New Construction Mixed-Use
For Sale
$409,500
199 N US-175, Seagoville, TX 75159
CommercialSale, Seagoville, TX
Property Size8,125 SF
Lot Size2.82 Acres
Price / SF$300
Days on Market281
Property Features for 199 N US-175
General Information
Property type
Commercial Sale
Property subtype
Retail
Property condition
Under Construction
Zoning description
Commercial
Subdivision
Malloy Bridge Crossing Town Center Rev
Directions
Set GPS to address
Standard status
Active
APN
50024000014AR1000
Size
1,365 SF
Lot size
2.82 Acres
Taxes and HOA fees
Tax Description
MALLOY BRIDGE CROSSING TN CTR BLK 1 LT 4AR1 A
Tax Annual Amount
4126
Legal Description
MALLOY BRIDGE CROSSING TN CTR BLK 1 LT 4AR1 A
Utilities
Sewer type
Public Sewer
Heating system
Space Heater
Water source
Public
Amenities
open space
Building Details
Year built
2025
Floors in Building
1
Number of units
1
Flooring type
Concrete
Building materials
Brick, Frame
Roof type
Composition
Listing Agency:
Perfect Realty Partners
(469) 252-1252
Listed By:
Srinivas Chaluvadi · License #0593565
(469) 252-1252
Added: Nov 24, 2025
Changed: Aug 21
Last Checked: Sep 1 at 7:06PM
MLS# 21101710
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 1,365-square-foot mixed-use suite is part of a newly constructed 8,125-square-foot building divided into five functional spaces. Delivered in shell condition, the suite features a broad open area, concrete flooring, a brick and frame exterior, composition roofing, and space heating. Construction is listed as under way, with a 2025 year built.
The property occupies 2.818 acres at 199 N US-175 in Seagoville, across from Malloy Bridge Apartments. A 8.7-spaces-per-1,000-square-feet parking ratio supports the building, while public water and public sewer serve the site. The surrounding area includes a 1,300-home lagoon community by Megatel Homes as well as nearby shopping and dining.
The property occupies 2.818 acres at 199 N US-175 in Seagoville, across from Malloy Bridge Apartments. A 8.7-spaces-per-1,000-square-feet parking ratio supports the building, while public water and public sewer serve the site. The surrounding area includes a 1,300-home lagoon community by Megatel Homes as well as nearby shopping and dining.
Key Highlights
- 1,365 SF mixed‑use suite within an 8,125‑square‑foot building
- One of five subdivided functional suites
- New construction with 2025 year built and under‑construction status
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
Property Profile
Current Use
Lease Details
1
Office units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
415
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 Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Shell-condition space with a flexible open layout, concrete flooring, and public water and sewer service.
Where is this mixed-use property located?
The property is located at 199 N US-175 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 mixed‑use suite within an 8,125‑square‑foot building; One of five subdivided functional suites; New construction with 2025 year built and under‑construction status
