1101 Main StGarland, TX 75040

Property Details for 1101 Main St

Year built

1967

Construction

TILT-UP CONCRETE

Lot size

0.98 AC

Property size (Sq ft)

19,200 SF

Zone code

Z25

Property type

Retail space

APN

26006500000160200

APU

26006500000160200

Description

This exceptional Dallas warehouse property, located at 1101 Main St., offers a significant opportunity for businesses seeking flexible industrial space. The single-building property encompasses a total of 19,200 square feet, situated on a 0.98-acre lot. Built in 1967, the warehouse is currently available for lease as a single unit, offering a contiguous space of 19,200 square feet. However, a minimum divisible space of 15,414 square feet is also available, providing flexibility for tenants with varying needs. The property features one loading dock, simplifying loading and unloading operations. The property's classification as multi-tenant indicates potential for shared occupancy, though the entire space is currently available. This location in Dallas County provides excellent access to major transportation routes, making it an ideal choice for businesses requiring efficient logistics and distribution capabilities. The property's size and features make it suitable for a wide range of industrial uses, from storage and distribution to light manufacturing. Interested parties are encouraged to inquire about lease terms and availability. This is a rare opportunity to secure a substantial warehouse space in a prime Dallas location. The property's age is noted, but its functionality and size remain highly attractive to potential tenants.

• CAP approach

  CAP return

  Valuation

  6%

  $4,097,560

  6.5%

  $3,782,360

  7%

  $3,512,200

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,456,970

  Geo Method

  $2,402,550

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $7,407,070

  Mixed-Use / Specialty

  $3,756,320

  Hospitality / Lodging

  $2,739,530

  Office

  $3,720,910

  Institutional / Educational

  $3,900,560

  Residential Income

  $4,563,660

  Multifamily

  $5,543,060

  Automotive / Energy

  $3,343,340

  Parking / Income-Based Land

  $1,166,160

  Restaurant / Food Service

  $1,926,870

  Healthcare / Senior Housing

  $3,864,920

Location Insight

City

Garland

County

Dallas

State

Texas

Latitude

32.9132

Longitude

-96.6438

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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