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Flex Office and Shop Space
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200 Cypress Street, Seagoville, TX 75159

Approximately 2,400 SF flex space with office areas, open shop space, and three roll-up doors for loading access.

Property Size2,400 SF
Price / SF$1.46
Days on Market99

Property Features for 200 Cypress Street

General Information

Standard status Active
Size 2,400 SF
Property subtype Business

Additional Details

Highway Access Yes

Building Details

Year Built 1999
Listing Agency: Exit Realty Pro
Listed By: Jessica Harrell · License #657155
Source: Lonestarluxuryrealty
Added: Jul 26 Changed: Oct 29 Last Checked: Nov 1 at 5:21AM

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 Exit Realty Pro

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This flex property offers approximately 2,400 SF of functional office and shop space with a flexible layout. The interior includes dedicated office areas alongside open shop space, supported by additional overhead storage above the office.

The building is described as well-maintained and provides easy access to US-175. Loading and access are supported by three roll-up doors, including two at the front and one on the side.

Overhead storage above the office helps maximize usable space, while the combination of enclosed office and open shop areas supports a range of business needs.

Key Highlights

  • Approximately 2,400 SF office and shop space with a flexible layout for a variety of business uses
  • Dedicated office areas plus open shop space for flexible operations
  • Three roll‑up doors—two at the front and one on the side—for loading and access

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$11,609
Suggested Prices Based on Cap Rates
Cap Rate 5%
$232,180 $232.2K
Cap Rate 7%
$165,843 $165.8K
Cap Rate 9%
$128,989 $129.0K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$19.6K $8.16/SF
− Vacancy
−$1.7K −$0.72/SF
EGI
$17.9K $7.44/SF
− OpEx
−$6.3K −$2.60/SF
NOI
$11.6K $4.84/SF
Area
Dallas County, TX
Vacancy
8.80%
Lease Rate
$8.16 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$232,180
Cap Rate 7%
$165,843
Cap Rate 9%
$128,989

Alternative Uses

Best Use
Industrial
$177.7K
$155.5K – $207.4K (±1% cap)
NOI $12,441 @ 7.0% cap · market cap 355.46%
Second Best
Flex RnD
$165.8K
$145.1K – $193.5K (±1% cap)
NOI $11,609 @ 7.0% cap · market cap 331.69%
Theoretical Best
Multifamily LT 5
$28.77M
$25.17M – $33.56M (±1% cap)
NOI $2,013,757 @ 7.0% cap · market cap 57,535.91%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Law Firm Storage Facility Cafe & Coffee Shop Electrical Service Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

187
Businesses Nearby
Balanced
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Flex space - Approximately 2,400 SF flex space with office areas, open shop space, and three roll-up doors for loading access.
Where is this flex space located?
The property is located at 200 Cypress Street Seagoville, TX.
What are key features of this property?
This property features: Approximately 2,400 SF office and shop space with a flexible layout for a variety of business uses; Dedicated office areas plus open shop space for flexible operations; Three roll‑up doors—two at the front and one on the side—for loading and access
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