202-753 S Railroad St Lewisville, TX 75057
Upgraded loft-style garage suite with a mezzanine, fireplace lounge, and climate-controlled wine cellar in a gated community of private suites.
Property Features for 202-753 S Railroad St
General Information
- Standard status
- Active
- Size
- 1,602 SF
- Lot size
- 3.50 Acres
Listing office Phillips Realty Group & Assoc (214) 432-4416
Listing date Jun 6, 2026
Source Exprealty
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Investment Insights
Based on property information with market context.
The property is located within an exclusive gated 3.5-acre development featuring only 63 privately owned suites, offering controlled access and a community environment designed for like-minded collectors and professionals. The secured setting supports vehicle storage, equipment keeping, and private showroom-style presentations.
With its layout and finish package, the suite is well suited for owners who want secure, indoor space that can function as an automotive gallery, showroom environment, executive office, or creative studio. The combination of expanded mezzanine utility and entertainment-oriented amenities makes it practical for both day-to-day operations and hosting. The open design supports multiple configurations, whether the primary use is luxury vehicle storage, recreational equipment storage, or a dedicated display space.
Key Highlights
- Fully customized 1,602‑SF loft‑style garage suite in a gated 3.5‑acre development with 63 privately owned suites
- 25' x 50' expansive floorplan with soaring ceilings and sleek epoxy flooring
- Custom‑built mezzanine to maximize usable space
Local Financial Insights For Warehouse
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 | $24.0k | $15.00 |
| − Vacancy | −$2.3k | −$1.43 |
| EGI | $21.7k | $13.58 |
| − OpEx | −$3.3k | −$2.04 |
| NOI | $18.5k | $11.54 |
