Flex Space with Studio
For Sale
$425,000
200 W Malloy Bridge Rd, Seagoville, TX 75159
Professionally finished flex space with multiple rooms, kitchen, garage doors, and a covered patio.
Property Size4,600 SF
Price / SF$92.39
Days on Market56
Property Features for 200 W Malloy Bridge Rd
General Information
Standard status
Active
Size
4,600 SF
Property subtype
Commercial
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Asking Price
$465,900
Drive-In Doors
4
Amenities
Showers
Kitchen Area
Covered Patio
Building Details
Year Built
1999
Buildings
1
Building Size
4,600 SF
Listing Agency:
Dalton Wade, Inc.
(727) 888-4175
Listed By:
Pete Val Valletutti
Source:
Magnoliarealtywaco
Added: Jul 6
Changed: Aug 30
Last Checked: Aug 30 at 1:10AM
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 Dalton Wade, Inc.
Investment Insights
Based on property information with market context.
This 4,600-square-foot flex property was built in 1999 and is currently configured as a recording and video studio. The finished interior includes multiple studio rooms that can be adapted for office use, along with a kitchen area, tiled showers and bathrooms, tile and marble finishes, and a covered front patio. The site also includes a parking lot, landscaped grass areas, and four garage doors.
Located along C.F. Hawn Freeway, also designated Hwy. 175, the property is approximately 15 minutes from downtown Dallas. Three 5-ton HVAC systems serve the building, including two newer units. The roof was completed on Aug. 21, 2020, with a transferable warranty. Some rental income is associated with the property, and additional studio equipment may be negotiated separately.
Located along C.F. Hawn Freeway, also designated Hwy. 175, the property is approximately 15 minutes from downtown Dallas. Three 5-ton HVAC systems serve the building, including two newer units. The roof was completed on Aug. 21, 2020, with a transferable warranty. Some rental income is associated with the property, and additional studio equipment may be negotiated separately.
Key Highlights
- 4,600‑square‑foot finished flex building on land
- Current recording and video studio configuration with multiple rooms
- Four garage doors, parking lot, and covered front patio
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
$28,955
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
6.81%
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%
$579,100
$579.1K
Cap Rate 7%
$413,643
$413.6K
Cap Rate 9%
$321,722
$321.7K
Market Conditions
NOI Build-Up for 4,600 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
$37.4K $8.12/SF
− Vacancy
−$3.3K −$0.71/SF
EGI
$34.1K $7.41/SF
− OpEx
−$5.1K −$1.11/SF
NOI
$29.0K $6.29/SF
Area
Dallas County, TX
Vacancy
8.80%
Lease Rate
$8.12 /SF/Yr
Expense Ratio
15.00%
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%
$579,100
Cap Rate 7%
$413,643
Cap Rate 9%
$321,722
Alternative Uses
Best Use
Office B
$931.5K
$815.1K – $1.09M
NOI $65,205 @ 7.0% cap · market cap 15.34%
Second Best
Warehouse
$413.6K
$361.9K – $482.6K
NOI $28,955 @ 7.0% cap · market cap 6.81%
Theoretical Best
Multifamily LT 5
$55.14M
$48.25M – $64.33M
NOI $3,859,701 @ 7.0% cap · market cap 908.16%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Drive-in doors
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
187
Businesses Nearby
Balanced
Demand for This Use
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
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Frequently Asked Questions
What type of property is this?
Flex space - Professionally finished flex space with multiple rooms, kitchen, garage doors, and a covered patio.
Where is this flex space located?
The property is located at 200 W Malloy Bridge Rd Seagoville, TX.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 4,600‑square‑foot finished flex building on land; Current recording and video studio configuration with multiple rooms; Four garage doors, parking lot, and covered front patio
