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Freestanding Flex and Warehouse Building

211 Regency Drive Wylie, TX 75098

211 Regency Drive, Wylie, TX, 75098
$1,790,000
For Sale
$1,790,000

COMMERCIAL - Wylie, TX

Property Size6,357 SF
Lot Size0.68 Acres
Price / SF$281.58
Days on Market56

Property Features for 211 Regency Drive

General Information

Property type
Commercial Sale
Property subtype
Other
Parking features
Boat
Standard status
Active
APN
R220800C04401
Size
6,357 SF
Lot size
0.68 Acres

Taxes and HOA fees

Tax Description
REGENCY BUSINESS PARK - PHASE 2 (CWY), BLK C,
Tax Annual Amount
15427

Utilities

Sewer type
Public Sewer
Heating system
Natural Gas, Central
Cooling system
Electric, Central Air

Building Details

Year built
2012
Floors in Building
1
Number of units
2
Flooring type
Concrete
Building materials
Brick
Roof type
Metal
Listing Agency Opportune Realty
Frisco, TX
Listed by Ari Besefki · License #TX-0655788
Added: May 24 Checked: Jul 18 at 12:06 am
MLS# 20813048

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This free standing building is configured as two separate units, totaling 6,984 square feet, with about 1,100 square feet of office space. The remaining area is workshop and warehouse space, supported by ceiling heights estimated at 14 to 18 feet. The property also includes a dedicated office area, along with room for storage in the warehouse portions of the facility. Electrical service is listed as 2-phase-3, and the overall site includes plenty of parking.

Located in a high-growth area of Wylie, the property is positioned for straightforward customer and employee access given its on-site parking availability. The listing is for 211 Regency Drive in Wylie, Texas.

This configuration is well suited for owner-occupiers or tenants seeking a functional mix of offices and light workshop/warehouse operations. With two units in place, it can also appeal to buyers looking for flexibility, whether to occupy one unit and lease the other or to consolidate operations into the combined space. The combination of office support, workshop/warehouse layout, and practical site parking makes it a useful option for a range of small industrial and flex users.

Key Highlights

  • Free‑standing 2‑unit building totaling 6,984 SF, with about 1,100 SF office and remaining workshop/warehouse space
  • Built in 2012 with brick construction, metal roof, and concrete flooring
  • Central heating and central air cooling, with natural gas and central air

Local Financial Insights For Office B

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 $139.6k $21.96
− Vacancy −$32.1k −$5.05
EGI $107.5k $16.91
− OpEx −$26.9k −$4.23
NOI $80.6k $12.68
6,357 SF · lease $21.96/SF/yr · vacancy 23.00% · expense 25.00%

Alternative Uses

Best Use
Industrial
$6.32M
$5.53M – $7.37M (±1% cap)
NOI $442,169 @ 7.0% cap · market cap 24.70%
Second Best
Office B
$1.15M
$1.01M – $1.34M (±1% cap)
NOI $80,619 @ 7.0% cap · market cap 4.50%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

Law Firm Garden Center Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Hair Salon Grocery & Convenience Store Real Estate Agency Spa & Massage Center Carpet & Flooring Store Plumbing Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Flex space - Two-unit flex/warehouse property offers office space, workshop-style warehouse area, and ample on-site parking.
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 2‑unit building totaling 6,984 SF, with about 1,100 SF office and remaining workshop/warehouse space; Built in 2012 with brick construction, metal roof, and concrete flooring; Central heating and central air cooling, with natural gas and central air
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