3229 Frst Ln Garland, TX 75042
Property profile & analytics
3229 Frst Ln Garland, TX 75042
- Strip malls
- 9,600 SF
- 0.82 lot acres
Property ID
US82-0287488
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.
Location Intelligence
Current Use by Public Records
- Strip malls
Property Details for 3229 Frst Ln
- Year built
- 1972
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.82 lot acres
- Property size
- 9,600 SF
- Zone code
- Z53
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 26629500010010700
- APU
- 26629500010010700
Description
This exceptional Garland, Texas retail property at 3229 Forest Ln offers a compelling investment opportunity. The 9,660 square foot building sits on a 0.817-acre lot and is currently 100% occupied by a mix of convenience store, quick-service restaurant, and restaurant tenants under NNN leases, generating a strong net operating income (NOI) of $182,760 and a 7.00% cap rate. The asking price is $2,578,000, translating to $266.87 per square foot. Built in 1972, the property benefits from a highly visible location with a daily traffic count of 31,315 vehicles, directly across from the Forest/Jupiter DART Station, ensuring excellent accessibility and high foot traffic. Its proximity to major highways like I-635 and US 75 further enhances its strategic location. The surrounding area boasts a strong average household income within a 3-mile radius, supporting consistent tenant demand. This property presents a rare opportunity to acquire a stable, high-performing retail investment in a thriving Garland, TX (zip code 75042) location, just 2.6 miles from the revitalized downtown area. The property's size and location offer potential for future growth and development, making it an attractive investment for long-term appreciation.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Garland
- County
- Dallas
- State
- Texas
- Longitude
- -96.6796
- Latitude
- 32.9096
- 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
$18,508
$142,360
$666,470
$808,830
-
$142,360
$666,470
$808,830
