3103 Garland Ave Garland, TX 75041
This exceptional 0.741-acre commercial land parcel presents a rare development opportunity on Garland Avenue (Hwy 78) in Garland, Texas. Situated at a bustling intersection with Kingsley Road, this property benefits from exceptional visibility and high daily traffic counts: 24,378 vehicles per day on Garland Avenue and over 15,000 on Kingsley Road. Its strategic location offers easy access to Garland's main industrial district and Hwy 635, ensuring strong potential for various commercial ventures. The site is located within PD 08-52, a Tax Increment Financing (TIF) District, potentially offering significant financial advantages. Garland, the third-largest city in Dallas County and thirteenth-largest in Texas, boasts a diverse economy with a strong presence of Fortune 500 and 100 companies, specializing in healthcare, renewable technology, wireless communications, and manufacturing. This prime location, coupled with the city's robust economic landscape, makes this property an ideal investment for discerning developers seeking high-impact commercial development in a thriving Texas market. The property's address is 3103 S Garland Ave, Garland, TX 75041, within Dallas County.
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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.