Office and Retail Car Dealership
200 E Avenue A Garland, TX 75040
New
200 E Avenue A, Garland, TX, 75040
$1,149,900
For Sale
$1,149,900
Sale includes two 0.20-acre parcels and a 1,212-square-foot office in a high-traffic Garland commercial area.
Property Size1,212 SF
Lot Size0.40 Acres
Price / SF$948.76
Days on Market3
Property Features for 200 E Avenue A
General Information
- Standard status
- Active
- Size
- 1,212 SF
- Lot size
- 0.40 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 1970
Listing agency
Allie Beth Allman & Assoc.
(214) 521-7355
Listed by
John Scoggins · License #0632067
Source
Nilesrealtygroup
Added: Jul 20 Updated: Jul 21 at 7:18AM Checked: Jul 21 at 7:18AM
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 Allie Beth Allman & Assoc.
Investment Insights
Based on property information with market context.
This for-sale offering includes two parcels totaling 0.40 acres, along with a 1,212-square-foot office space. The office can support a range of business uses, and the current owners operate a car dealership from the site.
The property is located in a high-traffic commercial area of Garland, designed for accessibility and visibility for both clients and staff. The seller is also willing to sell one parcel individually or the other.
The combination of multiple parcels and an on-site office provides a flexible setup for businesses seeking a commercial site with dedicated office space.
The property is located in a high-traffic commercial area of Garland, designed for accessibility and visibility for both clients and staff. The seller is also willing to sell one parcel individually or the other.
The combination of multiple parcels and an on-site office provides a flexible setup for businesses seeking a commercial site with dedicated office space.
Key Highlights
- Sale includes two 0.20‑acre parcels for a total of 0.40 acres.
- 1,212‑square‑foot office space included in the sale.
- Built in 1970.
Local Financial Insights For Office B
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 | $124.1k | $102.36 |
| − Vacancy | −$31.3k | −$25.79 |
| EGI | $92.8k | $76.57 |
| − OpEx | −$23.2k | −$19.14 |
| NOI | $69.6k | $57.42 |
1,212 SF · lease $102.36/SF/yr · vacancy 25.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$994.3K
$870.0K – $1.16M
NOI $69,598 @ 7.0% cap · market cap 6.05%
Second Best
Retail
$278.6K
$243.8K – $325.0K
NOI $19,502 @ 7.0% cap · market cap 1.70%
Theoretical Best
Office A
$1.45M
$1.27M – $1.70M
NOI $101,801 @ 7.0% cap · market cap 8.85%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Texas Motor Investment
Car Dealership
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Sale includes two 0.20-acre parcels and a 1,212-square-foot office in a high-traffic Garland commercial area.
Where is this office units located?
The property is located at 200 E Avenue A Garland, TX.
What is the asking price?
The asking price for this property is $1,149,900.
What are key features of this property?
This property features: Sale includes two 0.20‑acre parcels for a total of 0.40 acres.; 1,212‑square‑foot office space included in the sale.; Built in 1970.
