Office and Retail Showroom
200 E 200 E Avenue A Garland, TX 75040
New
200 E 200 E Avenue A, Garland, TX, 75040
$1,149,900
For Sale
$1,149,900
Sale includes two parcels plus an existing 1,212-square-foot office space in a high-traffic commercial area.
Property Size1,212 SF
Lot Size0.40 Acres
Price / SF$948.76
Days on Market2
Property Features for 200 E 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) 794-7662
Listed by
John Scoggins · License #0632067
(214) 794-7662
Source
Xome
Added: Jul 17 Checked: Jul 18 at 3:41 am
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 offering includes two (2) parcels of approximately 0.20 acres each, for a total of about 0.40 acres, along with an existing 1,212-square-foot office space. The office can be used for various business purposes, and the current owners operate a car dealership.
The property is situated in a high-traffic commercial area in Garland, designed to support convenient access and visibility for clients and staff.
The owner is also willing to sell either parcel individually, providing flexibility for buyers looking for a smaller footprint.
The property is situated in a high-traffic commercial area in Garland, designed to support convenient access and visibility for clients and staff.
The owner is also willing to sell either parcel individually, providing flexibility for buyers looking for a smaller footprint.
Key Highlights
- Sale includes 2 parcels totaling 0.40 acres (.20 acres each).
- Includes an existing 1,212‑square‑foot office space.
- Office includes 3 guest facilities.
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
Showrooms
Similar For Sale Nearby
Similar Off Market Nearby
- Utsarg Thapa Carpet Store — 1010 Hebron Dr #213, Garland, TX 75040
FAQs
What type of property is this?
Showroom - Sale includes two parcels plus an existing 1,212-square-foot office space in a high-traffic commercial area.
Where is this showroom located?
The property is located at 200 E 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 2 parcels totaling 0.40 acres (.20 acres each).; Includes an existing 1,212‑square‑foot office space.; Office includes 3 guest facilities.
