Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    150 W Kingsley Rd Garland, TX 75041
    Back to Search
    Property profile & analytics

    150 W Kingsley Rd Garland, TX 75041

    View on Map
    • Super regional malls
    • 11,227 SF
    • 1.01 lot acres
    For Lease
    View Listing →
    Retail Center at First & Kingsley For Lease
    Contact for pricing
    800 SF

    Retail Center at First & Kingsley

    81,127 SF retail center with diverse tenant mix.

    150 W Kingsley Rd, Garland, TX
    View Listing
    Property ID
    US82-2437965
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Ten on Ten / Discount Store
    • Melanie's Party / Party Supply Store / Rental Equipment Company
    • Doris Beauty Supply / Department Store
    • Pride Cleaners / (Bike/Boat/Book/etc) Store
    • Arif shoe deal / Clothing & Fashion Store / (Bike/Boat/Book/etc) Store

    Property Details for 150 W Kingsley Rd

    Year built
    1956
    Construction
    TILT-UP CONCRETE
    Lot size
    1.01 lot acres
    Property size
    11,227 SF
    Zone code
    Z263
    Property type
    Super regional malls
    Property subtype
    Shopping centers
    APN
    26490500030290000
    APU
    26490500030290000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Garland
    County
    Dallas
    State
    Texas
    Longitude
    -96.6322
    Latitude
    32.878
    CBSA code
    19100
    CBSA name
    DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $8,091
    $131,560
    $222,040
    $353,600
    -
    $131,560
    $222,040
    $353,600

    Comparable in this City

    • Value Estimation
      $1,215,000
      23,483 SF

      985 Centerville Rd

      REGIONAL SHOPPING CENTER, MALL • 23,483 SF
      985 Centerville Rd, Garland, TX 75041-5824
      View Details
    • Value Estimation
      $1,710,000
      34,754 SF

      1251 Nwnw Hwy

      REGIONAL SHOPPING CENTER, MALL • 34,754 SF
      1251 Nwnw Hwy, Garland, TX 75041-5835
      View Details
    • Value Estimation
      $1,055,000
      42,012 SF

      3160 Saturn Rd

      REGIONAL SHOPPING CENTER, MALL • 42,012 SF
      3160 Saturn Rd, Garland, TX 75041-4355
      View Details
    • Value Estimation
      $4,105,000
      98,215 SF

      1021 Nwnw Hwy

      REGIONAL SHOPPING CENTER, MALL • 98,215 SF
      1021 Nwnw Hwy, Garland, TX 75041
      View Details
    • Value Estimation
      $1,925,000
      42,642 SF

      903 Centerville Rd

      REGIONAL SHOPPING CENTER, MALL • 42,642 SF
      903 Centerville Rd, Garland, TX 75041-5824
      View Details
    • Value Estimation
      $755,000
      24,590 SF

      1015 Centerville Rd

      REGIONAL SHOPPING CENTER, MALL • 24,590 SF
      1015 Centerville Rd, Garland, TX 75041-5914
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Development-Ready Land in Garland, TX

      Infill pad sites in active retail corridor, development-ready land.
      4700 Saturn Rd, Garland, TX 75041
      View Details
    • $1,250,000
      4,486 SF

      Turnkey Car Dealership Opportunity

      Equipped car dealership with office, storage, and service facilities.
      2623 S Garland Ave, Garland, TX 75041
      View Details
    • Contact for pricing
      105,279 SF

      105,279 SF Business For Sale

      Business for sale with 105,279 SF of space.
      2917 S Garland Ave, Garland, TX 75041
      View Details
    • Contact for pricing

      Versatile Retail and Industrial Property

      6.97-acre property with warehouse, retail potential, ample parking.
      2918 S Jupiter Rd, Garland, TX 75041
      View Details
    • $575,000

      Automotive Dealership with Secured Lot

      Automotive dealership with office and secured parking for 16 vehicles.
      2085 South Garland Ave, Garland, TX 75041
      View Details
    • Contact for pricing
      4,486 SF

      Turnkey Car Dealership Opportunity

      Fully equipped car dealership with office, storage, and service facilities.
      2623 S Garland Ave, Garland, TX 75041
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      6,050 SF

      Retail Space in Garland, Texas

      Fiesta-anchored shopping center with 6,050 SF endcap available for rent.
      3050 S 1St St, Garland, TX 75041
      View Details
    • Contact for pricing
      30,000 SF

      Retail Space in Garland, Texas

      30,000 SF retail space with ample parking.
      822 E Centerville Rd, Garland, TX 75041
      View Details
    • Contact for pricing
      1,940 SF

      Retail Space in Meadow Creek

      Retail space available in a busy Garland shopping center.
      903-919 W Centerville Rd, Garland, TX 75041
      View Details
    • Contact for pricing
      1,600 SF

      Retail Center Space Available

      Retail space available in established Garland shopping center.
      220 W Kingsley Rd, Garland, TX 75041
      View Details
    • Contact for pricing
      2,141 SF

      Retail Space in Garland, Texas

      Retail space available in Meadow Creek Village Shopping Center.
      983-987 W Centerville Rd, Garland, TX 75041
      View Details
    • Contact for pricing
      1,700 SF

      Retail Center at First & Kingsley

      81,127 SF retail center with diverse tenant mix.
      150 W Kingsley Rd, Garland, TX 75041
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    150 W Kingsley Rd
    Garland, TX 75041
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    150 W Kingsley Rd, Garland, TX, 75041
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!