250 Lavon Dr 2,280 SF Vacant Industrial Building Garland, TX 75040 $550,000 ($241.23/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
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 Utilities
- Dec 2024
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| construction Z | Construction | 2,000 SF | $18.00 | Plus Utilities | Dec 2024 |
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PROPERTY TAXES
| Parcel Number | 26214500030130000 | Improvements Assessment | $233,950 |
| Land Assessment | $17,220 | 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) |
