Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    522 W Walnut Cir Garland, TX 75040

    Sponsored
    For Lease
    $8,500 /Mo ($5 SF/Yr)

    Industrial - Garland, TX

    Type:Industrial
    Lot size:
    0.43 Acres
    Days on Market:
    8
    Last Refresh:
    Jan 24 at 9:06 am

    Property Features for 522 W Walnut Cir

    General Information

    Property type
    Other
    Property subtype
    Industrial
    Standard status
    Active
    APN
    26218500010030000
    Parking features
    On Street, Open, Other
    Lot size
    0.43 Acres

    Utilities

    Heating system
    Central, Electric (Heating), Natural Gas
    Cooling system
    Central Air, Electric, Gas (Cooling)

    Building Details

    Year built
    1980
    Flooring type
    Other
    Building materials
    Brick, Metal Siding, Steel Siding
    Roof type
    Metal
    Architectural style
    Other

    We can help!

    Listing Contact
    Zachary Sadeghian

    Mission Real Estate Group (210) 690-0050

    Listing agent Zachary Sadeghian (210) 201-6250 License #0740185

    Listing date Jan 17, 2026

    MLS# 21157205 Listing URL

    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.

    Learn more

    Property Insight Report

    Overview

    Garland Flex Space For Rent

    This flex space property in Garland, Texas, includes a one-bedroom residence with an office and four bays. Situated on approximately 0.427 acres, the property is located off State Highway 78, providing accessibility and potential customer traffic. It can be utilized for storage, office purposes, and other commercial benefits.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Similar Places Nearby

    Hour Kitchen LLC, GO GOURMET Catering

    Location Insight

    • Map
    • Local Demand
    City
    Garland
    County
    Dallas
    State
    Texas
    Longitude
    -96.628693
    Latitude
    32.917507

    Nearby Similar for Lease

    • $2,500 /Mo
      1,830 SF

      Garland Office Space For Lease

      Commercial space in South Garland near I-30 and Broadway.
      6330 Broadway Unit C Blvd, Garland, TX 75043
      View Details
    • $9,000 /Mo
      20,517 SF

      Established Mechanic Shop For Rent

      Mechanic shop for rent in high-traffic Garland location.
      617 W Centerville Rd, Garland, TX 75041
      View Details
    • $750 /Mo
      12,589 SF

      Garland Retail Lot For Rent

      Paved commercial lot with high traffic and excellent business visibility.
      5514 Broadway Blvd, Garland, TX 75043
      View Details
    • $2,500 /Mo
      44,000 SF

      Retail Space with I-30 Visibility

      Retail space with excellent I-30 access and high traffic exposure.
      710 E Interstate 30, Garland, TX 75043
      View Details
    • $1,650 /Mo
      43,124 SF

      Modern Office Condo Near I-30

      Versatile 1,000 sq ft office condo in Garland, TX.
      6444 Broadway Blvd, Garland, TX 75043
      View Details
    • $2,000 /Mo
      32,104 SF

      Garland Office Space Available

      Office space for lease in central Garland, Texas.
      1449 Forest Ln, Garland, TX 75042
      View Details
    • $3,600 /Mo
      33,106 SF

      Remodeled Office Space For Lease

      Commercial lease space ideal for a variety of business uses.
      401 W Centerville Rd, Garland, TX 75041
      View Details
    • $1,200 /Mo
      1,200 SF

      Remodeled Office Space For Lease

      Commercial lease space ideal for a variety of business uses.
      401 W Centerville Rd, Garland, TX 75041
      View Details
    • $1,547 /Mo
      1,002 SF

      Professional Office Space in Garland, TX

      2,670 SF office suite with lobby, reception, and conference rooms.
      350 Oaks Trl, Garland, TX 75043
      View Details
    • $4,500 /Mo
      1,002 SF

      Functional Office Space in Garland

      Versatile office space with reception, meeting areas, and convenient access.
      362 Oaks Trl, Garland, TX 75043
      View Details
    • New
      $3,945 /Mo
      36,329 SF

      Medical Office Space For Lease

      Medical office suite available in renovated Garland building near I-30.
      1605 N Garland Ave, Garland, TX 75040
      View Details
    • $1,056 /Mo
      1,002 SF

      Spacious Office Suite in Garland

      Large office space with split open floor plan and private access.
      350 Oaks Trl, Garland, TX 75043
      View Details

    FAQs

    What type of property is this?
    Flex space - Flex space in Garland, TX, suitable for storage, office, commercial uses.
    Where is this flex space located?
    The property is located at 522 W Walnut Cir Garland, TX.
    What is the lease rate?
    The lease rate is $5 SF/Yr.
    What are key features of this property?
    This property features: - High traffic location on State HWY 78 suitable for commercial use.; - Features a four-bay garage/storage area.; - Includes a one-bedroom residence plus an office.
    (469) 777-1621
    Request Owner's contact information
    522 W Walnut Cir Garland, TX 75040
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    522 W Walnut Cir
    Garland, TX 75040
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    522 W Walnut Cir Garland, TX 75040
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Zachary Sadeghian
    Real Estate License ID: 0740185
    (469) 777-1621
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.