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Property profile & analytics
OFF-MARKET
Medical Office Space
1605 Garland Ave Garland, TX 75040-9417
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US83-0375635
Property summary
AI-generated overview
This 7,283 square foot medical office building, located at 1605 N Garland Ave in Garland, Texas (75040), presents a unique investment opportunity. Situated on a 0.834-acre lot, this multi-tenant property boasts high visibility and significant daily traffic (approximately 28,000 vehicles) due to its convenient proximity to I-30. The building, constructed in 1983, has undergone recent updates in 2019 and 2022, including two new air conditioning units, a perimeter chain-link fence, and a prominent monument sign. Interior renovations in 2019 created bright, naturally lit spaces. Currently, 4,840 square feet is available for lease, with two spaces totaling 2,420 square feet immediately available. The building features 8-10 foot ceilings and is zoned PD. The property includes updated utilities and benefits from its previous use as a dental office, retaining existing plumbing infrastructure. Dallas County APN is 26245500080450100. This property is ideal for medical professionals or businesses seeking a high-traffic location with modern amenities.
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1983
Construction
FRAME
Total area
7,283 SF
Lot
0.83 ac (36,329 SF)
Zoning code
Z239
APN
26245500080450100
UPID
US83-0375635
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
-
Smiline Dental Texas Dental Office
-
Smith Jr Robert H DDS Dental Office
-
Dr. Seyed M. Shariati - NCD Dental Office
-
Dr. Seyed Masood Shariati, DDS Dental Office
-
ACUTE HOME HEALTH CARE Home Health Care Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Dynamix Holdings LLC · 6 yrs held
Dynamix Holdings LLC
since 2020
2 recorded transactions
Zoning & alternative use
Z239 · Garland, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$21,623
Tax year 2023
Assessed value
$945,000
Assessed 2023
Previous assessed
$945,000
+0.0% YoY
Effective rate
2.29%
On assessed value
Assessed land
$127,150
Assessed improvement
$817,850
Land market value
$127,150
Improvement market value
$817,850
Total market value
$945,000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1983
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
7,283 SF
Lot
0.83 ac (36,329 SF)
Zoning code
Z239
APN
26245500080450100
UPID
US83-0375635
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z239 · Garland, TX
Zoning Z239 · permitted uses
Z239 · 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.
Building & site characteristics
From public records
Year built
1983
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.83 ac
Current owner
From public records · entity-resolved
Dynamix Holdings LLC
Entity
Mailing address
15151 BERRY TRL APT #503, DALLAS, TX 75248-6319
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 9, 2020
—
Dynamix Holdings LLC
Goodwell Investments LP
Venders Lien
$823,650 · First United Bank & Trust Co
Jul 25, 2005
—
Goodwell Investment
Bosher Berry & Smith
Grant Deed
$700,000 · J P Morgan Chase Bank
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.
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