1600 Firewheel PkwyGarland, TX 75040

  • Commercial land
  • 57.52 AC

Property Details for 1600 Firewheel Pkwy

Lot size
57.52 AC
Zone code
Z02
Property type
Commercial land
APN
65022558010100000
APU
65022558010100000

Description

This exceptional 2.67-acre commercial land parcel presents a unique development opportunity in Garland, Texas. Situated at the hard corner of Firewheel Parkway and Castle Drive, this strategically located site boasts significant visibility and accessibility. The property is zoned CR (Commercial), allowing for a variety of development options. Preliminary site work has already been completed, including grubbing, rough grading, and utility stubbing, streamlining the development process. The site benefits from a signalized intersection, ensuring easy ingress and egress. Its location offers high traffic counts, with Firewheel Parkway recording 23,270 vehicles per day (TXDOT, 2021) and Castle Drive registering 6,717 vehicles per day (TXDOT, 2019). The property's proximity to a 7-Eleven and the future ParcHaus Garland residential development further enhances its appeal and potential. This is a rare opportunity to acquire a well-prepared commercial site in a thriving area of Garland, offering significant potential for immediate development. The address is 1600 Firewheel Pkwy, Garland, TX 75040, within Dallas County. Contact for pricing and further information.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $631,591,168
    Hospitality
    $578,534,080
    Educational
    $481,333,568
    Medical
    $497,887,360
    Retail
    $748,741,120

Location Insight

City
Garland
County
Dallas
State
Texas
Latitude
32.9253
Longitude
-96.5918
CBSA code
19100
CBSA name
DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
-
$143,800
-
$143,800
-
$143,800
-
$143,800

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