HVAC-Equipped Flex
For Sale
Contact for pricing
10 Regency Drive, Wylie, TX 75098
Light industrial zoning supports a range of commercial applications.
Property Size5,871 SF
Price / SF$229.94
Days on Market52
Property Features for 10 Regency Drive
General Information
Standard status
Active
Size
5,871 SF
Class
A
Total Parking Spaces
8
Property subtype
Office, Industrial, Mixed Use
Zoning
light industrial
Additional Details
Conditioned Warehouse
Yes
Amenities
HVAC
Building Details
Year Built
2019
Listing Agency:
Whisenant Properties
Listed By:
Brook Whisenant · License #Tx 460431
(972) 960-8833
Source:
Crexi
Added: Aug 26
Changed: Oct 11
Last Checked: Oct 14 at 9:27PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Whisenant Properties
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 2019, this 5,871-square-foot flex property combines conditioned interior space with a warehouse area served by the building’s HVAC system. The layout and light industrial zoning accommodate uses identified in the property information, including auto shop, manufacturing, and distribution operations.
Located at 10 Regency Drive in Wylie, Texas, the property includes 8 parking spaces. Its zoning also permits a range of additional uses, providing flexibility for commercial occupancy and operations.
Located at 10 Regency Drive in Wylie, Texas, the property includes 8 parking spaces. Its zoning also permits a range of additional uses, providing flexibility for commercial occupancy and operations.
Key Highlights
- 5,871‑square‑foot flex property built in 2019
- Building HVAC extends throughout the warehouse space
- Light industrial zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$94,467
Cap Rate
7.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,889,340
$1.9M
Cap Rate 7%
$1,349,529
$1.3M
Cap Rate 9%
$1,049,633
$1.0M
Market Conditions
NOI Build-Up for 5,871 SF
Gross rent
$141.6K $24.12/SF
− Vacancy
−$6.7K −$1.13/SF
EGI
$135.0K $22.99/SF
− OpEx
−$40.5K −$6.90/SF
NOI
$94.5K $16.09/SF
Area
Collin County, TX
Vacancy
4.70%
Lease Rate
$24.12 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,889,340
Cap Rate 7%
$1,349,529
Cap Rate 9%
$1,049,633
Alternative Uses
Best Use
Industrial
$5.83M
$5.10M – $6.81M
NOI $408,365 @ 7.0% cap · market cap 30.25%
Second Best
Retail
$1.35M
$1.18M – $1.57M
NOI $94,467 @ 7.0% cap · market cap 7.00%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
565
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 75098, TX
67,212
Population
22,080
Households
3
Avg Household Size
35
Median Age
41%
College-Educated
91%
High-School Grad
32.0 sq mi
ZIP Area
2,100
Density / Sq Mi
$115,587
Median Household Income
$53,163
Median Earnings
$1,979
Median Rent
$362,900
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Light industrial zoning supports a range of commercial applications.
Where is this flex space located?
The property is located at 10 Regency Drive Wylie, TX.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: 5,871‑square‑foot flex property built in 2019; Building HVAC extends throughout the warehouse space; Light industrial zoning
