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    Fenced Industrial Outdoor Storage Property Title is generated by Realmo AI

    401 W Simonds Road, Seagoville, TX 75159

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    Claim this Listing
    New
    For Sale
    $975,000

    COMMERCIAL - Seagoville, TX

    Property size:
    5,180 SF
    Lot size:
    2.00 Acres
    Price / SF:
    $188/SF
    Added:
    Jul 1, 2026
    Days on Market:
    7
    Last Refresh:
    Jul 7 at 7:06 pm

    Property Features for 401 W Simonds Road

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Parking features
    Gated, Parking Lot, Secured
    Security features
    Security
    Standard status
    Active
    APN
    202600009467
    Lot size
    2.00 Acres

    Taxes and HOA fees

    Tax Description
    LOT 1R, BLOCK 1, SEAGO-SIMONDS ADDITION

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Year built
    2000
    Floors in Building
    1
    Number of units
    1
    Flooring type
    Tile, Vinyl
    Building materials
    VinylSiding, WoodSiding
    Roof type
    Composition

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    KARAM KHALIL
    KARAM KHALIL

    Listing agent KARAM KHALIL License #9016033

    Listing office KHALiL REAL ESTATE Mansfield, TX

    Listing date Jul 1, 2026

    MLS# 21308571

    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.

    HighLights

    • 1.984‑acre fully fenced industrial outdoor storage (IOS) site with 105 ft frontage and 823+ ft depth
    • 3 separate structures totaling 5,180 SF: 3,720 SF remodeled office, 610 SF office/aux building, and 850 SF two‑bay mechanic workshop
    • Office includes multiple private offices, reception, full kitchen, 2 restrooms, plus conference and administrative areas
    • 610 SF building has full kitchen, full bath with shower, and living space; separately metered from the main office
    • Two‑bay mechanic workshop supports service and maintenance for fleet, equipment, or automotive operations
    • Public water and public sewer; composition roof; vinyl and wood siding; secured parking with gated access

    Overview

    This industrial property is built for operational use, combining fully fenced outdoor storage with multiple improved structures on 1.984 acres. The site provides approximately 105 feet of frontage and more than 823 feet of depth, supporting a wide range of equipment and vehicle storage and onsite business needs. A remodeled +/-3,720-square-foot main office includes multiple private offices, a reception area, full kitchen, two restrooms, and conference and administrative space. The office is served by a dedicated electrical meter.

    Complementing the main office are two additional structures. A +/-610-square-foot building includes a full kitchen, full bathroom with shower, and living space, which can support a security guard residence, on-site manager use, or additional office requirements. An additional +/-850-square-foot, two-bay mechanic workshop provides service and maintenance space for fleet, equipment, or automotive operations. The rear house and workshop are separately metered from the main office building, offering flexibility for future users.

    The property is industrially zoned and designed for users such as towing operations, landscaping companies, construction contractors, fleet parking, equipment storage, dispatch services, utility contractors, and industrial outdoor storage users. Access is supported by proximity to Highway 175, located less than one minute away, connecting operations to the Dallas-Fort Worth Metroplex and surrounding markets.

    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.
    Property Profile 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
    -96.57475
    Latitude
    32.657384

    FAQs

    What type of property is this?
    Flex space - Secure, industrially zoned site with remodeled office space and mechanic workshop for towing, storage, and contractor operations.
    Where is this flex space located?
    The property is located at 401 W Simonds Road 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 fully fenced industrial outdoor storage (IOS) site with 105 ft frontage and 823+ ft depth; 3 separate structures totaling 5,180 SF: 3,720 SF remodeled office, 610 SF office/aux building, and 850 SF two‑bay mechanic workshop; Office includes multiple private offices, reception, full kitchen, 2 restrooms, plus conference and administrative areas
    More about this property
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