Flex Space with Studio
For Sale
$425,000
200 W Malloy Bridge Rd, Seagoville, TX 75159
Finished flex property with multiple rooms, garage access, tiled restrooms, kitchen area, and a covered patio.
Property Size4,600 SF
Price / SF$92.39
Days on Market47
Property Features for 200 W Malloy Bridge Rd
General Information
Standard status
Active
Size
4,600 SF
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Asking Price
$465,900
Amenities
Showers and bathrooms
Kitchen Area
Front Covered Patio
Building Details
Year Built
1999
Building Size
4,600 SF
Listing Agency:
Dalton Wade, Inc.
Listed By:
Peter Valletutti · License #0349526
(972) 599-5900
Source:
Heritance
Added: Sep 9
Changed: Oct 16
Last Checked: Oct 13 at 1:28AM
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.
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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 or office rooms, a kitchen area, tiled showers and bathrooms, tile and marble finishes, and three 5-ton HVAC units, including two newer systems. The building also provides four garage doors, a parking lot, grass areas, and a covered front patio.
The property is located at 200 W Malloy Bridge Rd in Seagoville, along C.F. Hawn Freeway, also designated Hwy. 175. Downtown Dallas is approximately 15 minutes away. The roof was completed on Aug. 21, 2020, with a transferable warranty. Prior use also included a local radio station broadcast site, and the layout can accommodate office or other small-business applications.
The property is located at 200 W Malloy Bridge Rd in Seagoville, along C.F. Hawn Freeway, also designated Hwy. 175. Downtown Dallas is approximately 15 minutes away. The roof was completed on Aug. 21, 2020, with a transferable warranty. Prior use also included a local radio station broadcast site, and the layout can accommodate office or other small-business applications.
Key Highlights
- 4,600‑square‑foot finished flex building on 200 W Malloy Bridge Rd
- Currently configured as a recording and video studio with multiple rooms
- Four garage doors, parking lot, grass areas, and covered front patio
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,955
Cap Rate
6.81%
Suggested Prices Based on Cap Rates
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
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 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.
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
187
Businesses Nearby
Balanced
Demand for This Use
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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
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Flex space - Finished flex property with multiple rooms, garage access, tiled restrooms, kitchen area, 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 200 W Malloy Bridge Rd; Currently configured as a recording and video studio with multiple rooms; Four garage doors, parking lot, grass areas, and covered front patio
