Flex Space with Multiple
For Sale
Contact for pricing
101 S Railroad Street, Lewisville, TX 75057
Flexible commercial property with multiple units available for lease.
Property Size9,480 SF
Price / SF$0.15
Days on Market48
Property Features for 101 S Railroad Street
General Information
Standard status
Active
Size
9,480 SF
Property subtype
Industrial
Building Details
Year Built
1998
Listing Agency:
Stewart-Rose Properties
(940) 365-3470
Listed By:
Larry Rose · License #0460624
(972) 921-7579
Source:
Lonestarluxuryrealty
Added: Aug 30
Changed: Oct 6
Last Checked: Oct 16 at 8:23AM
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 Stewart-Rose Properties
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Investment Insights
Based on property information with market context.
This 9,480-square-foot flex property was built in 1998 and includes multiple units available for lease. The asset is located at 101 S Railroad Street in Lewisville, Texas, providing a multi-unit commercial configuration for prospective occupants or ownership consideration.
The property is situated near SH121 Business and I35, connecting it with established regional roadways. Lease availability and additional property information are available through the listing contact.
The property is situated near SH121 Business and I35, connecting it with established regional roadways. Lease availability and additional property information are available through the listing contact.
Key Highlights
- 9,480‑square‑foot flex property
- Built in 1998
- Multiple units available for lease
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$83,649
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,672,980
$1.7M
Cap Rate 7%
$1,194,986
$1.2M
Cap Rate 9%
$929,433
$929.4K
Market Conditions
NOI Build-Up for 9,480 SF
Gross rent
$142.2K $15.00/SF
− Vacancy
−$13.5K −$1.43/SF
EGI
$128.7K $13.58/SF
− OpEx
−$45.0K −$4.75/SF
NOI
$83.6K $8.82/SF
Area
Lewisville, TX
Vacancy
9.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,672,980
Cap Rate 7%
$1,194,986
Cap Rate 9%
$929,433
Alternative Uses
Best Use
Warehouse
$1.56M
$1.37M – $1.82M
NOI $109,387 @ 7.0% cap · market cap 7,880.91%
Second Best
Industrial
$1.29M
$1.13M – $1.50M
NOI $90,084 @ 7.0% cap · market cap 6,490.20%
Theoretical Best
Office A
$3.16M
$2.77M – $3.69M
NOI $221,240 @ 7.0% cap · market cap 15,939.48%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,020
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 75057, TX
16,001
Population
7,171
Households
2.2
Avg Household Size
31
Median Age
29%
College-Educated
83%
High-School Grad
13.3 sq mi
ZIP Area
1,203
Density / Sq Mi
$76,128
Median Household Income
$43,253
Median Earnings
$1,589
Median Rent
$208,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Flexible commercial property with multiple units available for lease.
Where is this flex space located?
The property is located at 101 S Railroad Street Lewisville, TX.
What are key features of this property?
This property features: 9,480‑square‑foot flex property; Built in 1998; Multiple units available for lease
