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    Premium Office Building on Highway Title is generated by Realmo AI

    15821 Highway 175, Mabank, TX 75143

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    For Sale
    $1,100,000

    Professional office building near Cedar Creek Lake, leased to businesses.

    Type:Commercial
    Property size:
    4,920 SF
    Price / SF:
    $223/SF
    Added:
    Apr 22, 2026
    Days on Market:
    60
    Last Refresh:
    Apr 22 at 5:39 pm

    Property Features for 15821 Highway 175

    General Information

    Standard status
    Active
    Size
    4,920 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    2021

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    Listing Contact
    Buck Gentry

    Listing agent Buck Gentry

    Listing office Coldwell Banker American Dream

    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 Coldwell Banker American Dream

    HighLights

    • Premium professional office building built in 2021
    • Currently leased to two large businesses
    • Located on Hwy 175, close to Cedar Creek Lake, with heavy traffic count
    • Features 4920 sq ft with multiple offices, suites, meeting rooms, and reception areas
    • Includes kitchen, coffee bar area, work room, IT room, and storage
    • Offers 35 parking spaces, including 2 handicapped spaces

    Overview

    This professional office building is located on Highway 175 west of Mabank, near Cedar Creek Lake. Constructed in 2021, the 4920 square-foot building is currently leased to two large businesses. The west side of the building features five offices, two suites, a kitchen, a separate reception area, a work room, an IT room, and storage. The main building includes a large reception area with divided waiting areas, a large main meeting room, his and her lavatories, a kitchen, a coffee bar area, and a copy area. The east side contains six large office suites, two of which are currently used as meeting rooms. The property has a concrete parking area with 35 spaces, including two handicapped spaces. The location on Highway 175 with heavy traffic makes this building suitable for a variety of businesses.

    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 $151.1k $30.72
    − Vacancy −$41.4k −$8.42
    EGI $109.7k $22.30
    − OpEx −$27.4k −$5.58
    NOI $82.3k $16.73
    4,920 SF · lease $30.72/SF/yr · vacancy 27.40% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $1.18M
    $1.03M – $1.37M (±1% cap)
    NOI $82,297 @ 7.0% cap · market cap 7.48%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $1.73M
    $1.51M – $2.02M (±1% cap)
    NOI $121,150 @ 7.0% cap · market cap 11.01%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Spa & Massage Center Hair Salon Auto Repair Shop Nail Salon Hotel & Motel Auto Parts Store Grocery & Convenience Store Wine and Liquor Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Mabank
    County
    Henderson
    State
    Texas
    Longitude
    -96.2786
    Latitude
    32.3343

    FAQs

    What type of property is this?
    Office building - Professional office building near Cedar Creek Lake, leased to businesses.
    Where is this office building located?
    The property is located at 15821 Highway 175 Mabank, TX.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: Premium professional office building built in 2021; Currently leased to two large businesses; Located on Hwy 175, close to Cedar Creek Lake, with heavy traffic count
    More about this property
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