Wylie Freestanding Building For
211 Regency Drive Wylie, TX 75098
For Sale
$1,790,000
Freestanding building in Wylie with office and warehouse space.
Property Size6,984 SF
Price / SF$256.30
Days on Market100
Property Features for 211 Regency Drive
General Information
Standard status
Active
Size
6,984 SF
Property subtype
Commercial
Building Details
Year Built
2012
Listing Agency:
Opportune Realty
(214) 662-1941
Listed By:
Ari Besefki · License #0655788
(214) 662-1941
Source:
Signaturere
Added: Apr 22
Changed: Jul 10
Last Checked: Jul 29 at 12:42PM
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 Opportune Realty
Investment Insights
Based on property information with market context.
This freestanding building is located in the high-growth area of Wylie. The property includes 6,984 square feet divided into two units. Approximately 1,100 square feet is dedicated office space, with the remainder configured as a workshop warehouse. The building features 2 phase-3 electrical power and ceiling heights ranging from 14 to 18 feet. There is a dedicated office area, ample parking spaces, and storage area.
Key Highlights
- Free‑standing building in high‑growth area of Wylie
- 6,984 sf total space with workshop/warehouse
- Two units offer flexibility
Financial Insights For Flex RnD
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 | $83.8k | $12.00 |
| − Vacancy | −$5.0k | −$0.72 |
| EGI | $78.8k | $11.28 |
| − OpEx | −$27.6k | −$3.95 |
| NOI | $51.2k | $7.33 |
6,984 SF · lease $12.00/SF/yr · vacancy 6.00% · expense 35.00%
Alternative Uses
Best Use
Industrial
$6.94M
$6.07M – $8.10M
NOI $485,781 @ 7.0% cap · market cap 27.14%
Second Best
Flex RnD
$731.5K
$640.1K – $853.5K
NOI $51,207 @ 7.0% cap · market cap 2.86%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Flex space - Freestanding building in Wylie with office and warehouse space.
Where is this flex space located?
The property is located at 211 Regency Drive Wylie, TX.
What is the asking price?
The asking price for this property is $1,790,000.
What are key features of this property?
This property features: Free‑standing building in high‑growth area of Wylie; 6,984 sf total space with workshop/warehouse; Two units offer flexibility
