Flex Space Warehouse with
For Sale
$1,690,000
600 N Stemmons Freeway, Lewisville, TX 75067
SINGLE_FAMILY - Lewisville, TX
Property Size7,040 SF
Lot Size0.33 Acres
Price / SF$240.06
Days on Market46
Property Features for 600 N Stemmons Freeway
General Information
Property type
Residential
Property subtype
Retail
Zoning description
GB - General Business
Subdivision
Hivue Add
Directions
Please Follow GPS
Standard status
Active
APN
R16097
Lot size
0.33 Acres
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1999
Floors in Building
1
Number of units
1
Flooring type
Tile, Combination, Vinyl, Concrete
Building materials
AluminumSiding, Concrete, Stucco, WoodSiding
Roof type
Composition
Listing Agency:
KARE Investment Sales & Leasing
(469) 471-6413
Listed By:
Karan Aulakh , CCIM
(469) 471-6413
Added: Jun 20
Changed: Aug 1
Last Checked: Aug 4 at 9:06PM
MLS# 21307881
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.
Flex space warehouse building with approximately 7,040 SF total area, including approximately 2,400 SF of office space. Warehouse features include 20-foot clear heights and a 14' x 12' grade-level roll-up door. The building is served by central heating and central air, with concrete and tile flooring and a composition roof. Construction materials include aluminum siding, concrete, stucco, and wood siding. Built in 1999, the property sits on approximately 0.332 acres.
Located at 600 N Stemmons Freeway in Lewisville, the property is positioned along I-35E (Stemmons Freeway) and offers visibility to approximately 155,939 vehicles per day. The site is zoned GB (General Business) and provides convenient access to major DFW transportation corridors.
Public utilities include public water and public sewer.
Located at 600 N Stemmons Freeway in Lewisville, the property is positioned along I-35E (Stemmons Freeway) and offers visibility to approximately 155,939 vehicles per day. The site is zoned GB (General Business) and provides convenient access to major DFW transportation corridors.
Public utilities include public water and public sewer.
Key Highlights
- Approximately 7,040 SF flex space warehouse with about 2,400 SF office
- 20‑foot clear heights in the warehouse
- 14' x 12' grade‑level roll‑up door
Financial Insights For Warehouse
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 | $105.6k | $15.00 |
| − Vacancy | −$10.0k | −$1.43 |
| EGI | $95.6k | $13.58 |
| − OpEx | −$14.3k | −$2.04 |
| NOI | $81.2k | $11.54 |
7,040 SF · lease $15.00/SF/yr · vacancy 9.50% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.16M
$1.02M – $1.35M
NOI $81,233 @ 7.0% cap · market cap 4.81%
Second Best
Industrial
$955.7K
$836.2K – $1.11M
NOI $66,898 @ 7.0% cap · market cap 3.96%
Theoretical Best
Office A
$2.35M
$2.05M – $2.74M
NOI $164,297 @ 7.0% cap · market cap 9.72%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
20 ft
Clear height
1
Drive-in doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,379
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 75067, TX
68,734
Population
28,990
Households
2.4
Avg Household Size
34
Median Age
33%
College-Educated
87%
High-School Grad
13.5 sq mi
ZIP Area
5,091
Density / Sq Mi
$76,630
Median Household Income
$45,448
Median Earnings
$1,506
Median Rent
$321,100
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Fat Cow BBQ — 850 Valley Ridge Blvd #128, Lewisville, TX 75077
Frequently Asked Questions
What type of property is this?
Flex space - Flex space warehouse with office, 20-foot clear height, and a grade-level roll-up door on 0.332 acres in GB zoning.
Where is this flex space located?
The property is located at 600 N Stemmons Freeway Lewisville, TX.
What is the asking price?
The asking price for this property is $1,690,000.
What are key features of this property?
This property features: Approximately 7,040 SF flex space warehouse with about 2,400 SF office; 20‑foot clear heights in the warehouse; 14' x 12' grade‑level roll‑up door
