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    New Retail/Office Building For Sale Title is generated by Realmo AI

    199 N Us-175 #120, Seagoville, TX 75159

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    For Sale
    $409,500

    New construction retail/office building for sale in shell condition.

    Type:Commercial
    Property size:
    1,365 SF
    Price / SF:
    $300/SF
    Added:
    Apr 22, 2026
    Days on Market:
    51
    Last Refresh:
    Apr 22 at 5:31 pm

    Property Features for 199 N Us-175 #120

    General Information

    Standard status
    Active
    Size
    1,365 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    2025

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    Listing Contact
    Srinivas Chaluvadi

    Listing agent Srinivas Chaluvadi

    Listing office Perfect Realty Partners

    Listing date Apr 22, 2026

    Source Signaturere

    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 Perfect Realty Partners

    HighLights

    • New construction in shell condition, allowing for custom build‑out
    • High parking ratio: 8.7 spaces per 1000 SF
    • Located on US HWY 175 in Seagoville, offering high visibility
    • Close proximity to Malloy Bridge Apartments and a 1300‑home lagoon community
    • Suitable for a variety of uses: retail, restaurant, office, church, daycare, medical, etc
    • Attractive stone‑looking brick facade and landscape architecture

    Overview

    This new construction retail, restaurant, and office building is located on US HWY 175 in Seagoville. The property, offered for sale in shell condition, is one of five conveniently subdivided, functional suites. The building features a stone-looking brick facade and landscape architecture. The property includes a large, open space and a very large parking lot with 8.7 parking spots per 1000 SF. It is located across the street from Malloy Bridge Apartments, a large apartment and townhome community, and minutes from a 1300-home lagoon community by Megatel Homes. A variety of shopping and dining options are located within minutes of the property. The property is ideal for restaurants, neighborhood retail, a community church, daycare, physician, dentist, chiropractor, physiotherapist, veterinarian, and professional offices. The large open space is suitable for outdoor seating, and the large parking lot is beneficial for community churches. The property has a size of 1365 square feet.

    Local Financial Insights For Specialty Retail

    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 $34.1k $24.96
    − Vacancy −$1.5k −$1.12
    EGI $32.5k $23.84
    − OpEx −$8.1k −$5.96
    NOI $24.4k $17.88
    1,365 SF · lease $24.96/SF/yr · vacancy 4.50% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $348.6K
    $305.0K – $406.7K (±1% cap)
    NOI $24,403 @ 7.0% cap · market cap 5.96%
    Second Best
    Retail
    $323.7K
    $283.2K – $377.6K (±1% cap)
    NOI $22,657 @ 7.0% cap · market cap 5.53%
    Theoretical Best
    Multifamily LT 5
    $16.36M
    $14.32M – $19.09M (±1% cap)
    NOI $1,145,324 @ 7.0% cap · market cap 279.69%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Seagoville
    County
    Dallas
    State
    Texas
    Longitude
    -96.5375143
    Latitude
    32.6496108

    FAQs

    What type of property is this?
    Retail space - New construction retail/office building for sale in shell condition.
    Where is this retail space located?
    The property is located at 199 N Us-175 #120 Seagoville, TX.
    What is the asking price?
    The asking price for this property is $409,500.
    What are key features of this property?
    This property features: New construction in shell condition, allowing for custom build‑out; High parking ratio: 8.7 spaces per 1000 SF; Located on US HWY 175 in Seagoville, offering high visibility
    More about this property
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