2002 HIGHWAY 66, GARLAND, TX 75040
Homes for sale in Garland.
Homes for sale in 75040.
2002 Highway 66
Garland, TX 75040
List Price$2,400,000
Listing #21245296
3,401
Square Feet
1
Number of Units
Commercial
Type
About This Property
Exceptional opportunity to acquire a multi-use commercial property positioned on over 1.5 acres at the intersection of State Highway 66 and Centerville Road. This high-visibility corner benefits from significant daily traffic counts, with approximately 38,000 vehicles per day on Highway 66 and 27,000 vehicles per day on Centerville Road, offering outstanding exposure and accessibility. The property features a gas station with 6 pump islands featuring 12 gas and 2 diesel nozzles, convenience store, restaurant space, and carwash, presenting multiple established and potential income streams. While the current ownership has not fully optimized operations, the site offers substantial upside for an experienced operator or investor seeking value-add potential. Strategically located with close proximity to the President George Bush Turnpike, the property is well-positioned to capture both local and commuter traffic. The expansive site provides ample parking and flexible layout options to enhance tenant mix and operational efficiency. Investment Highlights- Signalized hard corner with high traffic counts; Over 1.5 acres with excellent street frontage and visibility; Multiple revenue streams- fuel sales, convenience retail, restaurant, and carwash; Value-add opportunity with underutilized operations; Potential for additional income through carwash lease, restaurant lease, gaming machines, and ATMs; Strong historical revenue with room for growth; Seller financing available. Listed below appraised value, this is a rare opportunity to reposition and maximize a well-located asset in a high-growth corridor.
Property Features
Location Information
County
Dallas
Subdivision
Exxon Centerville
Interior Features
Has Fireplace
No
Floors
Ceramic Tile
Heating
Electric
Tenant Pays
All Utilities
Cooling
Central Air
Total Number of Units
1
Exterior Features
Construction
Brick
Lot Size in Sq. Ft.
65,470
Foundation
Slab
Possible Best Use
Other, Restaurant, Retail
Roof
Flat
Zoning
Z05
Utilities
Septic Available, Water Available
Building Total Area (Sq. Ft.)
3,401
Parking Description
Additional Parking, On Site, Parking Lot
Road Description
City Street, Highway
Lot Size in Acres
1.503
Is One Story
No
Additional Information
Year Built Details
Preowned
Status
Active Under Contract
Property Type
COM
Tax Annual Amount
31106.0
Property SubType
Business
Exclusions
All inventory
Year Built
1997
Lot Acres Source
Public Records
Similar Listings
Mortgage Calculator
$11,208
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$8,648
Monthly Tax
$2,000
Monthly Insurance
$560
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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