Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1600 Garland Ave Garland, TX 75040-7637
    Back to Search
    Property profile & analytics

    1600 Garland Ave, Garland, TX 75040-7637

    View on Map
    • Specialty properties
    • 19,090 SF
    • 2.78 lot acres
    Off-Market
    Property ID
    US82-0123246
    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
    $990,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Williams Funeral Directors / Social Service Agency
    • Garland Memorial Park / Cemetery
    • twin lakes monument / Cemetery

    Property Details for 1600 Garland Ave

    Year built
    2002
    Construction
    TILT-UP CONCRETE
    Lot size
    2.78 lot acres
    Zone code
    Z02
    Property type
    Specialty properties
    APN
    26682530010010000
    APU
    26682530010010000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Feb 22, 2012 — Anubis Holdings Ltd Hitchcock,dorthy P Grant Deed · related —
    Sep 22, 2010 — Anubis Holdings Ltd Williams,davis C II Grant Deed —
    Sep 7, 2010 — Dorothy P Hitchcock Williams Ora L Trust Grant Deed · related —
    Mar 28, 2003 — Williams,tr Building Exchange Co Grant Deed · related $2.1M · Western Fsb
    May 18, 2001 — Building Exchange Co Garland Mills Cemetery Foundat Grant Deed $1.4M · First Christian Church Garland
    — — Williams D Cecil & Ora L Trust — Deed Of Trust · related $1.6M · Inwood National Bank

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $690,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,288,000
      Market price range: $751k - $1.32M

    • Alternative Use

      Use
      Estimation
      CEMETERY, FUNERAL HOME, MORTUARY (COMMERCIAL)
      $1,055,000
      Current use
      WAREHOUSE, STORAGE
      $1,295,000
      Change: +23% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Garland
    County
    Dallas
    State
    Texas
    Longitude
    -96.6481
    Latitude
    32.8987
    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
    $59,493
    $969,750
    $1,630,250
    $2,600,000
    -
    $969,750
    $1,630,250
    $2,600,000

    Comparable in this City

    • Value Estimation by Request
      2,088 SF

      725 Belt Line Rd

      VETERINARY, ANIMAL HOSPITAL
      725 Belt Line Rd, Garland, TX 75040-3641
      View Details
    • Value Estimation
      $665,000
      10,399 SF

      125 State St

      CHARITABLE ORGANIZATION
      125 State St, Garland, TX 75040-6527
      View Details
    • Value Estimation by Request
      4,400 SF

      600 5th St, Unit 1419

      CHARITABLE ORGANIZATION
      600 5th St, Garland, TX 75040-5008
      View Details
    • Value Estimation by Request
      6,588 SF

      333 Ave D D

      FUNERAL HOME
      333 Ave D D, Garland, TX 75040-7117
      View Details
    • Value Estimation by Request
      100 SF

      713 Austin St

      CHARITABLE ORGANIZATION
      713 Austin St, Garland, TX 75040-6306
      View Details
    • Value Estimation by Request
      4,900 SF

      650 Ave D D

      FUNERAL HOME
      650 Ave D D, Garland, TX 75040-7181
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      12,540 SF

      Garland Specialty Property for Sale

      12,540 SF specialty property available in Garland, Texas.
      616 N 5Th St, Garland, TX 75040
      View Details
    • Contact for pricing
      13,813 SF

      Garland Retail NNN Opportunity

      Retail property with NNN lease, options, and high visibility.
      5702 Lavon Dr, Garland, TX 75040
      View Details
    • Contact for pricing
      39,159 SF

      The Draper: Boutique Redevelopment Opportunity

      Five-story building with redevelopment potential in evolving Garland market.
      111 S Garland Ave, Garland, TX 75040
      View Details
    • $1,105,650

      Medical/Physical Therapy Office For Sale

      Second generation medical office space available for purchase.
      3930 Naaman School Rd, Garland, TX 75040
      View Details
    • Contact for pricing
      15,414 SF

      Commercial Land Available

      Commercial land available for sale.
      1101 Main St, Garland, TX 75040
      View Details
    • Contact for pricing
      25,000 SF

      Industrial Property with Automotive Features

      25,000 SF industrial property featuring automotive equipment.
      421 E Walnut St, Garland, TX 75040
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Firewheel Town Center

      Discover many ways to work your way in Firewheel Town Center
      675 Town Square Blvd, Garland, TX 75040
      View Details
    • Contact for pricing
      107,085 SF

      Garland Office Suites Available

      Multiple office suites available for lease in Garland, Texas.
      4720 Lavon Dr, Garland, TX 75040
      View Details
    • Contact for pricing
      4,980 SF

      Retail Space in Firewheel Town

      Retail space available in Firewheel Town Center retail corridor.
      3160-3178 Lavon Dr, Garland, TX 75040
      View Details
    • Contact for pricing

      Retail Space For Rent

      Retail space available in well-maintained building with high visibility.
      1918 S 1St St, Garland, TX 75040
      View Details
    • Contact for pricing

      Commercial Land Near Lake Hubbard

      1.9 acres with utilities, multiple retail uses permitted.
      1400 Forest Ln, Plano, TX 75040
      View Details
    • Contact for pricing
      75,811 SF

      Retail Space in Garland, Texas

      Retail spaces available in Garland, Texas.
      5435 N Garland Ave, Garland, TX 75040
      View Details
    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.
    1600 Garland Ave
    Garland, TX 75040-7637
    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
    1600 Garland Ave, Garland, TX, 75040
    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!