End-Cap Retail
For Sale
$3,500,000
501 Old Denton Road, Lewisville, TX 75056
CommercialSale, Lewisville, TX
Property Size8,487 SF
Lot Size2.53 Acres
Price / SF$412.40
Days on Market121
Property Features for 501 Old Denton Road
General Information
Property type
Commercial Sale
Property subtype
Retail
Property condition
Under Construction
Zoning description
Commercial
Parking features
Parking Lot
Subdivision
Wyndale Meadows Add Ph
Directions
Use GPS
Standard status
Active
APN
R686725
Lot size
2.53 Acres
Taxes and HOA fees
Tax Description
WYNDALE MEADOWS ADDITION PHASE 1 BLK M LOT 2
Tax Annual Amount
30460
Legal Description
WYNDALE MEADOWS ADDITION PHASE 1 BLK M LOT 2
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
2025
Floors in Building
1
Number of units
1
Flooring type
Concrete
Building materials
StoneVeneer, Stucco
Roof type
Flat
Listing Agency:
Competitive Edge Realty LLC
(972) 200-3685
Listed By:
Mary Brandon · License #0569062
(972) 231-4663
Added: Jun 9
Changed: Aug 21
Last Checked: Oct 7 at 8:06PM
MLS# 21061999
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 under-construction retail space comprises approximately 8,487 square feet within a 2.529-acre center. The end-cap configuration supports a range of retail uses, with a planned grease trap for restaurant, cafe, and other food-service operations. Concrete flooring, a flat roof, stone veneer and stucco construction, and parking-lot access are specified for the property.
The center is positioned at the intersection of Parker and Old Denton Road in Lewisville, Texas. Public water and public sewer are identified, along with electricity, drainage, and other utility infrastructure. Completion is estimated for December 2025 through January 2026, and the building is listed as under construction with a 2025 year built designation.
The center is positioned at the intersection of Parker and Old Denton Road in Lewisville, Texas. Public water and public sewer are identified, along with electricity, drainage, and other utility infrastructure. Completion is estimated for December 2025 through January 2026, and the building is listed as under construction with a 2025 year built designation.
Key Highlights
- Approximately 8,487 sq. ft. of retail space
- 2.529‑acre commercial center
- End‑cap layout with planned grease trap
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$136,416
Cap Rate
3.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,728,320
$2.7M
Cap Rate 7%
$1,948,800
$1.9M
Cap Rate 9%
$1,515,733
$1.5M
Market Conditions
NOI Build-Up for 8,487 SF
Gross rent
$204.7K $24.12/SF
− Vacancy
−$9.8K −$1.16/SF
EGI
$194.9K $22.96/SF
− OpEx
−$58.5K −$6.89/SF
NOI
$136.4K $16.07/SF
Area
Lewisville, TX
Vacancy
4.80%
Lease Rate
$24.12 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,728,320
Cap Rate 7%
$1,948,800
Cap Rate 9%
$1,515,733
Alternative Uses
Best Use
Retail
$1.95M
$1.71M – $2.27M
NOI $136,416 @ 7.0% cap · market cap 3.90%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.83M
$2.48M – $3.30M
NOI $198,066 @ 7.0% cap · market cap 5.66%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
194
Businesses Nearby
18k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
7-Eleven
Shops & Services
17,036 visits/mo
0.2 miles
Advantage Storage
Shops & Services
486 visits/mo
0.2 miles
Demographics for 75056, TX
67,570
Population
28,102
Households
2.4
Avg Household Size
36
Median Age
54%
College-Educated
95%
High-School Grad
23.6 sq mi
ZIP Area
2,863
Density / Sq Mi
$116,806
Median Household Income
$64,197
Median Earnings
$1,808
Median Rent
$414,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Retail space - Under-construction commercial space with public utilities and a grease trap planned for food-service flexibility.
Where is this retail space located?
The property is located at 501 Old Denton Road Lewisville, TX.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Approximately 8,487 sq. ft. of retail space; 2.529‑acre commercial center; End‑cap layout with planned grease trap
