3160 Saturn RdGarland, TX 75041

For Lease
  • Super regional malls
  • 42,012 SF

Property Details for 3160 Saturn Rd

Year built
1955
Construction
TILT-UP CONCRETE
Lot size
12.94 AC
Property size (Sq ft)
42,012 SF
Zone code
Z263
Property type
Super regional malls
APN
26430500120010000
APU
26430500120010000

Description

This exceptional Garland, Texas retail space, located at 3160 Saturn Rd, Suite 230B, offers 3,000 to 7,312 square feet of versatile space within the 64,000 square foot Orchard Hills Shopping Center. Situated on 13 acres of land at the intersection of Saturn and Kingsley Roads, this single-tenant space is part of a bustling shopping center with ample parking (433 spaces) and benefits from a prime location in a densely populated area. The building, constructed in 1980 and renovated in 2015, is a Class B property with one story and features a storefront design ideal for a variety of businesses, including retail stores, restaurants, or office spaces. The property is zoned for retail use and is ready for immediate occupancy. This endcap space provides excellent visibility and accessibility. The shopping center itself comprises six buildings. The property's address is 3160 Saturn Rd, Garland, TX 75041, and is within the Garland submarket.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $11,440,462
    6.5%
    $10,560,426
    7%
    $9,806,110
  • Comparable approach

    Method
    Valuation
    Relative Method
    $13,026,849
    Geo Method
    $20,237,862
  • Alternative Use

    Use
    Valuation
    Residential
    $8,908,115
    Hospitality
    $8,159,786
    Educational
    $6,788,846
    Medical
    $7,022,324
    Retail
    $10,560,426
3160 Saturn Rd, Garland, Texas

Location Insight

City
Garland
County
Dallas
State
Texas
Latitude
32.8777
Longitude
-96.6469
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
$50,340
$1,831,730
$368,270
$2,200,000
-
$1,831,730
$368,270
$2,200,000

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