Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Freeway-Adjacent Restaurant Opportunity in Garland Title is generated by Realmo AI

    12733 Lyndon B Johnson Fwy, Garland, TX 75041

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    High-visibility restaurant space with existing infrastructure on LBJ Freeway.

    Type:Retail
    Property size:
    5,440 SF
    Price / SF:
    $275/SF
    Added:
    Jan 30, 2026
    Days on Market:
    105
    Last Refresh:
    Mar 17 at 1:14 pm

    Property Features for 12733 Lyndon B Johnson Fwy

    General Information

    Standard status
    Active
    Size
    5,440 SF
    Property subtype
    Retail

    Building Details

    Year Built
    1977

    We can help!

    Listing Contact
    Robert Alvarez
    Robert Alvarez

    Listing agent Robert Alvarez License #0352949

    Listing office MRA Realtors

    Listing date Jan 30, 2026

    Source Crexi

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

    All listing content including descriptions, pricing, images are the copyrighted material of MRA Realtors

    HighLights

    • Exceptional frontage and visibility on LBJ Freeway (I‑635).
    • Fully built‑out kitchen with vent hood, walk‑in cooler, and walk‑in freezer.
    • Second‑generation restaurant space reduces build‑out costs.
    • Strategic location at LBJ Freeway and Northwest Highway.
    • Surrounded by dense residential neighborhoods and a strong commercial base.
    • Prominent signage opportunities available.

    Overview

    This second-generation restaurant space is located at 12733 LBJ Freeway in Garland, offering frontage along LBJ Freeway (I-635) with immediate access and strong daily traffic exposure. Formerly operated as a full-service restaurant, the 5,440-square-foot space features a fully built-out kitchen, including a vent hood, walk-in cooler, and walk-in freezer. The existing infrastructure makes this an opportunity for restaurant, fast-casual, or food-service operators. Positioned at the corner of LBJ Freeway and Northwest Highway, the site benefits from visibility, signage opportunities, and freeway connectivity. The property is surrounded by residential neighborhoods and a commercial base, supporting customer traffic, delivery demand, and brand recognition.

    Financial Insights

    Value Estimation Calculated for Specialty Retail

    Conservative
    $1.04M
    NOI $93,686 @ 9.00% cap · cautious / downside scenario
    Moderate
    $1.34M
    NOI $93,686 @ 7.00% cap · market / base-case scenario
    Aggressive
    $1.87M
    NOI $93,686 @ 5.00% cap · optimistic / upside scenario

    NOI & Cap Rate Calculator

    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.
         Calculated for Specialty Retail

    Component $ $/SF
    Gross rent $131.2k $24.12
    − Vacancy −$6.3k −$1.16
    EGI $124.9k $22.96
    − OpEx −$31.2k −$5.74
    NOI $93.7k $17.22
    5,440 SF · lease $24.12/SF/yr · vacancy 4.80% · expense 25.00%

    Alternative Use Scenarios

    Best Use
    Specialty Retail
    $1.34M
    $1.17M – $1.56M (±1% cap)
    NOI $93,686 @ 7.0% cap · market cap 6.25%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $6.53M
    $5.71M – $7.62M (±1% cap)
    NOI $456,929 @ 7.0% cap · market cap 30.46%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Conventional restaurants

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Garland
    County
    Dallas
    State
    Texas
    Longitude
    -96.660905
    Latitude
    32.865434

    Nearby Similar for Sale

    • $2,400,000
      3,401 SF

      Multi-Use Commercial Property For Sale

      High-visibility corner lot with multiple income streams in Garland, TX.
      2002 Highway 66, Garland, TX 75040
      View Details
    • $1,250,000
      4,486 SF

      Turnkey Car Dealership Opportunity

      Equipped car dealership with office, storage, and service facilities.
      2623 S Garland Avenue, Garland, TX 75041
      View Details
    • $200,000

      Established Auto Service Business

      Turn-key auto service business in high-traffic Garland location.
      1106 S 1st Street, Garland, TX 75040
      View Details
    • $1,100,000
      2,970 SF

      Garland Retail with Drive-Thru

      Retail property with drive-thru, equipment, and high-traffic location.
      6318 Broadway Boulevard, Garland, TX 75043
      View Details
    • $1,100,000

      Established Car Wash Investment Opportunity

      Family-owned car wash in Garland, TX, with strong income potential.
      3025 Arapaho Road, Garland, TX 75044
      View Details
    • $425,000

      Duplex Near Alamo Park

      Duplex with fenced backyard near Alamo Park in Garland, TX.
      2009 Santa Anna Drive, Garland, TX 75042
      View Details
    • $6,600,000
      24,258 SF

      Garland Townhome Units For Sale

      Investment opportunity: up to 18 townhome units in Garland, TX.
      3202 Wexford Drive, Garland, TX 75043
      View Details
    • $775,000

      Garland, TX Quadruplex For Sale

      Investment opportunity: Quadruplex in Garland, TX with tenant occupancy.
      2117 W Walnut Street, Garland, TX 75042
      View Details
    • $575,000

      Garland Duplex Near Downtown

      Recently renovated duplex near downtown Garland, Texas. Great investment opportunity.
      105 Garfield Street, Garland, TX 75042
      View Details
    • $1,149,900

      Garland Commercial Property with Office

      Two parcels with office space in high-traffic Garland location.
      200 E Avenue A, Garland, TX 75040
      View Details
    • $1,350,000
      2,022 SF

      Garland, TX - Investment Opportunity

      Package of four tenant-occupied single-family homes in Garland, Texas.
      1809 Crockett Street, Garland, TX 75042
      View Details

    FAQs

    What type of property is this?
    Conventional restaurant - High-visibility restaurant space with existing infrastructure on LBJ Freeway.
    Where is this conventional restaurant located?
    The property is located at 12733 Lyndon B Johnson Fwy Garland, TX.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: Exceptional frontage and visibility on LBJ Freeway (I‑635).; Fully built‑out kitchen with vent hood, walk‑in cooler, and walk‑in freezer.; Second‑generation restaurant space reduces build‑out costs.
    (214) 642-3723 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Robert Alvarez
    Robert Alvarez
    Real Estate License ID: 0352949
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    12733 Lyndon B Johnson Fwy, Garland, TX 75041
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!