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    309 S Garland Ave Garland, TX 75040

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    For Sale
    Contact for pricing

    Ideal site for multifamily & mixed-use development in Garland, TX.

    Lot size:
    2.40 Acres

    Property Features for 309 S Garland Ave

    General Information

    Lot size
    2.40 Acres

    Source: Capstone Commercial Agent Rick Knobler

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    2.4 Acre Redevelopment Site

    This 2.4-acre site is suitable for redevelopment, particularly for multifamily and mixed-use projects. Located in Garland, Texas, a city recognized for its pro-business environment, the property is situated within a planned development district. This district encourages residential density, addressing the current shortage in downtown Garland.
    Insight Report Location Intelligence

    Current Use by Public Records

    J&J Paint Supply Paint Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Garland
    County
    Dallas
    State
    Texas
    Longitude
    -96.648308
    Latitude
    32.9104279

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    FAQs

    What type of property is this?
    Land - Ideal site for multifamily & mixed-use development in Garland, TX.
    Where is this land located?
    The property is located at 309 S Garland Ave Garland, TX.
    What are key features of this property?
    This property features: - 2.4 acre redevelopment site; - Ideal for multifamily & mixed-use development; - Located in a planned development district
    (214) 415-5064
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    309 S Garland Ave Garland, TX 75040
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    Garland, TX 75040
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    Realmo Value Estimation

    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.

    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.

    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
    309 S Garland Ave Garland, TX 75040
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