Technical
Financial
Distress signals
Property profile

4417 Frst Ln Garland, TX 75042

OFF-MARKET
Warehouses
Property ID
US82-3381450
43,845 SF 2.36 ac lot Built 1973
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional Garland, Texas retail property, totaling 93,620 square feet, presents a compelling investment opportunity. The property consists of 14 buildings situated on a 2.36-acre lot, featuring 514 non-climate-controlled storage units and 5 commercial spaces. Currently boasting an 89% unit occupancy and a remarkable 107% economic occupancy, the commercial spaces maintain a 100% historical occupancy rate. The average non-climate unit size is 170 square feet. With 6,355 square feet currently vacant, this presents a chance to increase revenue. Built in 1973, the property includes concrete drives, gated keypad access, exterior lighting, perimeter fencing, security cameras, and an on-site office, ensuring security and convenience. Its prime location in Garland, within the Dallas MSA, benefits from a strong demographic profile, with 415,550 people residing within a 5-mile radius and an average household income of $93,579. The property enjoys proximity to major retailers like McDonald's and Whataburger, and is conveniently located 0.2 miles from these establishments, 1.5 miles from Interstate 635, and 13.8 miles from downtown Dallas. The property is available for sale individually or as part of a larger portfolio. Dallas County APN numbers are 26277500010010000 and 26543700010010000.

Property profile

Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1973
Construction TILT-UP CONCRETE
Total area 43,845 SF
Lot 2.36 ac (102,976 SF)
Zoning code Z53
APN 26543700010010000
UPID US82-3381450

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Car Rental Facility
  • Storage Facility

Location

4417 Frst Ln Garland, TX 75042-6824
Garland metro Census 19033 DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$740k
CAP Approach CAP
by Request
Comparable Approach Comparable
$835k
Blend (final) Blend
$740k

Owner & transaction history

since 2023
7 recorded transactions
2023
Price N/A
2022
Price N/A
2010
Price N/A
2008
Price N/A
2007
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Z53 · Garland, TX

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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