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2623 S Garland Avenue, Garland, TX, 75041
Turnkey Car Dealership Property

2623 S Garland Avenue Garland, TX 75041

For Sale
$1,250,000

SINGLE_FAMILY - Garland, TX

Property Size4,486 SF
Lot Size0.42 Acres
Price / SF$278.64
Days on Market17

Property Features for 2623 S Garland Avenue

General Information

Property type
Residential
Property subtype
Retail
Parking features
Covered, Garage, Alley, Parking Lot, Carport
Standard status
Active
APN
26664500000050000
Size
4,486 SF
Lot size
0.42 Acres

Taxes and HOA fees

Tax Description
WESTCHESTER VILLAGE LOT 5
Tax Annual Amount
5598

Utilities

Sewer type
Public Sewer
Heating system
Natural Gas, Central
Cooling system
Ceiling Fan(s), Central Air
Water source
Public

Building Details

Year built
1951
Floors in Building
1
Number of units
2
Flooring type
Vinyl, Concrete
Building materials
AluminumSiding, Brick
Roof type
Mixed
Listing Agency: Ultima Real Estate
Listed By: Lorena Williamson · License #0515992
Added: Jul 9 Last Checked: Jul 25 at 8:06AM
MLS# 21155882

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This turnkey car dealership property is offered as a combined sale of two addresses: 2623 S Garland Ave and 2615 S Garland Ave. The total site includes approximately 0.42 acres with approximately 4,486 square feet of improvements. The property features an office building with 1,710 square feet of professional space and a dedicated restroom.

Additional improvements include 1,276 square feet of secure three-car garage storage with a restroom, plus a 1,500-square-foot mechanic shop at 2615 S Garland Ave. The mechanic shop includes its own office, restroom, and a two-car garage equipped with a lift. The mechanic shop is included in the sale and cannot be sold separately.

The property is right on Garland Ave and is described as having excellent access, visibility, and traffic flow. Seller financing is available, and the property is sold as-is, with the buyer responsible for due diligence and verification of all details.

Key Highlights

  • Two‑address car dealership site sold together at 2623 S Garland Ave and 2615 S Garland Ave
  • Approx. 0.42‑acre lot (18,295.2 SF) with total building area approx. 4,486 SF right on S Garland Ave
  • Office building includes approx. 1,710 SF of professional space with a dedicated restroom

Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $108.2k $24.12
− Vacancy −$5.1k −$1.13
EGI $103.1k $22.99
− OpEx −$30.9k −$6.90
NOI $72.2k $16.09
4,486 SF · lease $24.12/SF/yr · vacancy 4.70% · expense 30.00%

Alternative Uses

Best Use
Office B
$3.68M
$3.22M – $4.29M (±1% cap)
NOI $257,604 @ 7.0% cap · market cap 20.61%
Second Best
Retail
$1.03M
$902.3K – $1.20M (±1% cap)
NOI $72,182 @ 7.0% cap · market cap 5.77%
Theoretical Best
Office A
$5.38M
$4.71M – $6.28M (±1% cap)
NOI $376,798 @ 7.0% cap · market cap 30.14%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Exclusive Automotive LLC Car Dealership Exclusive Cycles Motorcycle Shop

Suggested Use

Real Estate Agency Law Firm Daycare Center Electrical Service Garden Center Skin Care Clinic Acupuncture (Bike/Boat/Book/etc) Store Gym & Fitness Center Computer & Electronic Repair

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Guerrero's tire shop and auto — 2530 W Kingsley Rd, Garland, TX 75041
  • Hollywood Paint & Body Shop — 2550 W Kingsley Rd, Garland, TX 75041
  • Pesco Pumps — 2734 W Kingsley Rd Ste:K3, Garland, TX 75041
  • Pinnacle Refinish — 2637 Oakland Ave, Garland, TX 75041
  • Mr.i'll fix it — 2530 W Kingsley Rd, Garland, TX 75041

FAQs

What type of property is this?
Auto shop - Turnkey dealership site with office space, secure storage, and an on-site mechanic shop, sold as a packaged offering.
Where is this auto shop located?
The property is located at 2623 S Garland Avenue Garland, TX.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Two‑address car dealership site sold together at 2623 S Garland Ave and 2615 S Garland Ave; Approx. 0.42‑acre lot (18,295.2 SF) with total building area approx. 4,486 SF right on S Garland Ave; Office building includes approx. 1,710 SF of professional space with a dedicated restroom
More about this property
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