1701 W Marshall Dr, Grand Prairie, TX 75051 – Light Industrial/Manufacturing

IndustrialYear Built 1967Total Assessed Value $77,676,440County Dallas

Property Details

The Industrial property 1701 W Marshall Dr, Grand Prairie, TX 75051 is located in Dallas County. The specific property type is Light Industrial/Manufacturing. The total assessed value of this property is $77,676,440.

The gross building area is 1,577,320 square feet and the land area is 5,338,190 square feet for this Light Industrial/Manufacturing built in 1967.

Legal description: Benjamin J Adair Abst 19 Pg 380 Tr 6 Acs 122.548 Int201600106580 Dd04212016 Co-Dc 0019380100600 5Cp00193801

$77,676,440

Market Value

8.00%

Cap Rate

N/A

NOI

N/A

Occupancy

Avg Rent

Property Image of 1701 W Marshall Dr, Grand Prairie, TX 75051, Industrial

1 / 3

Property Information

Property TypeIndustrial

Sub Property TypeLight Industrial/Manufacturing

Building Area1,577,320

Land Size5,338,190

Land Value$13,345,480

Improved Value$64,330,960

Total Assessed Value$77,676,440

Year Built1967

County NameDallas

Account Number65001938010060000

Cap Rate8.00%

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningCentral

HeatingCentral

Type ConstructionFrame

No of Stories1

Sales History

4/22/2016

Arms-lengthNot Disclosed

Buyer

Lockheed Martin Corporation

Seller

Airloeb Company Llc

Book Number

201600106580

Recording Date

4/22/2016

Transaction Details

Lockheed Martin Corporation acquired the property from Airloeb Company Llc through a Arms-length transaction on 4/22/2016 for .

Property constructed in 1967

YSale Price (USD) byXSales Year

Loading Sale History...

Mortgage History

This details prefers to stay low-key.

Loading Mortgage History...

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	$13,345,480	$89,180,320	$102,525,800	$102,525,800	Lockheed Martin Corp	100 S Charles St Ste...	Benjamin J Adair Abs...	2PS007	-	5,338,190	1,577,320
2025	$13,345,480	$64,330,960	$77,676,440	$77,676,440	Lockheed Martin Corp	100 S Charles St Ste...	Benjamin J Adair Abs...	2PS007	Benjamin J Adair	5,338,190	1,577,320
2024	$8,007,290	$46,422,710	$54,430,000	$54,430,000	Lockheed Martin Corp	100 S Charles St Ste...	Benjamin J Adair Abs...	2Ps007	BENJAMIN J ADAIR	5,338,190	1,577,320
2023	$8,007,290	$46,422,710	$54,430,000	$54,430,000	Lockheed Martin Corp	100 S Charles St Ste...	Benjamin J Adair Abs...	2PS007	BENJAMIN J ADAIR	5,338,190	1,577,320
2022	$8,007,290	$38,957,660	$46,964,950	$46,964,950	Lockheed Martin Corp	100 S Charles St Ste...	Benjamin J Adair Abs...	2PS007	-	5,338,190	1,577,320
2021	$8,007,290	$38,957,660	$46,964,950	$46,964,950	Lockheed Martin Corp	100 S Charles St Ste...	Benjamin J Adair Abs...	2PS007	BENJAMIN J ADAIR	5,338,190	1,577,320
2020	$8,007,290	$37,924,280	$45,931,570	$45,931,570	Lockheed Martin Corp	100 S Charles St Ste...	Benjamin J Adair Abs...	2PS007	-	5,338,190	1,575,820
2019	$8,007,290	$36,168,230	$44,175,520	$44,175,520	Lockheed Martin Corp	100 S Charles St Ste...	Benjamin J Adair Abs...	2PS007	BENJAMIN J ADAIR	5,338,190	1,575,820
2018	$8,007,290	$36,168,230	$44,175,520	$44,175,520	Lockheed Martin Corp	100 S Charles St Ste...	Benjamin J Adair Abs...	2PS007	BENJAMIN J ADAIR	5,338,190	1,575,820
2017	$8,007,290	$31,244,980	$39,252,270	$39,252,270	Lockheed Martin Corp	100 S Charles St Ste...	Benjamin J Adair Abs...	2PS007	BENJAMIN J ADAIR	5,338,190	1,575,820

Showentries

Showing 1 to 10 of 18 entries

Loading Assessment History...

Rent & Occupancy

Loading Rent & Occupancy...

