Garden-Style Office Suite

118 Lynn Avenue #202 Lewisville, TX 75057

Claim this Listing
New
For Sale
$335,000

Move-in-ready suite in a garden-style office building with ample parking and convenient access to I-35E and Main Street.

Type:Commercial
Property size:
1,115 SF
Price / SF:
$300/SF
Added:
Jul 7, 2026
Days on Market:
6
Last Refresh:
Jul 8 at 3:55 am

Property Features for 118 Lynn Avenue #202

General Information

Standard status
Active
Size
1,115 SF
Property subtype
Commercial

Building Details

Year Built
2006

Listing office Coldwell Banker Realty

Listing date Jul 7, 2026

Source Cuddrealtyinc

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 Coldwell Banker Realty


Investment Insights

Based on property information with market context.

This garden-style office suite at 118 Lynn Avenue #202 is positioned for immediate occupancy, with a move-in-ready interior and a layout suited to a range of professional uses. The building is designed to provide a comfortable work environment, supported by attractive landscaping and a well-kept setting.

The property is located in the heart of Lewisville, Texas, with convenient access to I-35E and from Main Street. It offers visibility and accessibility for both employees and clients, supported by ample parking on site.

The flexible configuration makes the suite practical for office tenants seeking a professional, garden-style setting, including medical and financial services, as well as creative offices and boutique firms. If your business is expanding, relocating, or launching a new operation, this second-floor office suite offers a straightforward, ready-to-use option within a centrally accessed office building.

Key Highlights

  • Garden‑style office building with a 2006 year built
  • Move‑in‑ready office suite with a flexible layout
  • Convenient access to I‑35E and Main Street

Local Financial Insights For Office B

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 $36.8k $33.00
− Vacancy −$9.3k −$8.32
EGI $27.5k $24.68
− OpEx −$6.9k −$6.17
NOI $20.6k $18.51
1,115 SF · lease $33.00/SF/yr · vacancy 25.20% · expense 25.00%

Alternative Uses

Best Use
Office B
$294.9K
$258.0K – $344.0K (±1% cap)
NOI $20,642 @ 7.0% cap · market cap 6.16%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$371.7K
$325.3K – $433.7K (±1% cap)
NOI $26,021 @ 7.0% cap · market cap 7.77%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Deepti Gandhi CPA ... Accounting Firm Elite Digestive Specialists Medical Clinic Arunpriya Vadivelu Medical Clinic Sergio CPA & Bookkeeping ... Accounting Firm Just Be You. ... Crisis Center

Suggested Use

Storage Facility Real Estate Agency Daycare Center (Bike/Boat/Book/etc) Store Pet Store Electrical Service Pharmacy Bar & Pub Catering Service Pet Store & Service

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

FAQs

What type of property is this?
Office units - Move-in-ready suite in a garden-style office building with ample parking and convenient access to I-35E and Main Street.
Where is this office units located?
The property is located at 118 Lynn Avenue #202 Lewisville, TX.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: Garden‑style office building with a 2006 year built; Move‑in‑ready office suite with a flexible layout; Convenient access to I‑35E and Main Street
Contact an agent
More about this property
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