Flex Space with Studio
New
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 Market2
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
(727) 888-4175
Source:
Heritance
Added: Sep 9
Last Checked: Sep 9 at 3:26PM
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 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 = 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
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
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
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
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?
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
