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Ford St. - 2 Commercial Lots 500 Ford St 2,800 SF Retail Building Garland, TX 75040 $697,600 CAD ($249.14 CAD/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
$697,600 CAD
Price Per SF
$249.14 CAD
Cap Rate
7%
NOI
$48,832 CAD
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 | $194,902 CAD |
| Land Assessment | $77,573 CAD | Total Assessment | $272,476 CAD |
PROPERTY TAXES
Parcel Number
26103500210010000
Land Assessment
$77,573 CAD
Improvements Assessment
$194,902 CAD
Total Assessment
$272,476 CAD
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Ford St. - 2 Commercial Lots | 500 Ford St
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