4800 Tx-190 Garland, TX 75040
This exceptional 4.35-acre commercial land parcel in Garland, Texas, presents a prime development opportunity. Located on TX-190, this property boasts excellent visibility and accessibility, with significant daily traffic flow. The seller will subdivide the land, offering flexibility for various development projects, including retail, hotel, office, restaurant, quick-service restaurant (QSR), and drive-thru establishments. The asking price is $4,168,000, translating to approximately $22 per square foot. The site benefits from its proximity to major retailers such as Walmart, Target, Sam's Club, Academy Sports + Outdoors, and numerous other national brands, ensuring high consumer traffic and established market presence. Furthermore, its location is less than half a mile from a new regional DMV, generating substantial daily foot traffic. The property's strategic location also places it within close proximity to two major universities: the University of Texas at Dallas (9 miles) and Southern Methodist University (18 miles), providing access to a large student population. This development opportunity offers significant potential for substantial returns, given the high traffic volume, established retail presence, and proximity to key demographics. The property is zoned for commercial use and is ready for immediate development.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.