Retail Property with Two
200 Meadowlands Boulevard, Keller, TX 76248
SINGLE_FAMILY - Keller, TX
Type:Office
Property size:
8,112 SFLot size:
0.92 AcresPrice / SF:
$292/SF- Added:
- Aug 15, 2025
- Days on Market:
- 292
- Last Refresh:
- Jun 2 at 11:06 pm
Property Features for 200 Meadowlands Boulevard
General Information
- Property type
- Residential
- Property subtype
- Office
- Parking features
- Garage, Driveway, Parking Lot
- Security features
- Security
- Accessibility
- Accessible Approach with Ramp
- Standard status
- Active
- APN
- 40738078
- Lot size
- 0.92 Acres
Taxes and HOA fees
- Tax Description
- Shemwell Addition Block A Lot R1
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Central, Zoned
- Cooling system
- Zoned, Electric, Multi Units, Central Air
- Water source
- Public
Building Details
- Year built
- 2006
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Travertine, Carpet, Laminate
- Building materials
- Brick
- Roof type
- Composition, Shingle
Listing agent Brad Enderby License #0337687 (214) 202-3645
Listing office P. Bradley Enderby Richardson, TX (214) 202-3645
Listing date Aug 15, 2025
MLS# 20653445
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.
HighLights
- Zoned retail property with two entrances and two entrances/exits
- Two‑building setup totaling 8,112 RSF with immediate occupancy upon closing and funding
- Concrete parking for 46 automobiles (ratio of 1 space per 176 SF)
- Brick construction with composition shingle roof
- Public utilities: public water and public sewer
- Parking and accessibility include garage, driveway, parking lot, and an accessible approach with ramp
Overview
This retail property is zoned for retail use and includes two separate buildings. The offering is structured with lease-to-own possibilities tied to a two-building arrangement with 8,112 RSF for lease. The site provides two entrances and exits, with concrete parking designed to support day-to-day customer and tenant access.
On-site parking totals 46 automobiles, and the site’s parking ratio is noted as 1 car park for every 176 square feet. Immediate occupancy is available upon closing and funding, which can help reduce downtime for the next operator.
With retail zoning and a two-building layout, the property may suit tenants or buyers looking for flexible occupancy planning under a lease-to-own structure. The combination of multiple access points and established on-site parking can support both customer-facing traffic patterns and straightforward operational flow. For parties evaluating retail conversion, leasing, or an ownership transition, this configuration offers a practical platform to plan next steps quickly.
On-site parking totals 46 automobiles, and the site’s parking ratio is noted as 1 car park for every 176 square feet. Immediate occupancy is available upon closing and funding, which can help reduce downtime for the next operator.
With retail zoning and a two-building layout, the property may suit tenants or buyers looking for flexible occupancy planning under a lease-to-own structure. The combination of multiple access points and established on-site parking can support both customer-facing traffic patterns and straightforward operational flow. For parties evaluating retail conversion, leasing, or an ownership transition, this configuration offers a practical platform to plan next steps quickly.
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 | $202.5k | $24.96 |
| − Vacancy | −$10.1k | −$1.25 |
| EGI | $192.4k | $23.71 |
| − OpEx | −$57.7k | −$7.11 |
| NOI | $134.6k | $16.60 |
8,112 SF · lease $24.96/SF/yr · vacancy 5.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.92M
$1.68M – $2.24M
NOI $134,646 @ 7.0% cap · market cap 5.67%
Second Best
Office B
$1.61M
$1.41M – $1.88M
NOI $112,797 @ 7.0% cap · market cap 4.75%
Theoretical Best
Multifamily LT 5
$113.44M
$99.26M – $132.35M
NOI $7,940,916 @ 7.0% cap · market cap 334.35%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
WES Enterprises LP
Production Facility
Location Insight
- Map
- Local Demand
- City
- Keller
- County
- Denton
- State
- Texas
- Longitude
- -97.236234
- Latitude
- 32.935329
Nearby Similar for Sale
FAQs
What type of property is this?
Office units - Zoned retail with two building lease-to-own potential and on-site concrete parking for 46 automobiles.
Where is this office units located?
The property is located at 200 Meadowlands Boulevard Keller, TX.
What is the asking price?
The asking price for this property is $2,375,000.
What are key features of this property?
This property features: Zoned retail property with two entrances and two entrances/exits; Two‑building setup totaling 8,112 RSF with immediate occupancy upon closing and funding; Concrete parking for 46 automobiles (ratio of 1 space per 176 SF)
