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Property profile & analytics
OFF-MARKET Estimated value $535,000
Office buildings

513 Plano Rd Garland, TX 75042-5909

12,892 SF 0.53 ac lot Built 2011
Entity Owned 5-yr Hold Free & Clear
Property ID
US83-3659093
Property summary
AI-generated overview

This exceptional Class A office building, totaling 12,892 square feet, presents a unique full-building opportunity in Garland, Texas. Built in 2011, this two-story structure sits on a 23,174 square foot lot at 513 N Plano Rd, at the northwest corner of Plano Road and Walnut Street, zip code 75042. The property features a single-tenant occupancy, with the entire space currently vacant. The building boasts a modern design, including a spacious open floor plan complemented by private offices. Amenities include a break room with tiled flooring and stainless steel appliances, and a striking lobby with floor-to-ceiling windows extending across both floors. Access to the second floor is provided by both a staircase and a single elevator, capable of carrying 6-8 passengers. Ample parking is available with 39 spaces. The building is powered by Garland's utility grid. Previous use as a bank office makes this space ideal for a variety of professional uses, including medical offices, meeting rooms, urgent care facilities, or training centers. This is a remarkable opportunity to acquire a high-quality, well-located office building in a thriving Texas market.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2011
Construction TILT-UP CONCRETE
Total area 12,892 SF
Lot 0.53 ac (23,174 SF)
Zoning code Z239
APN 26649660010010100
UPID US83-3659093
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
  • SevenWired - Web & SEO Marketing & Advertising (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$480k
CAP Approach CAP
by Request
Comparable Approach Comparable
$597k
Blend (final) Blend
$535k
Owner & transaction history
Farkaleet Investments INC · 5 yrs held
Farkaleet Investments INC
since 2021
2 recorded transactions
2021
Price N/A
2006
Price N/A
Zoning & alternative use
Z239 · Garland, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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