Technical
Financial
Distress signals
Property profile

1420 Frst Ln Garland, TX 75042

OFF-MARKET
Car washes
Property ID
US83-2685802
2,750 SF 0.48 ac lot Built 1982
Individually Owned 5-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 2,750-square-foot freestanding retail building in Garland, Texas, presents a unique leasing opportunity. Ideally situated at 1420 Forest Ln, 75042, this single-tenant property boasts a highly desirable location near Garland Municipal Court and Garland High School in downtown Garland. The building has undergone a complete renovation, featuring a brand-new TPO roof, two updated restrooms, a robust 10-ton HVAC system, and completely overhauled electrical and plumbing systems. Further enhancing its appeal are a new drop ceiling with insulation, a state-of-the-art security camera system, and ample covered parking. The property also includes a convenient drive-through window and a prominent 12' x 7' monument sign for excellent visibility and branding opportunities. The versatile floor plan is suitable for a wide range of uses, including daycare facilities, medical offices, financial institutions, pharmacies, restaurants (including walk-up service), retail businesses, auto leasing, and minor auto repair shops. This turnkey property offers immediate occupancy and is ready for its next successful tenant. Its prime location and extensive recent upgrades make this an exceptional investment opportunity. Contact us today to schedule a viewing.

Property profile

Verified
Property type Car washes
Use group CAR WASH
Year built 1982
Construction TILT-UP CONCRETE
Total area 2,750 SF
Lot 0.48 ac (20,908 SF)
Zoning code Z90
APN 26286000010030100
UPID US83-2685802

Cap rate & NOI

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

Location

1420 Frst Ln Garland, TX 75042-7929
Garland metro Census 18900 DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$115k

Owner & transaction history

since 2020
5 recorded transactions
2020
Price N/A
2012
Price N/A
2010
Price N/A
2007
$56,100
1998
Price N/A

Zoning & alternative use

Z90 · Garland, TX

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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