Technical
Financial
Distress signals
Property profile

6330 Broadway Blvd Ste A2 Garland, TX 75043

OFF-MARKET
Office buildings
Property ID
US82-1872124
896 SF 0.65 ac lot Built 1982
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional investment opportunity presents two medical office condos totaling 3,252 square feet, situated on a 0.65-acre lot at 6330 Broadway Blvd, Garland, TX 75043. The property boasts a 7.47% cap rate and a strong net operating income (NOI) of $57,929, reflecting a stabilized cash flow investment. Currently 100% occupied by two tenants, one a medical spa and the other ELITE Health and Wellness, both recently extended their leases (one for 3 years, the other for 5 years), ensuring long-term income stability. The modified lease structure includes tenant responsibility for utilities (Suite B only) and common area fees (Suite B only). The condominium association manages common area costs and property insurance, minimizing landlord responsibilities. Built in 1982, this single-story building benefits from excellent visibility and ample parking, situated on Broadway Blvd (27,000 vehicles per day) with convenient access to I-30 (148,000 vehicles per day). The property is zoned CR and offers significant potential for continued growth within the expanding Eastern Dallas suburbs. The asking price is $775,000, translating to $238.31 per square foot. This is a rare opportunity to acquire a low-maintenance, high-return medical investment property in a prime Garland location.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1982
Construction FRAME
Total area 896 SF
Lot 0.65 ac (28,488 SF)
Zoning code Z85
APN 2603800000000A200
UPID US82-1872124

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
  • Insurance Agency
  • Physician
  • Insurance Agency
  • Physician
  • Medical Clinic

Location

6330 Broadway Blvd Ste A2 Garland, TX 75043-5956
Garland metro Census 18132 DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$215k

Owner & transaction history

since 2025
2 recorded transactions
2025
Price N/A
2010
Price N/A

Zoning & alternative use

Z85 · 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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