Garland Industrial Site For
3350 Marquis Dr Garland, TX
3350 Marquis Dr, Garland, TX, 00000
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For Sale
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Industrial site featuring four buildings totaling 362,065 square feet.
Property Size362,065 SF
Lot Size18.74 Acres
Price / SF$69.05
Days on Market507
Property Features for 3350 Marquis Dr
General Information
- Standard status
- Active
- Size
- 362,065 SF
- Lot size
- 18.74 Acres
- Property subtype
- INDUSTRIAL
Listing Agency
NAI Robert Lynn-Dallas
(214) 256-7160
Listed by
Mark Miller
(214) 256-7100
Source
Moodyscre
Added: Feb 25, 2025 Checked: Jul 16 at 7:28 am
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 NAI Robert Lynn-Dallas
Investment Insights
Based on property information with market context.
This industrial site in Garland, Texas, includes four buildings totaling 362,065 square feet. Situated on 18.74 acres, the property is suitable for warehousing and light manufacturing. The site is fully fenced and secured with a guard shack.
Key Highlights
- Four buildings totaling 362,065 SF
- Situated on 18.74 acres
- Fully fenced & secured with guard shack
Local Financial Insights For Industrial
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 | $3.61M | $9.96 |
| − Vacancy | −$342.6k | −$0.95 |
| EGI | $3.26M | $9.01 |
| − OpEx | −$979.1k | −$2.70 |
| NOI | $2.28M | $6.31 |
362,065 SF · lease $9.96/SF/yr · vacancy 9.50% · expense 30.00%
Alternative Uses
Best Use
Warehouse
$39.63M
$34.68M – $46.23M
NOI $2,774,044 @ 7.0% cap · market cap 11.10%
Second Best
Industrial
$32.64M
$28.56M – $38.08M
NOI $2,284,507 @ 7.0% cap · market cap 9.14%
Theoretical Best
Office A
$434.45M
$380.14M – $506.86M
NOI $30,411,375 @ 7.0% cap · market cap 121.65%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Manufacturing properties
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FAQs
What type of property is this?
Manufacturing property - Industrial site featuring four buildings totaling 362,065 square feet.
Where is this manufacturing property located?
The property is located at 3350 Marquis Dr Garland, TX.
What is the asking price?
The asking price for this property is $25,000,000.
What are key features of this property?
This property features: Four buildings totaling 362,065 SF; Situated on 18.74 acres; Fully fenced & secured with guard shack
