Freestanding Commercial Building with
11663 W Hwy 175 Crandall, TX 75114
11663 W Hwy 175, Crandall, TX, 75114
$2,200,000
Pending
For Sale
$2,200,000
Pending
SINGLE_FAMILY - Crandall, TX
Property Size10,320 SF
Lot Size3.00 Acres
Days on Market658
Property Features for 11663 W Hwy 175
General Information
- Property type
- Residential
- Property subtype
- Office
- Parking features
- Open
- Standard status
- Pending
- APN
- 15993
- Size
- 10,320 SF
- Lot size
- 3.00 Acres
Taxes and HOA fees
- Tax Description
- D WILKERSON PP# ID000-0080-84
- Tax Annual Amount
- 12686
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Electric, Central Air
- Water source
- Public
Building Details
- Year built
- 1995
- Floors in Building
- 1
- Number of units
- 1
- Flooring type
- Carpet, Tile, Wood
- Roof type
- Metal
Listing Agency
United Country - Strategic Cli
(214) 906-5265
Dallas, TX
Listed by
Mike Jones
(214) 906-5265
Added: Sep 30, 2024 Checked: Jul 19 at 8:06 am
MLS# 14595930
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.
Investment Insights
Based on property information with market context.
This for-sale property features a prime freestanding commercial building previously used as a day care center, with 10,320 square feet of building area and approximately 12,000 square feet under roof. The site includes 3 acres, providing room for operations that need both interior space and outdoor scope. The listing notes the building can be adapted for many other uses beyond day care.
Located at 11663 W Hwy 175 in Crandall, Texas, the property’s positioning along US Highway 175 is highlighted in the marketing materials. The offering is being presented as an auction, with terms subject to pre-emptive approved offers; interested parties are directed to contact the seller/auction team for details. A pre-emptive offer can be submitted as a “highest and best” by August 3, 2021, per the public remarks.
Given the building’s prior institutional and retail-flexibility framing, the asset may appeal to operators seeking a configurable location for healthcare, professional services, or specialty retail formats such as appliance or home furnishings, art gallery, or similar concepts. Buyers evaluating turnaround or repurposing opportunities may find the existing improvements and size suitable for a range of commercial business uses, subject to applicable approvals and intended operations.
Located at 11663 W Hwy 175 in Crandall, Texas, the property’s positioning along US Highway 175 is highlighted in the marketing materials. The offering is being presented as an auction, with terms subject to pre-emptive approved offers; interested parties are directed to contact the seller/auction team for details. A pre-emptive offer can be submitted as a “highest and best” by August 3, 2021, per the public remarks.
Given the building’s prior institutional and retail-flexibility framing, the asset may appeal to operators seeking a configurable location for healthcare, professional services, or specialty retail formats such as appliance or home furnishings, art gallery, or similar concepts. Buyers evaluating turnaround or repurposing opportunities may find the existing improvements and size suitable for a range of commercial business uses, subject to applicable approvals and intended operations.
Key Highlights
- 3‑acre property along US Hwy 175 in Crandall, TX
- 10,320 SF building with 12,000 SF under roof
- Former Crandall Day Care building with flexible use for retail, office, medical/professional, and more
Local Financial Insights For Healthcare Medical
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 | $185.8k | $18.00 |
| − Vacancy | −$14.9k | −$1.44 |
| EGI | $170.9k | $16.56 |
| − OpEx | −$68.4k | −$6.62 |
| NOI | $102.5k | $9.94 |
10,320 SF · lease $18.00/SF/yr · vacancy 8.00% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$1.46M
$1.28M – $1.71M
NOI $102,540 @ 7.0% cap · market cap 4.66%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$129.88M
$113.65M – $151.53M
NOI $9,091,729 @ 7.0% cap · market cap 413.26%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Day care centers
FAQs
What type of property is this?
Day care center - A highway-front commercial building previously used as a day care, offering flexible space on 3 acres for multiple business types.
Where is this day care center located?
The property is located at 11663 W Hwy 175 Crandall, TX.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: 3‑acre property along US Hwy 175 in Crandall, TX; 10,320 SF building with 12,000 SF under roof; Former Crandall Day Care building with flexible use for retail, office, medical/professional, and more
