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    New Commercial Building on Highway Title is generated by Realmo AI

    501 Pine Ridge Drive #300, Aubrey, TX 76227

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    For Sale
    $480,000

    New 1500 SF commercial suite for sale in Aubrey, TX.

    Type:Commercial
    Property size:
    1,500 SF
    Price / SF:
    $320/SF
    Added:
    Apr 22, 2026
    Days on Market:
    52
    Last Refresh:
    Apr 22 at 5:31 pm

    Property Features for 501 Pine Ridge Drive #300

    General Information

    Standard status
    Active
    Size
    1,500 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    2024

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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

    • Brand new building in shell condition, allowing for customized build‑out.
    • Located on high‑traffic Highway 377 in rapidly growing Aubrey, TX.
    • High visibility location near Aubrey High School and across from Brockett Elementary.
    • Suitable for a wide range of business types (retail, medical, office).
    • Ample parking with 4.5 spaces per 1000 SF.
    • Attractive facade with stone‑like brick.

    Overview

    This brand new building is located on Highway 377 in Aubrey. The property includes one of five suites, each offering 1500 square feet in shell condition. Highway 377 is experiencing rapid growth within the DFW area, with numerous new homes currently under construction. The property is situated near Aubrey High School and across the street from Brockett Elementary School. The building has a facade with stone-like brick and provides parking at a ratio of 4.5 spots per 1000 square feet. It is suitable for various uses, including fast food, bakery, dentist, sports doctor, physiotherapist, beauty salon, barber shop, professional office, and physician office.

    Local Financial Insights For 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 $37.4k $24.96
    − Vacancy −$1.9k −$1.25
    EGI $35.6k $23.71
    − OpEx −$10.7k −$7.11
    NOI $24.9k $16.60
    1,500 SF · lease $24.96/SF/yr · vacancy 5.00% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $355.7K
    $311.2K – $415.0K (±1% cap)
    NOI $24,898 @ 7.0% cap · market cap 5.19%
    Second Best
    Office B
    $298.0K
    $260.7K – $347.6K (±1% cap)
    NOI $20,858 @ 7.0% cap · market cap 4.35%
    Theoretical Best
    Multifamily LT 5
    $20.98M
    $18.35M – $24.47M (±1% cap)
    NOI $1,468,365 @ 7.0% cap · market cap 305.91%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

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

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

    Similar Places Nearby

    • Amanda And Tulips — 212 Michelle St, Cross Roads, TX 76227

    Location Insight

    • Map
    • Local Demand
    City
    Aubrey
    County
    Denton
    State
    Texas
    Longitude
    -96.982809
    Latitude
    33.295586

    FAQs

    What type of property is this?
    Storefront property - New 1500 SF commercial suite for sale in Aubrey, TX.
    Where is this storefront property located?
    The property is located at 501 Pine Ridge Drive #300 Aubrey, TX.
    What is the asking price?
    The asking price for this property is $480,000.
    What are key features of this property?
    This property features: Brand new building in shell condition, allowing for customized build‑out.; Located on high‑traffic Highway 377 in rapidly growing Aubrey, TX.; High visibility location near Aubrey High School and across from Brockett Elementary.
    More about this property
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