4417 Forest LnGarland, TX 75042

Property Details for 4417 Forest Ln

Year built

1973

Construction

TILT-UP CONCRETE

Lot size

2.36 AC

Property size (Sq ft)

43,845 SF

Zone code

Z53

Property type

Warehouses

Property subtype

Self storage facilities

APN

26543700010010000

APU

26543700010010000

Description

This exceptional Garland, Texas retail property, totaling 93,620 square feet, presents a compelling investment opportunity. The property consists of 14 buildings situated on a 2.36-acre lot, featuring 514 non-climate-controlled storage units and 5 commercial spaces. Currently boasting an 89% unit occupancy and a remarkable 107% economic occupancy, the commercial spaces maintain a 100% historical occupancy rate. The average non-climate unit size is 170 square feet. With 6,355 square feet currently vacant, this presents a chance to increase revenue. Built in 1973, the property includes concrete drives, gated keypad access, exterior lighting, perimeter fencing, security cameras, and an on-site office, ensuring security and convenience. Its prime location in Garland, within the Dallas MSA, benefits from a strong demographic profile, with 415,550 people residing within a 5-mile radius and an average household income of $93,579. The property enjoys proximity to major retailers like McDonald's and Whataburger, and is conveniently located 0.2 miles from these establishments, 1.5 miles from Interstate 635, and 13.8 miles from downtown Dallas. The property is available for sale individually or as part of a larger portfolio. Dallas County APN numbers are 26277500010010000 and 26543700010010000.

• Alternative Use

  Use

  Valuation

  Residential

  $9,296,779

  Hospitality

  $8,515,800

  Educational

  $7,085,046

  Medical

  $7,328,711

  Retail

  $11,021,182

Location Insight

City

Garland

County

Dallas

State

Texas

Latitude

32.91

Longitude

-96.6984

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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