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Property profile & analytics
OFF-MARKET Estimated value $895,000
Office buildings

2301 Frst Ln Garland, TX 75042-7954

33,692 SF 1.82 ac lot Built 1965
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US83-3073644
Property summary
AI-generated overview

This exceptional redevelopment opportunity presents a 37,400 square foot, four-story office building situated on a generous 1.85-acre lot in Garland, Texas. Located at 2301 Forest Ln, 75042, within Dallas County, this property offers significant potential for investors seeking a transformative project. The existing structure, built in 1964, is classified as a traditional office building and is currently zoned for industrial use, opening up a wide range of development possibilities. The asking price is $1,500,000. The substantial lot size provides ample space for expansion or the construction of entirely new facilities, aligning perfectly with the property's redevelopment investment type. This prime location in Garland offers easy access to major transportation routes and a thriving local economy. The property's existing infrastructure provides a solid foundation for a variety of development scenarios, making it an attractive investment for both experienced developers and those seeking a high-impact project. Detailed site plans and zoning information are available upon request. Don't miss this chance to acquire a significant piece of Garland real estate with immense upside potential.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1965
Construction TILT-UP CONCRETE
Total area 33,692 SF
Lot 1.82 ac (79,149 SF)
Zoning code Z144
APN 65073811010260000
UPID US83-3073644
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
  • William R. Hester, PHD Physician Medical Clinic
  • Joanne M. Greendale, RDH Dental Office
  • Heart Center of Dallas: Meacham Joseph A MD Physician
  • The Voices of Praise Worship Center- Founder Pastor John Price Family Recreation Center Community Center
  • Heart Center of Dallas Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$755k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.03M
Blend (final) Blend
$895k
Owner & transaction history
Php 2301 Forest LLC · 6 yrs held
Php 2301 Forest LLC
since 2019
7 recorded transactions
2019
Price N/A
2016
Price N/A
2008
Price N/A
2008
$1.5M
2008
Price N/A
2000
Price N/A
1969
Price N/A
Zoning & alternative use
Z144 · Garland, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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