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    3200 Broadway Blvd Garland, TX 75043-1573

    • Office buildings
    • 77,415 SF
    • 5.25 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-3500684
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Pai Kavitha DDS / Dentist
    • Broadway Family Dentistry / Dentist
    • Broadway Elite Medical - Hayan Orfaly, M.D. / Medical Clinic
    • Diana Wickman: Allstate Insurance / Insurance Company / Life Insurance Agency
    • Davis Dyer Max, Inc / Insurance Agency

    Property Details for 3200 Broadway Blvd

    Year built
    1986
    Construction
    FRAME
    Lot size
    5.25 lot acres
    Property size
    77,415 SF
    Zone code
    Z263
    Property type
    Office buildings
    APN
    26554500000010100
    APU
    26554500000010100

    Description

    3200 Broadway Boulevard in Garland, Texas, presents a remarkable office opportunity. This five-story building, totaling 90,947 square feet, offers a variety of spaces to suit diverse business needs. The property features executive office suites and coworking options, with available spaces ranging from a minimum of 746 square feet to a maximum contiguous space of 13,707 square feet. Currently, 30,764 square feet are vacant and ready for immediate occupancy. The building is situated on an entire city block, providing tenants with the convenience of ample free surface parking, a rarity in this area. The 3.30 parking spaces per 1,000 square feet ratio ensures convenient parking for employees and clients. Its strategic location in Garland, Dallas County, offers easy access to major thoroughfares like George Bush Highway and Loop 12, enhancing connectivity and accessibility. The surrounding area boasts a vibrant mix of restaurants and shopping amenities, providing a convenient and attractive environment for employees and visitors. This multi-tenant building is ideal for businesses seeking flexible and well-located office space in the thriving Garland market. The property's size and layout offer significant potential for both established companies and startups. Contact us today to explore the possibilities.

    Value Estimations

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Garland
    County
    Dallas
    State
    Texas
    Longitude
    -96.619
    Latitude
    32.8778
    CBSA code
    19100
    CBSA name
    DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $136,779
    $1,372,320
    $4,605,280
    $5,977,600
    -
    $1,372,320
    $4,605,280
    $5,977,600

    Comparable in this City

    • Value Estimation by Request
      1,000 SF

      6444 Broadway Blvd, Unit 2

      OFFICE BUILDING • 1,000 SF
      6444 Broadway Blvd, Garland, TX 75043-5943
      View Details
    • Value Estimation
      $330,000
      1,600 SF

      3603 Broadway Blvd, Unit C

      OFFICE BUILDING • 1,600 SF
      3603 Broadway Blvd, Garland, TX 75043-1647
      View Details
    • Value Estimation by Request
      24,300 SF

      346 Oaks Trl

      OFFICE BUILDING • 24,300 SF
      346 Oaks Trl, Garland, TX 75043-4085
      View Details
    • Value Estimation
      $380,000
      1,054 SF

      750 Colonel Dr Ste, Unit 5

      OFFICE BUILDING • 1,054 SF
      750 Colonel Dr Ste, Garland, TX 75043-2300
      View Details
    • Value Estimation
      $335,000
      1,272 SF

      6330 Broadway Blvd Ste B

      OFFICE BUILDING • 1,272 SF
      6330 Broadway Blvd Ste B, Garland, TX 75043-5956
      View Details
    • Value Estimation
      $325,000
      675 SF

      3635 Broadway Blvd, Unit 1

      OFFICE BUILDING • 675 SF
      3635 Broadway Blvd, Garland, TX 75043-1647
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      24,300 SF

      Garland Executive Office Building

      24,300 SF Office Building For Sale
      362 Oaks Trl, Garland, TX 75043
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    • $1,225,000
      1.00 Acre

      Garland Land Ready for Development

      Land with approved plans for 17 townhomes near I-30.
      5324 Broadway Blvd, Garland, TX 75043
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    • $3,999,900
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      Lakefront Condo Units Investment Opportunity

      25 condo units near Lake Ray Hubbard, allows short term rentals.
      4492 Chaha Rd, Garland, TX 75043
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    • New
      $2,399,000
      5.62 Acres

      Garland Land Ready For Development

      5.617 acres of unimproved land suitable for various commercial uses.
      520 E Oates Blvd, Garland, TX 75043
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    • $2,200,000
      9,874 SF

      Garland Townhome Portfolio: 18 Units

      Luxury Townhomes, High ROI Potential
      3202 Wexford Dr, Garland, TX 75043
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    • $1,100,000
      2,970 SF

      High-Traffic Garland Retail Space

      Prime Location, I-30 Visibility, Drive-Thru
      6318 Broadway Blvd, Garland, TX 75043
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    Similar Nearby for Lease

    • $532 /Mo
      1,002 SF

      Functional Office Space in Garland

      Well-maintained office space with convenient location and easy client access.
      362 Oaks Trl, Garland, TX 75043
      View Details
    • $835 /Mo
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      Functional Commercial Space in Garland

      835 sq ft space ideal for office or showroom use.
      350 Oaks Trl, Garland, TX 75043
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    • $1,056 /Mo
      1,002 SF

      Spacious Office Suite in Garland

      Large office space with split open floor plan and private access.
      350 Oaks Trl, Garland, TX 75043
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    • $383 /Mo
      1,002 SF

      Functional Office Space in Garland

      Well-maintained office space ideal for small businesses and professionals.
      362 Oaks Trl, Garland, TX 75043
      View Details
    • $1,547 /Mo
      1,002 SF

      Professional Office Space in Garland, TX

      2,670 SF office suite with lobby, reception, and conference rooms.
      350 Oaks Trl, Garland, TX 75043
      View Details
    • $500 /Mo
      1,002 SF

      Functional Office Space in Garland

      Well-maintained 500 sq ft office space, ideal for small business.
      362 Oaks Trl, Garland, TX 75043
      View Details
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    3200 Broadway Blvd
    Garland, TX 75043-1573
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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
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