55 INDUSTRIAL DRIVE
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Location
55 INDUSTRIAL DRIVE
Mblu
5/ 207/ / /
Acct#
2603
Owner
GRASS PROPERTIES
Total Market Value
$1,864,700
PID
1633
Building Count
1
Current Value
Assessment
Valuation YearImprovementsLandTotal
2026$1,627,700$237,000$1,864,700

Owner of Record
OwnerGRASS PROPERTIES
Co-Owner
AddressC/O BEACON-REAL ESTATE ACCTG
PO BOX 3030
MCKINNEY, TX 75070
Sale Price$1,750,000
Certificate
Book & Page 8798/0340
Sale Date02/10/2006
Instrument00

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
GRASS PROPERTIES$1,750,000 8798/03400002/10/2006
DEPOT PROPERTIES$280,000 3961/02030008/14/1991
J & D ASSOCIATES$0 3444/0065 10/17/1988
J & D ASSOCIATES$0 3444/0063 10/17/1988

Building Information
Building 1 : Section 1
Year Built: 1991
Living Area: 59,896
Building Attributes
FieldDescription
Style:Warehouse
ModelIndustrial
GradeAverage
Stories:1.5
Occupancy1.00
Exterior Wall 1Pre-finsh Metl
Exterior Wall 2Concr/Cinder
Roof StructureGable/Hip
Roof CoverMetal/Tin
Interior Wall 1Minim/Masonry
Interior Wall 2 
Interior Floor 1Concr-Finished
Interior Floor 2 
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeNone
Bldg UseSTORE/SHOP MDL-96
Total Rooms 
Total Bedrms00
Total Baths2
1st Floor Use:322I
Heat/ACHEAT/AC PKGS
Frame TypeSTEEL
Baths/PlumbingAVERAGE
Ceiling/WallCEILING ONLY
Rooms/PrtnsAVERAGE
Wall Height22.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area
Living
Area
BASFirst Floor 53,452 53,452
AOFOffice, (Average) 6,444 6,444
   59,896 59,896

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
MEZ3W/PARTITIONS1488.00 S.F.$59,7001
SPR1SPRINKLERS-WET59216.00 S.F.$130,3001

Land
Land Use
Use Code322I
DescriptionSTORE/SHOP MDL-96  
Neighborhood
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)7.54
Frontage357
Depth0
Total Market Land$237,000

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAV1PAVING-ASPHALT  106300.00 S.F.$106,3001
LT2W/DOUBLE LIGHT  6.00 UNITS$5,4001
Valuation History
Assessment
Valuation YearImprovementsLandTotal
2025$1,627,700$237,000$1,864,700
2024$1,627,700$237,000$1,864,700
2023$1,627,700$237,000$1,864,700
Valuation History
Exemptions
Exemption YearCodeDescriptionAmount
20032NON-RESIDENTS$0

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