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    4890 Tx-190 Garland, TX 75040

    For Sale
    $1,284,000

    1.42 Acres, High Traffic, $1.28M

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 1.421-acre commercial land parcel in Garland, Texas, presents a prime development opportunity. Located at 4890 TX-190, this fee-simple property boasts a highly desirable CR zoning, allowing for a variety of uses. The asking price is $1,284,000, translating to $22 per square foot. This last remaining pad site benefits from exceptional visibility and accessibility, situated at the intersection of Garland Avenue and State Highway 190, with convenient proximity to the President George Bush Turnpike. Daily traffic counts on Highway 190 reach 42,254 vehicles, while Garland Avenue sees 16,597 vehicles daily, ensuring high exposure for any development. The site's potential is further enhanced by its adjacency to a new regional super DMV location, attracting significant daily traffic. The property is ideally suited for a drive-thru restaurant or auto-related business, capitalizing on the area's robust demographics and high traffic volume. Garland's status as the fastest-growing city in Texas, coupled with its proximity to major institutions like the University of Texas at Dallas (9 miles, 29,543 students) and Southern Methodist University (18 miles, 11,643 students), underscores the long-term investment potential of this exceptional location in Dallas County, zip code 75040.

    Property Features for 4890 Tx-190

    General Information

    Property type
    Land
    Lot Size
    61,899 SF

    HighLights

    • 1.421‑acre commercial land parcel in Garland, TX, ideal for drive‑thru restaurant or auto‑related business.
    • Located at the intersection of Garland Ave. and State Hwy 190, adjacent to the President George Bush Turnpike.
    • High traffic counts: 42,254 vehicles daily on Hwy 190 and 16,597 on Garland Ave.
    • Located in Garland, Texas' fastest‑growing city, near UT Dallas (9 miles) and SMU (18 miles).
    • $1,284,000 asking price ($22/SF).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Garland
    County
    Dallas
    State
    Texas
    Longitude
    -96.640742770715
    Latitude
    32.964315139695

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    FAQs

    What type of property is this?
    Land - 1.42 Acres, High Traffic, $1.28M
    Where is this land located?
    The property is located at 4890 Tx-190 Garland, TX.
    What is the asking price?
    The asking price for this property is $1,284,000.
    What are key features of this property?
    This property features: 1.421-acre commercial land parcel in Garland, TX, ideal for drive-thru restaurant or auto-related business.; Located at the intersection of Garland Ave. and State Hwy 190, adjacent to the President George Bush Turnpike.; High traffic counts: 42,254 vehicles daily on Hwy 190 and 16,597 on Garland Ave.
    Request Owner's contact information
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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
    4890 Tx-190 Garland, TX 75040
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