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    Income Potential Retail-Office Building Title is generated by Realmo AI

    708 Cedar Street, Cedar Hill, TX 75104

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    Claim this Listing
    For Sale
    $580,000

    SINGLE_FAMILY - Cedar Hill, TX

    Type:Retail
    Property size:
    2,432 SF
    Lot size:
    0.11 Acres
    Price / SF:
    $238/SF
    Added:
    May 5, 2026
    Days on Market:
    36
    Last Refresh:
    Jun 9 at 1:06 pm

    Property Features for 708 Cedar Street

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Parking features
    On Street
    Standard status
    Active
    APN
    160215000003R0000
    Lot size
    0.11 Acres

    Taxes and HOA fees

    Tax Description
    PT LOT 3R ACS 0.0513, KC Division LOT3R.1 ACS 0.06
    Tax Annual Amount
    4374

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1967
    Floors in Building
    1
    Number of units
    4
    Flooring type
    Laminate
    Building materials
    Brick

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    Listing Contact
    Chris Cauda

    Listing agent Chris Cauda License #0732537

    Listing office Tero Real Estate Waxahachie, TX

    Listing date May 5, 2026

    MLS# 21170855

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Retail‑office building at 708‑712 Cedar St in the historic downtown square of Cedar Hill
    • Approximately 2,432 SF brick building with laminate flooring and central heating/central air
    • Served by public water and public sewer
    • On‑street parking
    • Year built: 1967
    • Currently has active leases and includes room for increased income potential

    Overview

    708-712 Cedar St is a retail-office building offering a flexible mix for investors and owner-occupants. The property is approximately 2,432 square feet and currently has active leases in place. It also presents the possibility of adapting the space so an owner could occupy part of the building while maintaining income.

    Set in the historic downtown square area of Cedar Hill, the building benefits from a downtown retail presence. It is described as a rare opportunity to own a downtown Cedar Hill retail strip, giving buyers a chance to position themselves in a more established retail location.

    For a tenant, investor, or buyer seeking steady income with upside, the current leasing provides an immediate foundation. For an owner-occupant, the layout and existing configuration offer a straightforward path to take advantage of an established downtown setting while potentially increasing overall revenue. The combination of active leases, downtown retail placement, and owner-occupant potential makes this property worth serious consideration.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $60.7k $24.96
    − Vacancy −$3.0k −$1.25
    EGI $57.7k $23.71
    − OpEx −$17.3k −$7.11
    NOI $40.4k $16.60
    2,432 SF · lease $24.96/SF/yr · vacancy 5.00% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $576.7K
    $504.6K – $672.8K (±1% cap)
    NOI $40,367 @ 7.0% cap · market cap 6.96%
    Second Best
    Office B
    $492.5K
    $430.9K – $574.6K (±1% cap)
    NOI $34,474 @ 7.0% cap · market cap 5.94%
    Theoretical Best
    Multifamily LT 5
    $29.15M
    $25.51M – $34.01M (±1% cap)
    NOI $2,040,607 @ 7.0% cap · market cap 351.83%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cedar Hill
    County
    Dallas
    State
    Texas
    Longitude
    -96.9574755
    Latitude
    32.5885182

    FAQs

    What type of property is this?
    Retail space - Retail-office building near downtown square offers active leases and room for owner occupancy, with potential to grow income.
    Where is this retail space located?
    The property is located at 708 Cedar Street Cedar Hill, TX.
    What is the asking price?
    The asking price for this property is $580,000.
    What are key features of this property?
    This property features: Retail‑office building at 708‑712 Cedar St in the historic downtown square of Cedar Hill; Approximately 2,432 SF brick building with laminate flooring and central heating/central air; Served by public water and public sewer
    More about this property
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