Updated Multi-Tenant Office
New
For Sale
$4,300,000
515 W Southlake Boulevard, Southlake, TX 76092
CommercialSale, Southlake, TX
Property SizeContact for details
Lot Size2.89 Acres
Days on Market1
Property Features for 515 W Southlake Boulevard
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning description
Neighborhood commercial
Parking features
Parking Lot
Security features
Security
Accessibility
Accessible Approach with Ramp
Subdivision
Shady Oaks
Lot features
Landscaped, Few Trees
Directions
See GPS
Standard status
Active
APN
43053427
Lot size
2.89 Acres
Taxes and HOA fees
Tax Description
SHADY OAKS CONDO UNIT A1 & 62.17% COMMON AREA
Tax Annual Amount
43149
Legal Description
SHADY OAKS CONDO UNIT A1 & 62.17% COMMON AREA
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air, Electric
Water source
Public
Building Details
Year built
2001
Floors in Building
1
Number of units
1
Flooring type
Tile, Vinyl, Engineered
Building materials
Brick, Rock, Stone
Roof type
Composition
Listing Agency:
Milani Properties LLC
(214) 228-7936
Listed By:
Lacy Milani-Ingalls · License #0690122
(817) 416-2700
Added: Sep 4
Last Checked: Sep 4 at 9:06AM
MLS# 21377590
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 one-story office property combines multiple tenant suites with space for an owner-user or an additional occupant. The building includes executive suites, a dedicated owner-user area with floor-to-ceiling glass, a conference room, white oak flooring, and a custom kitchen break room. Recent improvements include a new roof, LED lighting, added sound insulation, and accessible entry with a ramp. Central heating and cooling, public water, public sewer, and a parking lot support daily operations.
The 2.89-acre property is positioned on Southlake Boulevard at a signalized intersection with Shady Oaks and 1709. Monument signage is located at the intersection, while green space extends behind the building. Flexible zoning supports medical and professional office uses. Lease terms include NNN arrangements, executive suites on year-to-year agreements, and terms extending to ten years with renewal options of up to an additional ten years. The current ownership arrangement allows for 5,000 SF of owner-user space or accommodation for another tenant.
The 2.89-acre property is positioned on Southlake Boulevard at a signalized intersection with Shady Oaks and 1709. Monument signage is located at the intersection, while green space extends behind the building. Flexible zoning supports medical and professional office uses. Lease terms include NNN arrangements, executive suites on year-to-year agreements, and terms extending to ten years with renewal options of up to an additional ten years. The current ownership arrangement allows for 5,000 SF of owner-user space or accommodation for another tenant.
Key Highlights
- 2.89‑acre office property on Southlake Boulevard
- One‑story, multi‑tenant building with executive suites and owner‑user space
- Owner‑user configuration includes 5,000 SF of space
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
480
Businesses Nearby
Explore this area
Business Placement
Demographics for 76092, TX
31,924
Population
9,886
Households
3.2
Avg Household Size
42
Median Age
75%
College-Educated
99%
High-School Grad
22.7 sq mi
ZIP Area
1,406
Density / Sq Mi
$250,001
Median Household Income
$123,882
Median Earnings
$3,501
Median Rent
$956,200
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Flexible office property with medical and professional office zoning, monument signage, parking, and a dedicated owner-user suite.
Where is this office building located?
The property is located at 515 W Southlake Boulevard Southlake, TX.
What is the asking price?
The asking price for this property is $4,300,000.
What are key features of this property?
This property features: 2.89‑acre office property on Southlake Boulevard; One‑story, multi‑tenant building with executive suites and owner‑user space; Owner‑user configuration includes 5,000 SF of space
