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    Industrial Outdoor Storage and Office Title is generated by Realmo AI

    401 SIMONDS RD, Seagoville, TX 75159

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    Fully fenced industrial site with dedicated office space and mechanic workshop for towing, contractors, or fleet operations.

    Type:Industrial, Land, Self Storage
    Property size:
    5,180 SF
    Lot size:
    1.98 Acres
    Price / SF:
    $188/SF
    Added:
    Jun 30, 2026
    Days on Market:
    9
    Last Refresh:
    Jul 4 at 2:18 am

    Property Features for 401 SIMONDS RD

    General Information

    Standard status
    Active
    Size
    5,180 SF
    Lot size
    1.98 Acres
    Property subtype
    Industrial, Land, Self Storage

    Building Details

    Year Built
    2000

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    Karam Khalil
    Karam Khalil

    Listing office KHALiL REAL ESTATE

    Listing date Jun 30, 2026

    Source Crexi

    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 KHALiL REAL ESTATE

    HighLights

    • 1.984‑acre (86,423 SF) industrial outdoor storage (IOS) site with 105 ft frontage and over 823 ft depth
    • Fully fenced and secure industrially zoned property with three separate structures totaling 5,180 SF
    • 3,720 SF fully remodeled office facility with multiple private offices, reception, kitchen, two restrooms, plus conference and admin areas
    • 1,610 SF building with full kitchen, full bathroom with shower, and living space; separately metered from the main office
    • 850 SF two‑bay mechanic workshop for service and maintenance; separately metered from the main office with operational flexibility

    Overview

    This property offers an industrial outdoor storage (IOS) setup with office space and service support on a fully fenced and secure site. The offering includes three separate structures totaling 5,180 square feet. The main building features a fully remodeled 3,720-square-foot office facility with multiple private offices, a reception area, full kitchen, two restrooms, and conference and administrative areas. A dedicated electrical meter serves the office building.

    Also on-site is an additional 1,610-square-foot building with a full kitchen, a full bathroom with shower, and living space, which can support a security guard residence, on-site manager use, employee housing, or additional office use. An 850-square-foot two-bay mechanic workshop provides service and maintenance capabilities for fleet, equipment, or automotive operations. The rear house and workshop are separately metered from the main office building, supporting operational flexibility.

    The site is located on approximately 1.984 acres with 105 feet of frontage and more than 823 feet of depth, positioned less than one minute from Highway 175 for quick regional access. With industrial zoning and expansive outdoor storage capacity, the property is well suited for towing operations, landscaping companies, construction contractors, fleet parking, equipment storage, dispatch services, utility contractors, and sales offices that need outdoor inventory or staging space.

    Local Financial Insights For Retail

    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 $129.3k $24.96
    − Vacancy −$6.5k −$1.25
    EGI $122.8k $23.71
    − OpEx −$36.8k −$7.11
    NOI $86.0k $16.60
    5,180 SF · lease $24.96/SF/yr · vacancy 5.00% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $1.23M
    $1.07M – $1.43M (±1% cap)
    NOI $85,980 @ 7.0% cap · market cap 8.82%
    Second Best
    Office B
    $1.05M
    $917.8K – $1.22M (±1% cap)
    NOI $73,427 @ 7.0% cap · market cap 7.53%
    Theoretical Best
    Multifamily LT 5
    $62.09M
    $54.33M – $72.44M (±1% cap)
    NOI $4,346,359 @ 7.0% cap · market cap 445.78%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Orange Freight Freight Service SDX58, INC Loan Service Live Realty Shots Photography Service Mortgage lender Seagoville ... Loan Service

    Suggested Use

    Real Estate Agency Dental Office Law Firm Parking Lot & Garage (Bike/Boat/Book/etc) Store Bakery Hair Salon Carpet & Flooring Store Catering Service Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Seagoville
    County
    Dallas
    State
    Texas
    Longitude
    -96.5642943
    Latitude
    32.6615691

    FAQs

    What type of property is this?
    Flex space - Fully fenced industrial site with dedicated office space and mechanic workshop for towing, contractors, or fleet operations.
    Where is this flex space located?
    The property is located at 401 SIMONDS RD Seagoville, TX.
    What is the asking price?
    The asking price for this property is $975,000.
    What are key features of this property?
    This property features: 1.984‑acre (86,423 SF) industrial outdoor storage (IOS) site with 105 ft frontage and over 823 ft depth; Fully fenced and secure industrially zoned property with three separate structures totaling 5,180 SF; 3,720 SF fully remodeled office facility with multiple private offices, reception, kitchen, two restrooms, plus conference and admin areas
    (817) 881-2662 Call to check price and availability
    More about this property
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