2085 Garland AveGarland, TX 75041

Property Details for 2085 Garland Ave

Year built

1962

Construction

TILT-UP CONCRETE

Lot size

0.12 AC

Property size (Sq ft)

420 SF

Zone code

Z53

Property type

Office properties

APN

26029500000110000

APU

26029500000110000

Description

This exceptional 420-square-foot retail property, situated on a 0.12-acre corner lot in Garland, Texas, presents a unique investment opportunity. The property's strategic location allows for excellent visibility and accessibility, enhanced by a prominent large pole sign. Currently configured as a small sales office, the space is easily adaptable to suit various needs. The interior is spacious enough to comfortably accommodate two or three sales agents, or more, depending on configuration. The substantial lot size is a key advantage, providing ample space for the display and sale of automobiles. With capacity for up to sixteen vehicles, this property offers significant potential for a thriving small auto dealership or similar business. The asking price is $599,000. The property is available for sale or lease. This is a rare opportunity to acquire a well-positioned retail space with significant potential for growth in a desirable Garland location. The property's prime corner lot and large pole sign provide unparalleled visibility, making it an attractive option for businesses seeking high foot traffic and brand recognition. Don't miss this chance to own a piece of Garland's thriving commercial landscape.

• CAP approach

  CAP return

  Valuation

  6%

  $77,804

  6.5%

  $71,819

  7%

  $66,689

• Comparable approach

  Method

  Valuation

  Relative Method

  $51,679

  Geo Method

  $50,534

• Alternative Use

  Use

  Valuation

  Residential

  $89,056

  Hospitality

  $81,575

  Educational

  $67,869

  Medical

  $70,203

  Retail

  $105,574

Location Insight

City

Garland

County

Dallas

State

Texas

Latitude

32.8931

Longitude

-96.6503

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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