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    Multi-Tenant Industrial Value Add Property Title is generated by Realmo AI

    325 Gold St, Garland, TX

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    Multi-tenant industrial property with below market rents in Garland, TX.

    Type:INDUSTRIAL
    Property size:
    20,902 SF
    Lot size:
    1.30 Acres
    Price / SF:
    $124/SF
    Added:
    Nov 8, 2024
    Days on Market:
    584
    Last Refresh:
    May 20 at 8:49 pm

    Property Features for 325 Gold St

    General Information

    Standard status
    Active
    Size
    20,902 SF
    Lot size
    1.30 Acres
    Property subtype
    INDUSTRIAL

    Properties For Sale

    at 325 Gold St Contact us

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    Listing Contact
    David Jackson
    David Jackson

    Listing agent David Jackson License #0276047

    Listing office The Jackson Company

    Listing date Nov 8, 2024

    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 The Jackson Company

    HighLights

    • Value add property presents a unique opportunity.
    • Below market rents offer immediate upside potential.
    • Multi‑tenant industrial building.
    • 4.4% submarket vacancy suggests strong tenant demand.
    • Infill property.

    Overview

    This multi-tenant industrial property is located in Garland, TX. It is an infill property with value add potential. The property is characterized by below market rents and is situated in a submarket with a 4.4% vacancy rate. The property has a size of 20902 square feet.

    Local Financial Insights For Warehouse

    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 $208.2k $9.96
    − Vacancy −$19.8k −$0.95
    EGI $188.4k $9.01
    − OpEx −$28.3k −$1.35
    NOI $160.1k $7.66
    20,902 SF · lease $9.96/SF/yr · vacancy 9.50% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $2.29M
    $2.00M – $2.67M (±1% cap)
    NOI $160,145 @ 7.0% cap · market cap 6.16%
    Second Best
    Industrial
    $1.88M
    $1.65M – $2.20M (±1% cap)
    NOI $131,885 @ 7.0% cap · market cap 5.07%
    Theoretical Best
    Office A
    $25.08M
    $21.95M – $29.26M (±1% cap)
    NOI $1,755,648 @ 7.0% cap · market cap 67.52%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Metrostat Diagnostic Imaging Medical Clinic Scott Technical Sales ... Industrial Manufacturer REGIO TAX GARLAND Tax Preparation Gainesville Animal Exterminator Garden Center PARKING LOT GUYS Construction Company

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

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

    Similar Places Nearby

    • Reliable Storage — 183 S Shiloh Rd, Garland, TX 75042
    • Self Storage — 455 n garland ave, garland, tx 75042
    • Ward North American - Dallas–Garland Movers — 902 S International Rd #300, Garland, TX 75042
    • Closetbox — 902 S International Rd #300, Garland, TX 75042
    • North American Van Lines — 902 S International Rd suite 300-a, Garland, TX 75042

    Location Insight

    • Map
    • Local Demand
    City
    Garland
    County
    Dallas
    State
    Texas
    Longitude
    -96.6599
    Latitude
    32.9105

    FAQs

    What type of property is this?
    Warehouse - Multi-tenant industrial property with below market rents in Garland, TX.
    Where is this warehouse located?
    The property is located at 325 Gold St Garland, TX.
    What is the asking price?
    The asking price for this property is $2,600,000.
    What are key features of this property?
    This property features: Value add property presents a unique opportunity.; Below market rents offer immediate upside potential.; Multi‑tenant industrial building.
    (214) 244-4424 Call to check price and availability
    More about this property
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