram St, Arlington, TX 76010	06/24/2025	$ 671,500	18,941	1972	8,034	$ 450,000	$ 94,705
Hancock Whitney Bank	3300 Rock Island Rd, Irving, TX 75060	05/23/2025	$ 2,167,500	78,482	1983	5,498	$ 1,841,000	$ 196,210	Rock Island Real Estate Llc
8080 Investments Llc	401 Palace Pkwy, Grand Prairie, TX 75050	03/21/2025	$ 2,000,000	342,720	1981	30,354	$ 1,729,770	$ 771,120
Worthington Bank	1910 Ballpark Way, Arlington, TX 76006	03/19/2025	$ 400,000	99,447	2003	22,131	$ 1,800,000	$ 745,852	Ballpark Plaza Ltd
Mif Lender Llc	1717 E Main St, Grand Prairie, TX 75050	03/06/2025	$ 56,180,800	261,861	1957	18,719	$ 1,390,110	$ 589,190	1717 E Main St Llc
Frost Bank	601 W Abram St, Arlington, TX 76010	02/11/2025	$ 1,300,000	17,381	1963	5,270	$ 542,810	$ 104,286

Mean$ 6,591,871

Median$ 1,331,500.0

Loan Amount Range$ 250,000 - $ 56,180,800

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Tenant Details

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Property Address ↕	Owner Name ↕	Phone ↕	Industry Description ↕
132 E MAIN ST STE 108, GRAND PRAIRIE, TX 75050-5758	WILLIE MC DANIEL JR	9722649396	FEDERAL GOVERNMENT CONTRACTORS
132 E MAIN ST, GRAND PRAIRIE, TX 75050-5757	SIGN DRAFTING GROUP SVC	4699990800	PRINTERS (MFRS)
132 E MAIN ST, GRAND PRAIRIE, TX 75050-5757	OMNI TAX SVC	2146770270	TAX RETURN PREPARATION & FILING
132 E MAIN ST STE 101, GRAND PRAIRIE, TX 75050-5758	TACTICAL ADVENTURE GAMES	8179157015	TACTICAL TRAINING
132 E MAIN ST, GRAND PRAIRIE, TX 75050-5757	SMART TRAVEL	9726393333	TRAVEL AGENCIES & BUREAUS
132 E MAIN ST, GRAND PRAIRIE, TX 75050-5757	CITY BANK GRAND PRAIRIE MTG	9726425353	REAL ESTATE LOANS

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License Details

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