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Ford St. - 2 Commercial Lots 500 Ford St 2,800 SF Retail Building Garland, TX 75040 $500,000 ($178.57/SF) 7% Cap Rate
INVESTMENT HIGHLIGHTS
- Very High Visibility
- Brand New Fire Station Development across the street
- High Traffic Counts
EXECUTIVE SUMMARY
Prime Location on Ave D with great visibility and traffic counts. This sale includes both lots 500 and 504 Ford St that can be combined or developed separately. 2800 sf building and large concrete parking lot, some fenced.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Lease Option
Property Type
Retail
Property Subtype
Building Size
2,800 SF
Building Class
C
Year Built
1950
Price
$500,000
Price Per SF
$178.57
Cap Rate
7%
NOI
$35,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.58
Lot Size
0.11 AC
Zoning
Commercial - Community commercial district
Frontage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 26103500210010000 | Improvements Assessment | $138,690 |
| Land Assessment | $55,200 | Total Assessment | $193,890 |
PROPERTY TAXES
Parcel Number
26103500210010000
Land Assessment
$55,200
Improvements Assessment
$138,690
Total Assessment
$193,890
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Ford St. - 2 Commercial Lots | 500 Ford St
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