4563 Walnut StGarland, TX 75042

Property Details for 4563 Walnut St

Year built

2003

Construction

TILT-UP CONCRETE

Lot size

1.76 AC

Property size (Sq ft)

8,181 SF

Property type

Office properties

Property subtype

Office buildings

APN

26649510010020000

APU

26649510010020000

Description

This exceptional Class A office building, located at 4563 W Walnut St, Garland, TX 75042, offers a unique opportunity for businesses seeking versatile and modern space. Built in 2013, the single-story building boasts a total of 17,800 square feet, situated on a 1.7-acre lot. Currently, the entire 17,800 square feet is available for lease, with a minimum divisible space of 1,450 square feet and a maximum contiguous space of 1,400 square feet. The property is zoned PD/COM, allowing for a variety of uses including medical, traditional, creative, and executive office spaces, as well as retail and restaurant options. The building is conveniently located on Walnut Street, near the intersection of Plano Road and across from a TEXACO station, offering excellent visibility and accessibility. Power is supplied by Garland. This property presents a rare chance to secure a significant amount of prime commercial space in a thriving Garland location. The building's modern design and flexible layout cater to a wide range of business needs. Inquire today to learn more about this exceptional opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $1,515,512

  6.5%

  $1,398,934

  7%

  $1,299,010

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,006,635

  Geo Method

  $984,338

• Alternative Use

  Use

  Valuation

  Residential

  $1,734,678

  Hospitality

  $1,588,956

  Educational

  $1,321,992

  Medical

  $1,367,458

  Retail

  $2,056,433

Location Insight

City

Garland

County

Dallas

State

Texas

Latitude

32.9177

Longitude

-96.702

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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