325 Gold St, Garland, TX
Multi-tenant industrial property with below market rents in Garland, TX.
- 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 usListing agent David Jackson License #0276047 (214) 244-4424
Listing office The Jackson Company (214) 244-4424
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
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 |
Alternative Uses
Current Use by Public Records
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