New Commercial Building on
501 Pine Ridge Drive #300 Aubrey, TX 76227
For Sale
$480,000
New 1500 SF commercial suite for sale in Aubrey, TX.
Property Size1,500 SF
Price / SF$320
Days on Market99
Property Features for 501 Pine Ridge Drive #300
General Information
Standard status
Active
Size
1,500 SF
Property subtype
Commercial
Building Details
Year Built
2024
Listing Agency:
Perfect Realty Partners
(469) 252-1261
Listed By:
Srinivas Chaluvadi · License #0593565
(469) 536-8695
Source:
Signaturere
Added: Apr 22
Changed: Jul 10
Last Checked: Jul 17 at 9:42AM
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 Perfect Realty Partners
Investment Insights
Based on property information with market context.
This brand new building is located on Highway 377 in Aubrey. The property includes one of five suites, each offering 1500 square feet in shell condition. Highway 377 is experiencing rapid growth within the DFW area, with numerous new homes currently under construction. The property is situated near Aubrey High School and across the street from Brockett Elementary School. The building has a facade with stone-like brick and provides parking at a ratio of 4.5 spots per 1000 square feet. It is suitable for various uses, including fast food, bakery, dentist, sports doctor, physiotherapist, beauty salon, barber shop, professional office, and physician office.
Key Highlights
- Brand new building in shell condition, allowing for customized build‑out.
- Located on high‑traffic Highway 377 in rapidly growing Aubrey, TX.
- High visibility location near Aubrey High School and across from Brockett Elementary.
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 | $37.4k | $24.96 |
| − Vacancy | −$1.9k | −$1.25 |
| EGI | $35.6k | $23.71 |
| − OpEx | −$10.7k | −$7.11 |
| NOI | $24.9k | $16.60 |
1,500 SF · lease $24.96/SF/yr · vacancy 5.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$355.7K
$311.2K – $415.0K
NOI $24,898 @ 7.0% cap · market cap 5.19%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$20.98M
$18.35M – $24.47M
NOI $1,468,365 @ 7.0% cap · market cap 305.91%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Amanda And Tulips — 212 Michelle St, Cross Roads, TX 76227
Frequently Asked Questions
What type of property is this?
Storefront property - New 1500 SF commercial suite for sale in Aubrey, TX.
Where is this storefront property located?
The property is located at 501 Pine Ridge Drive #300 Aubrey, TX.
What is the asking price?
The asking price for this property is $480,000.
What are key features of this property?
This property features: Brand new building in shell condition, allowing for customized build‑out.; Located on high‑traffic Highway 377 in rapidly growing Aubrey, TX.; High visibility location near Aubrey High School and across from Brockett Elementary.
