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    1600 Firewheel Pkwy Garland, TX 75040

    For Sale
    Contact for pricing

    Prime 2.67-acre commercial land, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 2.67-acre commercial land parcel presents a unique development opportunity in Garland, Texas. Situated at the hard corner of Firewheel Parkway and Castle Drive, this strategically located site boasts significant visibility and accessibility. The property is zoned CR (Commercial), allowing for a variety of development options. Preliminary site work has already been completed, including grubbing, rough grading, and utility stubbing, streamlining the development process. The site benefits from a signalized intersection, ensuring easy ingress and egress. Its location offers high traffic counts, with Firewheel Parkway recording 23,270 vehicles per day (TXDOT, 2021) and Castle Drive registering 6,717 vehicles per day (TXDOT, 2019). The property's proximity to a 7-Eleven and the future ParcHaus Garland residential development further enhances its appeal and potential. This is a rare opportunity to acquire a well-prepared commercial site in a thriving area of Garland, offering significant potential for immediate development. The address is 1600 Firewheel Pkwy, Garland, TX 75040, within Dallas County. Contact for pricing and further information.

    Property Features for 1600 Firewheel Pkwy

    General Information

    Property type
    Land
    Lot Size
    116,305 SF

    HighLights

    • 2.67‑acre commercial land parcel in Garland, TX.
    • High‑visibility corner lot at Firewheel Parkway and Castle Drive.
    • CR zoning allows for diverse development options.
    • Preliminary site work completed (grubbing, grading, utility stubbing).
    • Signalized intersection for easy access.
    • High traffic counts: Firewheel Pkwy - 23,270 VPD (2021), Castle Dr - 6,717 VPD (2019).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    ParcHAUS at Firewheel Parkway Housing Development

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Garland
    County
    Dallas
    State
    Texas
    Longitude
    -96.586136865678
    Latitude
    32.928741168814

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    FAQs

    What type of property is this?
    Land - Prime 2.67-acre commercial land, ideal for development.
    Where is this land located?
    The property is located at 1600 Firewheel Pkwy Garland, TX.
    What are key features of this property?
    This property features: 2.67-acre commercial land parcel in Garland, TX.; High-visibility corner lot at Firewheel Parkway and Castle Drive.; CR zoning allows for diverse development options.
    Request Owner's contact information
    1600 Firewheel Pkwy Garland, TX 75040
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    Garland, TX 75040
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    Realmo Value Estimation

    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.

    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.

    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
    1600 Firewheel Pkwy Garland, TX 75040
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