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    Firewheel Pkwy Garland, TX 75040

    For Sale
    $1,306,800

    Prime Garland Commercial Land: Firewheel Parkway

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 5-acre commercial tract is situated on the south side of Firewheel Parkway in Garland, Texas, between Castle Road and Centerville Road. Boasting approximately 800 feet of frontage, this level lot presents a rare opportunity in a rapidly developing area with limited remaining commercial land along this major thoroughfare. Currently zoned for retail, this property offers significant potential for alternative uses, including townhomes (previously zoned as such in 2005) or senior multi-family housing. The site is easily accessible, with excellent visibility from Firewheel Parkway, a six-lane road with a divided median, providing high traffic exposure. Its strategic location offers proximity to the President George W. Bush Tollway and Firewheel Mall (2 miles west), ensuring convenient access to a large consumer base and strong regional connectivity. The asking price of $1,306,800 represents exceptional value in this competitive market. While 4.25 acres are net of flood plain, the entire 5-acre parcel provides ample space for development. The property's favorable topography and high frontage-to-depth ratio (819) further enhance its development potential. This is a truly unique opportunity to acquire a prime commercial parcel in a high-growth area of Garland.

    Property Features for 0 Firewheel Pkwy

    General Information

    Property type
    Land
    Lot Size
    217,800 SF

    HighLights

    • 5‑acre commercial tract on Firewheel Parkway in Garland, TX, with 800 ft of frontage.
    • 819 frontage‑to‑depth ratio.
    • Level lot with no topography issues.
    • Priced at $1,306,800 for a quick sale.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Garland
    County
    Dallas
    State
    Texas
    Longitude
    -96.590883031101
    Latitude
    32.931136517361

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    FAQs

    What type of property is this?
    Land - Prime Garland Commercial Land: Firewheel Parkway
    Where is this land located?
    The property is located at Firewheel Pkwy Garland, TX.
    What is the asking price?
    The asking price for this property is $1,306,800.
    What are key features of this property?
    This property features: 5-acre commercial tract on Firewheel Parkway in Garland, TX, with 800 ft of frontage.; 819 frontage-to-depth ratio.; Level lot with no topography issues.
    Request Owner's contact information
    Firewheel Pkwy 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
    Firewheel Pkwy Garland, TX 75040
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