Back to Search
Property profile & analytics
FOR SALE
Office buildings
1014 Main St Garland, TX 75040
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US82-1825441
For Sale
1 / 3
$570,000
1014 Main St, Garland, TX 75040
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1985
Construction
FRAME
Total area
5,130 SF
Lot
0.49 ac (21,280 SF)
Zoning code
Z25
APN
26288500000050000
UPID
US82-1825441
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Premier Air Conditioning Contractor HVAC Service General Contractor
-
Herold & Herold PLLC Law Firm
-
Charles Nichols Y Asociados Law Firm
-
Quali Billing Medical Billing Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$400k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$743k
Blend (final)
Blend
$570k
Owner & transaction history
Linda Waller · 2 yrs held
Linda Waller
since 2024
7 recorded transactions
Zoning & alternative use
Z25 · Garland, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$640,000
+11.0%
Restaurant
$630,000
+8.9%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Garland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Garland submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$400,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$580,000
Current use
AUTO REPAIR, GARAGE
$640,000
Change: +11% · Conversion: Difficult
RESTAURANT
$630,000
Change: +9% · Conversion: Moderate
Blend value · Realmo final
$570k
Range $513k – $627k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$111 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$18,260
Tax year 2023
Assessed value
$798,000
Assessed 2023
Previous assessed
$798,000
+0.0% YoY
Effective rate
2.29%
On assessed value
Assessed land
$170,240
Assessed improvement
$627,760
Land market value
$170,240
Improvement market value
$627,760
Total market value
$798,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
1985
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
5,130 SF
Lot
0.49 ac (21,280 SF)
Zoning code
Z25
APN
26288500000050000
UPID
US82-1825441
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z25 · Garland, TX
Zoning Z25 · permitted uses
Z25 · Garland, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Garland. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$580,000
AUTO REPAIR, GARAGE
Est. value
$640,000
RESTAURANT
Est. value
$630,000
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
RESTAURANT
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1985
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.49 ac
Current owner
From public records · entity-resolved
Linda Waller
Individual
Mailing address
525 N ERVAY ST DALLAS
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 9, 2024
—
Linda Waller
Mayfair Capital LLC
Warranty Deed
$650,000 · Veritex Community Bank
Dec 9, 2020
—
Mayfair Cap LLC
—
Deed
related
—
Nov 18, 2013
—
Mayfair Cap LLC
Moize Herold Gardner Ptshp
Grant Deed
—
—
—
Moize Herold Gardner Ptshp
—
Deed Of Trust
related
$25,000 · Inwood National Bank
—
—
Moize Herold Gardner Ptshp
—
Deed Of Trust
related
—
—
—
Moize Herold Gardner Ptshp
—
Deed Of Trust
related
$195,000 · Inwood National Bank
—
—
Mayfair Cap LLC
—
Loan Modification
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
