681 McKenzie Street, Lewisville, TX 75057
Church with 1.85 acres of land for development.
- Added:
- Apr 22, 2026
- Days on Market:
- 50
- Last Refresh:
- Apr 22 at 5:22 pm
Property Features for 681 McKenzie Street
General Information
- Standard status
- Active
- Size
- 4,573 SF
- Lot size
- 1.85 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1991
Listing agent George Tak
Listing office Jual Properties, INC.
Listing date Apr 22, 2026
Source Signaturere
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 Jual Properties, INC.
HighLights
- Large 1.85‑acre plot offers development potential and space for outdoor events.
- Main chapel building is 3,673 SF with seating for approximately 120 people.
- City plans to connect McKenzie St to 121 Business, potentially increasing accessibility and value.
- Includes two classrooms totaling approximately 900 SF.
- Features 50 parking spaces.
- Suitable for use as an office.
Overview
Local Financial Insights For Office B
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 | $150.9k | $33.00 |
| − Vacancy | −$38.0k | −$8.32 |
| EGI | $112.9k | $24.68 |
| − OpEx | −$28.2k | −$6.17 |
| NOI | $84.7k | $18.51 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lewisville
- County
- Denton
- State
- Texas
- Longitude
- -96.9881841
- Latitude
- 33.0402427
