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    915-921 Mill St Lewisville, TX 75057

    Sponsored
    For Sale
    $1,450,000

    High-yield multi-tenant office property.

    Property size:
    7,186 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    340
    This exceptional investment opportunity presents a 7,186 square foot multi-tenant office building situated on a 0.42-acre lot at 915-921 N Mill Street in Lewisville, Texas. The property is ideally located within minutes of Old Town Lewisville, offering convenient access to local amenities and a thriving community. The building currently houses four individual office units, strategically arranged from the building's center to its northern end. This well-established property provides a consistent stream of rental income, making it an attractive proposition for investors seeking a stable and profitable asset. The building's multi-tenant structure offers diversification and resilience in the rental market. The property shares a common wall with the adjacent building at 913 N Mill St. Priced at $1,450,000, this 7,186 square foot office building represents a compelling investment opportunity in a desirable location with proven rental income potential. The 0.42-acre lot provides ample space and potential for future expansion or development. This is a turnkey investment ready to generate immediate returns. Serious inquiries are encouraged to explore this lucrative opportunity further.

    Property Features for 915-921 Mill St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    7,186 SF
    Lot Size
    18,295 SF

    Building Details

    Year Built
    1986
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Properties & Spaces

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Lewisville
    County
    Denton
    State
    Texas
    Longitude
    -97.0012
    Latitude
    33.05743

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    FAQs

    What type of property is this?
    Office Property / Space - High-yield multi-tenant office property.
    Where is this office property / space located?
    The property is located at 915-921 Mill St Lewisville, TX.
    What is the asking price?
    The asking price for this property is $1,450,000.
    Request Owner's contact information
    915-921 Mill St Lewisville, TX 75057
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    Lewisville, TX 75057
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    915-921 Mill St Lewisville, TX 75057
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