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    Commercial Lot with Freeway Frontage Title is generated by Realmo AI

    1625 E Interstate 30, Garland, TX 75043

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    Claim this Listing
    For Sale
    $1,100,000

    LAND - Garland, TX

    Property size:
    51,584 SF
    Lot size:
    1.18 Acres
    Price / SF:
    $21/SF
    Added:
    Feb 26, 2026
    Days on Market:
    100
    Last Refresh:
    Jun 6 at 8:06 am

    Property Features for 1625 E Interstate 30

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    261783000104B0000
    Lot size
    1.18 Acres

    Taxes and HOA fees

    Tax Description
    FAULKNER POINT NORTH 2 REP BLK 1 LOT 4B ACS 1
    Tax Annual Amount
    5864

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Floors in Building
    1

    We can help!

    Listing Contact
    Daniel Harker

    Listing agent Daniel Harker License #0435185

    Listing office Keller Williams Realty DPR Dallas, TX

    Listing date Feb 26, 2026

    MLS# 21179243

    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.

    HighLights

    • 51,584 SF commercially zoned lot with frontage along the newly completed I‑30 frontage road for high‑traffic exposure.
    • Cross‑access available to the adjacent Quality Inn to support shared access and circulation.
    • Public water and public sewer available for on‑site utility connections.
    • Located 0.5 miles west of Sapphire Bay, a $1B, 116‑acre mixed‑use development with a 500‑room Hyatt hotel and conference center.
    • Directly across Lake Ray Hubbard on I‑30 from The Harbor, with Harbor Heights and Rockwall Heights nearby.
    • Flexible zoning supports medical offices, restaurants/bars, automotive services, and storage (pending approvals), plus build‑to‑suit opportunities.

    Overview

    This commercially zoned lot totals 51,584 SF and is served by on-site utilities, helping reduce development steps. The property’s cross-access configuration supports connectivity with an adjacent Quality Inn. Zoning is described as flexible, with stated support for medical offices, restaurants and bars, automotive services, and build-to-suit opportunities, and storage as a pending approval category.

    The site sits along a newly completed I-30 frontage road and is positioned for strong visibility with heavy local and regional traffic. It is located about 0.5 miles west of Sapphire Bay, a 116-acre mixed-use development featuring a 500-room Hyatt hotel and conference center. It also benefits from regional context across Lake Ray Hubbard, including The Harbor, with Harbor Heights and Rockwall Heights nearby and described for retail, restaurants, 485 townhomes and condos, green spaces, and an amphitheater.

    Given the freeway frontage exposure, utility readiness, and flexible zoning, the property is well-suited for operators seeking high-visibility retail and entertainment, hospitality-adjacent concepts, or professional uses such as medical offices. The build-to-suit approach may also appeal to investors and tenants looking to tailor improvements to a specific program, including restaurant or service-oriented activity.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Gym & Fitness Center Pharmacy Big Box & Wholesale Store Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Garland
    County
    Dallas
    State
    Texas
    Longitude
    -96.543623
    Latitude
    32.865914

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    FAQs

    What type of property is this?
    Commercial land - Commercially zoned, utility-ready lot with strong frontage road visibility and cross-access to a nearby hotel.
    Where is this commercial land located?
    The property is located at 1625 E Interstate 30 Garland, TX.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: 51,584 SF commercially zoned lot with frontage along the newly completed I‑30 frontage road for high‑traffic exposure.; Cross‑access available to the adjacent Quality Inn to support shared access and circulation.; Public water and public sewer available for on‑site utility connections.
    (972) 732-6000
    We can help!
    Listing Contact
    Daniel Harker
    Real Estate License ID: 0435185
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    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
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