Mixed-Use Suite with Open
New
For Sale
$409,500
199 N US-175 #120 120, Seagoville, TX 75159
New construction shell space offers flexible retail, restaurant, or office configuration with substantial shared parking.
Property Size8,125 SF
Price / SF$300
Days on Market2
Property Features for 199 N US-175 #120 120
General Information
Standard status
Active
Size
8,125 SF
Property subtype
CommercialSale
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Building Size
8,125 SF
Tenancy
Multi
Parking Ratio
8.7 per 1,000 SF
Abandoned
No
Listing Agency:
Perfect Realty Partners
(469) 252-1252
Listed By:
Srinivas Chaluvadi · License #0593565
(469) 252-1261
Source:
Dallashighrisecondo
Added: Sep 1
Last Checked: Sep 1 at 9:36PM
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
Investment Insights
Based on property information with market context.
This 1,365 SF mixed-use suite is part of a newly constructed building divided into five functional spaces. Delivered in shell condition, it features a broad open interior, a stone-look brick exterior, and professionally designed landscaping. The suite can accommodate retail, restaurant, office, childcare, medical, professional, or community-oriented uses identified for the property, with outdoor seating particularly suited to the open layout.
The building fronts US Hwy 175 in Seagoville and sits across from Malloy Bridge Apartments, a residential community with apartments and townhomes. A 1,300-home lagoon community is also described as minutes away, with shopping and dining nearby. The property provides a large parking area offering 8.7 spaces per 1,000 SF. The entire 8,125 SF building is also available for sale or lease.
The building fronts US Hwy 175 in Seagoville and sits across from Malloy Bridge Apartments, a residential community with apartments and townhomes. A 1,300-home lagoon community is also described as minutes away, with shopping and dining nearby. The property provides a large parking area offering 8.7 spaces per 1,000 SF. The entire 8,125 SF building is also available for sale or lease.
Key Highlights
- 1,365 SF suite within a building divided into five functional spaces
- New construction delivered in shell condition
- Large open interior with potential for outdoor seating
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$24,403
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.96%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$488,060
$488.1K
Cap Rate 7%
$348,614
$348.6K
Cap Rate 9%
$271,144
$271.1K
Market Conditions
NOI Build-Up for 1,365 SF
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.
Gross rent
$34.1K $24.96/SF
− Vacancy
−$1.5K −$1.12/SF
EGI
$32.5K $23.84/SF
− OpEx
−$8.1K −$5.96/SF
NOI
$24.4K $17.88/SF
Area
Dallas County, TX
Vacancy
4.50%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$488,060
Cap Rate 7%
$348,614
Cap Rate 9%
$271,144
Alternative Uses
Best Use
Specialty Retail
$348.6K
$305.0K – $406.7K
NOI $24,403 @ 7.0% cap · market cap 5.96%
Second Best
Retail
$323.7K
$283.2K – $377.6K
NOI $22,657 @ 7.0% cap · market cap 5.53%
Theoretical Best
Multifamily LT 5
$16.36M
$14.32M – $19.09M
NOI $1,145,324 @ 7.0% cap · market cap 279.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
15
Businesses Nearby
Explore this area
Business Placement
Demographics for 75159, TX
22,127
Population
7,192
Households
3.1
Avg Household Size
35
Median Age
13%
College-Educated
76%
High-School Grad
59.3 sq mi
ZIP Area
373
Density / Sq Mi
$72,245
Median Household Income
$36,643
Median Earnings
$1,176
Median Rent
$224,600
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - New construction shell space offers flexible retail, restaurant, or office configuration with substantial shared parking.
Where is this mixed-use property located?
The property is located at 199 N US-175 #120 120 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: 1,365 SF suite within a building divided into five functional spaces; New construction delivered in shell condition; Large open interior with potential for outdoor seating
