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250 Lavon Dr

2,280 SF 87% Leased Industrial Building Garland, TX 75040 $550,000 ($241/SF) 2.73% Cap Rate

Investment Highlights

  • Prime Location , Property located Frontage Road Property & Heavy traffic. Easy access from 635 FWY & Geogebush Hwy. Nice Office with central AC , 1.5
  • Property feature : New Roof 08 2024, 2 AC unít and Nice office with 1bathroom 1 bath.
  • Nice For A Show Room and Work Shop.Good Fit For Owner occupied or easy Place a tenant
  • Gated with additional in the rear back proroperty. Fit to suilt show room , warehouse and Office,
  • This is it. Potential Automotive, repair shop or any industrial related usage & zoning, please check with city of Garland. Good Fit For Owner occupi
  • Property features building size 2,280Sf & Lot 5,740 SF with gate fence

Executive Summary

Prime Location in busy business & commercial District close to downtown Garland. Property features building size 2,280Sf & Lot 5,740 SF with gate Fence. This building included a Warehouse & A nice size office with Central AC and Heating to feel comfortable to suite. 2 AC units. New Roof 08 2024. Title Flooring in the office Area. 1 Full Bath can showering and HALF bath for Guests. If you are looking for the space for an Office and the warehouse for your shop , with parking area front and additional parking in the back with gate. This is it. Potential Automotive, repair shop or any industrial related usage & zoning, please check with city of Garland. Good Fit For Owner occupied or easy to place the tenants. Nice For A Show Room and Work Shop. Please Offer with pre-qualification letter from commercial lender and proof of fund . Currently There is a tenant lease for $3,000 per month , will end September 30 2024 after will month to month. Tenant is very cooperated.

Data Room Click Here to Access

Property Facts

Price $550,000
Price Per SF $241
Sale Type Investment or Owner User
Cap Rate 2.73%
Sale Conditions Lease Option
Property Type Industrial
Property Subtype
Showroom
  • Industrial Warehouse
Building Class C
Lot Size 0.13 AC
Rentable Building Area 2,280 SF
No. Stories 1
Year Built 1956

Utilities

  • Lighting
  • Water
  • Sewer
  • Heating

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • construction Z
  • Construction
  • 2,000 SF
  • $18.00
  • Plus All Utilities
  • Dec 2024
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
construction Z Construction 2,000 SF $18.00 Plus All Utilities Dec 2024

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
26214500030130000
Land Assessment
$17,220
Improvements Assessment
$233,950
Total Assessment
$251,170

zoning

Zoning Code Office (Office and warehouse. Please check with city for any using zoning. This building included a Warehouse & Office with central AC units)
Office (Office and warehouse. Please check with city for any using zoning. This building included a Warehouse & Office with central AC units)
  • Listing ID: 33187915

  • Date on Market: 9/15/2024

  • Last Updated:

  • Address: 250 Lavon Dr, Garland, TX 75040

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