116 Austin St, Garland, TX 75040
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.
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
Similar Nearby for Sale
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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.