1015 Centerville RdGarland, TX 75041

Property Details for 1015 Centerville Rd

Year built

1983

Construction

TILT-UP CONCRETE

Lot size

1.83 AC

Property size (Sq ft)

24,590 SF

Zone code

Z239

Property type

Super regional malls

APN

26450800500601000

APU

26450800500601000

Description

Centerville Court offers a fantastic opportunity for businesses seeking executive office space in Garland, Texas. This multi-tenant property, located at 1015 W Centerville Rd, boasts a total of 20,167 square feet, with 5,068 square feet currently vacant and ready for immediate occupancy. The property is situated on a substantial 20,167-square-foot lot in the desirable Dallas County, zip code 75041. Its prime location on the high-traffic West Centerville Road, just north of Interstate Highway 635, ensures excellent visibility and accessibility. The property's classification includes both retail and office space, making it suitable for a variety of businesses. The surrounding area offers strong traffic generators, including nearby Starbucks, Monarch Dental, Lifetime Fitness, Office Depot, Ross, 99 Cents Only, and Winco Foods, creating a vibrant and convenient environment for tenants. This executive office space presents a unique chance to establish a presence in a thriving commercial area with ample parking and high foot traffic. The property is ideal for office, retail, or service-based tenants seeking a strategic location in Garland. Contact us today to learn more about this exceptional opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $6,696,205

  6.5%

  $6,181,112

  7%

  $5,739,604

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,624,732

  Geo Method

  $16,251,893

• Alternative Use

  Use

  Valuation

  Residential

  $5,214,000

  Hospitality

  $4,775,996

  Educational

  $3,973,572

  Medical

  $4,110,230

  Retail

  $6,181,112

Location Insight

City

Garland

County

Dallas

State

Texas

Latitude

32.8589

Longitude

-96.6464

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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