5129 Garland AveGarland, TX 75040

  • Retail properties
  • 18,841 SF
For Lease
$32/SF/YR View listing

Property Details for 5129 Garland Ave

Year built
2005
Construction
TILT-UP CONCRETE
Lot size
2.26 AC
Property size (Sq ft)
18,841 SF
Zone code
Z239
Property type
Retail properties
Property subtype
Strip malls
APN
263122000101R0000
APU
263122000101R0000

Description

This 1,722 square foot suite, located at 5129 N. Garland Ave, Suite #275 in Garland, Texas, offers a unique opportunity for businesses seeking high visibility and accessibility. Situated in a bustling commercial area on a major thoroughfare, this Class B space benefits from high traffic exposure and easy access to key Garland neighborhoods and surrounding communities. The suite is part of a larger 18,570 square foot building with a total of nine suites and 125 parking spaces, ensuring ample parking for clients and employees. Its versatile design accommodates various business types, from retail to professional offices. The space features a flexible layout, abundant natural light, and high-quality finishes, creating a welcoming environment. Located within a dynamic area with a strong mix of retail, dining, and service businesses, this suite provides a steady flow of potential customers. This location is in Dallas County and is ideal for businesses looking to capitalize on a strong customer base and a prime business environment within a thriving Garland community. The area's accessibility and proximity to major retail hubs further enhance its appeal.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,130,671
    6.5%
    $4,736,004
    7%
    $4,397,718
  • Comparable approach

    Method
    Valuation
    Relative Method
    $5,842,113
    Geo Method
    $5,712,712
  • Alternative Use

    Use
    Valuation
    Residential
    $3,994,996
    Hospitality
    $3,659,395
    Educational
    $3,044,574
    Medical
    $3,149,282
    Retail
    $4,736,004
5129 Garland Ave, Garland, Texas

Location Insight

City
Garland
County
Dallas
State
Texas
Latitude
32.9631
Longitude
-96.6462
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
$113,037
$1,178,880
$3,761,120
$4,940,000
-
$1,178,880
$3,761,120
$4,940,000

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