Comparables

Address ↕	Assessors Parcel Number ↕	Property Type ↕	Property Sub Type ↕	Owner Name ↕	County ↕	Miles ↕	Sale Price ↕	Sale Date ↕	Price / SF ↕	Year Built ↕	GBA ↕	Units ↕
1701 W Marshall Dr, Grand Prairie, TX 75051	65001938010060000	Industrial	Light Industrial/Manufacturing	Lockheed Martin Corp	Dallas	-	-	-	-	1967	1,577,320	-
3900 W Plano Pkwy, Plano, TX 75075	2663963	Industrial	Light Industrial/Manufacturing	Plano Estates Llc	Collin	25.4	$ 28,927,500	2025-03-11	$ 45.92	1983	629,905	-
650 Sw 27th Ave, Ocala, FL 34471	22776-002-00	Industrial	Light Industrial/Manufacturing	The Ames Companies Inc	Marion	918.1	$ 23,200,000	2023-09-28	$ 37.35	1985	621,112	-
2801 Telecom Pkwy, Richardson, TX 75082	2779511	Industrial	Light Industrial/Manufacturing	Higdsp Richardson Owner Llc	Collin	28.7	$ 91,238,000	2022-11-25	$ 110.01	1997	829,390	-
12900mckinleyhwy, Mishawaka, IN 46545	71-10-07-101-001.000-031	Industrial	Light Industrial/Manufacturing	-	St. Joseph	866.1	$ 19,649,900	2025-06-05	$ 30.41	2000	646,205	-
6750 Daniel Burnham Dr, Portage, IN 46368	64-06-06-200-001.000-016	Industrial	Light Industrial/Manufacturing	Nw Indiana Spe Llc	Porter	823.8	$ 21,250,000	2024-07-23	$ 41.58	2003	511,056	-
2452 Lake Emma Rd, Lake Mary, FL 32746	19-20-30-300-006B-0000	Industrial	Light Industrial/Manufacturing	Atlas Orlando Industrial I Llc	Seminole	975.0	$ 54,300,000	2024-12-13	$ 96.95	1998	560,057	-
2801 W Old Road 30, Warsaw, IN 46580	43-10-12-400-020.000-031	Industrial	Light Industrial/Manufacturing	Phoenix Warsaw Industrial Investors Llc	Kosciusko	854.8	$ 13,000,000	2023-04-12	$ 20.05	1964	648,375	-
5880 W Old State Road 28, Tipton, IN 46072	80-11-07-300-008.000-001	Industrial	Light Industrial/Manufacturing	Chrysler Group Llc, A Delaware Llc	Tipton	803.4	$ 68,335,000	2024-09-17	$ 98.42	2008	694,350	-
2601 4th Ave E, Shakopee, MN 55379	27-443001-0	Industrial	Light Industrial/Manufacturing	Pprefryan Shakopee Industrial Llc	Scott	861.1	$ 99,500,000	2025-03-20	$ 65.17	2016	1,526,779	-

Loading Comparables...

Nearby Lenders

Showentries

Search:

Lender Name ↕	Property Address ↕	Loan Date ↕	Mortgage Amount ↕	Land Size (SF) ↕	Year Built ↕	GBA (SF) ↕	Total Assessed Value ↕	Land Assessed Value ↕	Borrower ↕
—	1701 W Marshall Dr, Grand Prairie, TX 75051	—	-	5,338,190	1967	1,577,320	$ 77,676,440	$ 13,345,480	-
South Louisiana Bank	3044 Wichita Ct, Fort Worth, TX 76140	08/11/2025	$ 2,237,427	111,470	1985	30,850	$ 1,635,050	$ 445,880	Sharp Properties Of Texas Llc
Cadence Bank Na	11129 Zodiac Ln, Dallas, TX 75229	07/15/2025	$ 4,000,000	211,282	1959	99,124	$ 4,641,600	$ 1,373,330	Mns Properties Inc
Bxmt 2025fl5 Ltd	9765 Harry Hines Blvd, Dallas, TX 75220	07/08/2025	$ 227,334,700	94,285	1994	7,155	$ 1,092,410	$ 377,140	9765 Harry Hines Lp
Texas Capital Bank Na	1120 N Union Bower Rd, Irving, TX 75061	06/12/2025	$ 9,000,000	1,660,943	2006	78,645	$ 8,010,000	$ 4,982,830	Driver Re Irving Llc
B1bank	1451 Greenway Dr, Irving, TX 75038	06/05/2025	$ 4,603,703	250,200	2023	40,172	$ 7,199,940	$ 1,876,500	Jk Valwood Llc
Plainscapital Bank	131 Yorktown St, Dallas, TX 75208	06/05/2025	$ 750,000	14,257	1965	15,524	$ 1,011,720	$ 570,280	Yorktown131 Llc
Plainscapital Bank	131 Yorktown St, Dallas, TX 75208	06/05/2025	$ 750,000	14,257	1965	15,524	$ 1,011,720	$ 570,280	-
Plainscapital Bank	1038 Kck Way, Cedar Hill, TX 75104	04/29/2025	$ 1,900,000	25,308	1979	8,700	$ 360,000	$ 101,230	Decker Development Ltd
Comerica Bank	1451 Greenway Dr, Irving, TX 75038	04/15/2025	$ 750,000	250,200	2023	40,172	$ 7,199,940	$ 1,876,500	Lincoln Property Development G
Wells Fargo Bank Na	500 113th St, Arlington, TX 76011	03/21/2025	$ 500,000,000	136,430	1974	68,962	$ 3,085,996	$ 272,860	Icon Owner Pool 6 El Paso Llc

Mean$ 30,584,603

Median$ 1,950,000.0

Loan Amount Range$ 20,250 - $ 500,000,000

Showing 1 to 10 of 26 entries

Loading Lenders...

Tenant Details

Showentries

Search:

Property Address ↕	Owner Name ↕	Phone ↕	Industry Description ↕
1701 W MARSHALL DR, GRAND PRAIRIE, TX 75051-2704	LOCKHEED MARTIN CORP	9726031000	ENGINEERS
1701 W MARSHALL DR, GRAND PRAIRIE, TX 75051-2704	WELLNESS CENTER OPERATED	9726033000	HEALTH SERVICES
1701 W MARSHALL DR # M-1, GRAND PRAIRIE, TX 75051-2704	STAHL, LARA G	6827771228	NURSES-PRACTITIONERS
1701 W MARSHALL DR, GRAND PRAIRIE, TX 75051-2704	VICK SAME DAY GRGE DOOR REPAIR	4696104178	REPAIR SHOPS & RELATED SERVICES NEC

Showing 1 to 4 of 4 entries

Tenant Industry Distribution

Loading Tenants...

License Details

This details prefers to stay low-key.

Loading License Details...