Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Land Near Interstate 30 Title is generated by Realmo AI

    260 E Interstate 30, Garland, TX

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    0.518 acres of commercial land in a growing area.

    Type:LAND
    Lot size:
    0.52 Acres
    Added:
    Oct 18, 2021
    Days on Market:
    1689
    Last Refresh:
    May 20 at 8:23 pm

    Property Features for 260 E Interstate 30

    General Information

    Standard status
    Active
    Lot size
    0.52 Acres
    Property subtype
    LAND

    We can help!

    Listing Contact
    Kevin Weable
    Kevin Weable

    Listing agent Kevin Weable License #689810

    Listing office M&D Real Estate LP

    Listing date Oct 18, 2021

    Source Moodyscre

    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 M&D Real Estate LP

    HighLights

    • Located off Interstate 30, a key commercial corridor.
    • .518 Acre lot in Garland, TX.
    • Excellent location in a fast‑growing retail and residential market.
    • Garland is the 12th largest city in Texas.
    • Growing economy.
    • Commercial potential.

    Overview

    This property features 0.518 acres of land located off Interstate 30 in Garland, Texas. Interstate 30 is a key commercial corridor for the city. The location is noted as being in a fast-growing retail and residential market. Garland is the 12th largest city in the state and has a growing economy.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Garland
    County
    Dallas
    State
    Texas
    Longitude
    -96.5746
    Latitude
    32.8478

    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
    • $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
    • $999,900

      Garland Retail with Drive-Through Potential

      Commercial building suitable for retail or quick-service uses.
      313 Castle Drive, Garland, TX 75040
      View Details
    • $675,000
      4,160 SF

      Garland Quadplex: Investor's Dream

      Well-maintained Garland quadplex with immediate income-producing potential.
      2813 Wimbledon Court, Garland, TX 75041
      View Details
    • $675,000
      4,160 SF

      Garland Quadplex: Investor's Dream

      Well-maintained Garland quadplex with immediate income-producing potential.
      2821 Wimbledon Court, Garland, TX 75041
      View Details
    • $695,000
      1,200 SF

      Garland Commercial Land Opportunity

      3.15 acres of unimproved commercial land in Garland, TX.
      5134 Northwest Highway, Garland, TX 75043
      View Details
    • $1,350,000
      4,160 SF

      Garland Quadplex Investment Opportunity

      Two quadplexes in Garland, TX, generating reliable rental income.
      2813 & 2821 Wimbledon Court, Garland, TX 75041
      View Details
    • $2,399,000

      Garland Land For Commercial Development

      Unimproved land suitable for various commercial developments in a busy location.
      4801 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
    • $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
    • $1,500,000

      2.25 Acre Commercial Development Opportunity

      Prime commercial land for development in Garland, Texas.
      1314 Rowlett Road, Garland, TX 75043
      View Details

    FAQs

    What type of property is this?
    Land - 0.518 acres of commercial land in a growing area.
    Where is this land located?
    The property is located at 260 E Interstate 30 Garland, TX.
    What are key features of this property?
    This property features: Located off Interstate 30, a key commercial corridor.; .518 Acre lot in Garland, TX.; Excellent location in a fast‑growing retail and residential market.
    (214) 801-7787 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Kevin Weable
    Kevin Weable
    Real Estate License ID: 689810
    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
    260 E Interstate 30, Garland, TX
    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!