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Automotive Property With Office Space
For Sale
$1,149,900

200 E Avenue A, Garland, TX 75040

CommercialSale, Garland, TX

Property Size1,212 SF
Lot Size0.41 Acres
Price / SF$948.76
Days on Market96

Property Features for 200 E Avenue A

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Heavy Commercial
Parking features Gated, Parking Lot
Subdivision Downtown Garland
Directions From PGBT take Lavon Drive South, left on First St., Left on Ave. A, property on your right. From 635 E take Forrest which turns into Ave D, Left on First St., right on Ave A, property on your right From 635 W take W Centerville RRd.ad, left on First St., right on Ave A, property on your right.
Standard status Active
APN 26100500020150000
Lot size 0.41 Acres

Taxes and HOA fees

Tax Annual Amount 1930

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Cooling system Central Air
Water source Public

Building Details

Year built 1970
Floors in Building 1
Number of units 1
Flooring type Tile, Carpet
Building materials Block, Concrete, TiltUp
Roof type Tar/Gravel
Listing Agency: Allie Beth Allman & Assoc. · Berkshire Hathaway HomeServices
Listed By: John Scoggins
Added: Jul 15 Changed: Sep 14 Last Checked: Oct 18 at 12:06PM
MLS# 20860451

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.

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Investment Insights

Based on property information with market context.

This automotive property at 200 E Avenue A in Garland includes two parcels and a 1,212-square-foot office building. The existing office is currently associated with a car dealership and features tile and carpet flooring, central air conditioning, and natural-gas heating. Block, concrete, and tilt-up construction, along with a tar-and-gravel roof, are documented for the building, which dates to 1970.

The property has a gated parking lot and is served by public water and public sewer. The office component provides an established commercial structure for automotive operations or other uses supported by the property’s existing configuration.

Key Highlights

  • Two parcels included in the sale
  • 1,212‑square‑foot office space
  • Existing car dealership operation

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$69,598
Cap Rate
6.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,391,960 $1.4M
Cap Rate 7%
$994,257 $994.3K
Cap Rate 9%
$773,311 $773.3K
Market Conditions
NOI Build-Up for 1,212 SF
Gross rent
$124.1K $102.36/SF
− Vacancy
−$31.3K −$25.79/SF
EGI
$92.8K $76.57/SF
− OpEx
−$23.2K −$19.14/SF
NOI
$69.6K $57.42/SF
Area
Garland, TX
Vacancy
25.20%
Lease Rate
$102.36 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,391,960
Cap Rate 7%
$994,257
Cap Rate 9%
$773,311

Alternative Uses

Best Use
Office B
$994.3K
$870.0K – $1.16M (±1% cap)
NOI $69,598 @ 7.0% cap · market cap 6.05%
Second Best
Retail
$278.6K
$243.8K – $325.0K (±1% cap)
NOI $19,502 @ 7.0% cap · market cap 1.70%
Theoretical Best
Office A
$1.45M
$1.27M – $1.70M (±1% cap)
NOI $101,801 @ 7.0% cap · market cap 8.85%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Texas Motor Investment Car Dealership

Suggested Use

Top Pick Real Estate Agency Pharmacy Law Firm Parking Lot & Garage Dental Office Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,203
Businesses Nearby
Balanced
Demand for This Use

Demographics for 75040, TX

64,035
Population
21,629
Households
3
Avg Household Size
36
Median Age
23%
College-Educated
77%
High-School Grad
15.7 sq mi
ZIP Area
4,079
Density / Sq Mi
$73,537
Median Household Income
$39,019
Median Earnings
$1,670
Median Rent
$245,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Similar Off Market Nearby

  • K Auto Repair — 108 E Avenue G, Garland, TX 75040
  • U-Haul Neighborhood Dealer — 136 Lavon Dr, Garland, TX 75040
  • U-Haul Moving & Storage of Garland — 902 W Walnut St, Garland, TX 75040
  • Trailer Rental at U-Haul — 902 W Walnut St, Garland, TX 75040
  • Propane Refill at U-Haul — 902 W Walnut St, Garland, TX 75040

Frequently Asked Questions

What type of property is this?
Automotive property - Two-parcel commercial property with an existing office, gated parking, and public utilities.
Where is this automotive property 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: Two parcels included in the sale; 1,212‑square‑foot office space; Existing car dealership operation
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