Property profile

116 Austin St Garland, TX 75040

OFF-MARKET
Warehouses
3,000 SF Built 1983
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Property summary

AI-generated overview

This vacant 3,000 square foot industrial building in Garland, Texas, is available for sale at $570,000 ($190/SF). Located at 116 Austin St, 75040, this single-story, Class C building sits on a 10,000 square foot lot and offers a functional blend of office and warehouse space. Built in 1983, the property features a 10-foot ceiling height and three grade-level doors. The fully paved lot is fenced for added security. This owner-user opportunity is ideally suited for businesses needing under 10,000 square feet of space. Its prime location offers easy access to I-635 and the President George Bush Turnpike, placing it approximately 0.25 miles from Downtown Garland and within minutes of the Garland Industrial Submarket. The surrounding area boasts strong demographics, with over 312,538 residents and over $3.3 billion in consumer spending within a five-mile radius. The property is currently vacant and presents a unique chance to acquire a functional industrial space in a thriving location. No ground lease is involved.

Property profile

Verified
Property type Warehouses
Year built 1983
Total area 3,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

116 Austin St Garland, TX 75040
Garland metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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