Construction Flex Warehouse
11120 State Hwy 205 Lavon, TX 75166
For Sale
$2,170,000
Flex units with office area and half bath are under construction, with HVAC in office/restroom and optional extension.
Property Size1,560 SF
Price / SF$1,391
Days on Market71
Property Features for 11120 State Hwy 205
General Information
- Standard status
- Active
- Size
- 1,560 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2026
Listing Agency:
JBRE Group
(704) 458-2085
Listed By:
Marie Gajkowski · License #0829043
(704) 458-2085
Source:
Signaturere
Added: May 14
Changed: Jul 22
Last Checked: Jul 23 at 6:31AM
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 JBRE Group
Investment Insights
Based on property information with market context.
Building C is currently under construction and will deliver as a flex warehouse configuration with 7 units anticipated to be available this summer. Each unit includes office space and a half bath, with the option to add additional office space based on tenant requirements. HVAC is included in the office and restroom area, with an option to extend HVAC throughout the warehouse space.
The property is conveniently located with frontage on State Highway 205, providing visibility and exposure; projected traffic counts are estimated to exceed 40,000 vehicles per day.
POA dues include water, trash, septic services, and maintenance of all common areas, while electricity will be managed by the owner. The flex product is positioned for a range of uses including office, warehouse, contractor, showroom, or flex-space operations, subject to applicable requirements.
The property is conveniently located with frontage on State Highway 205, providing visibility and exposure; projected traffic counts are estimated to exceed 40,000 vehicles per day.
POA dues include water, trash, septic services, and maintenance of all common areas, while electricity will be managed by the owner. The flex product is positioned for a range of uses including office, warehouse, contractor, showroom, or flex-space operations, subject to applicable requirements.
Key Highlights
- Building C under construction with 7 flex units, anticipated availability this summer
- Each flex unit includes office space and a half bath, with option to add additional office space
- HVAC included in office/restroom area, with option to extend HVAC throughout the warehouse space
Financial Insights For Industrial
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 | $171.7k | $110.04 |
| − Vacancy | −$16.7k | −$10.67 |
| EGI | $155.0k | $99.37 |
| − OpEx | −$46.5k | −$29.81 |
| NOI | $108.5k | $69.56 |
1,560 SF · lease $110.04/SF/yr · vacancy 9.70% · expense 30.00%
Alternative Uses
Best Use
Industrial
$1.55M
$1.36M – $1.81M
NOI $108,508 @ 7.0% cap · market cap 5.00%
Second Best
Office B
$282.6K
$247.3K – $329.7K
NOI $19,784 @ 7.0% cap · market cap 0.91%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
FAQs
What type of property is this?
Flex space - Flex units with office area and half bath are under construction, with HVAC in office/restroom and optional extension.
Where is this flex space located?
The property is located at 11120 State Hwy 205 Lavon, TX.
What is the asking price?
The asking price for this property is $2,170,000.
What are key features of this property?
This property features: Building C under construction with 7 flex units, anticipated availability this summer; Each flex unit includes office space and a half bath, with option to add additional office space; HVAC included in office/restroom area, with option to extend HVAC throughout the warehouse space
