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    Retail-Office Building in Downtown Square Title is generated by Realmo AI

    708 Cedar Street, Cedar Hill, TX 75104

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    For Sale
    $580,000

    Retail-office building with active leases and space that could be arranged for an owner-occupant downtown.

    Type:Commercial
    Property size:
    2,432 SF
    Price / SF:
    $238/SF
    Added:
    Jul 1, 2026
    Days on Market:
    8
    Last Refresh:
    Jul 4 at 2:40 am

    Property Features for 708 Cedar Street

    General Information

    Standard status
    Active
    Size
    2,432 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1967

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    Chris Cauda

    Listing office Tero Real Estate

    Listing date Jul 1, 2026

    Source Cuddrealtyinc

    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 Tero Real Estate

    HighLights

    • Retail‑office building built in 1967
    • Approximately 2,432 SF retail‑office building
    • Has active leases in place
    • Space can be arranged for an owner‑occupant

    Overview

    708-712 Cedar St is a retail-office building positioned in the historic downtown square of Cedar Hill. The property contains approximately 2,432 square feet and is currently under active leases. Its layout supports a combination of retail and office use, and there is also room to reconfigure the space to accommodate an owner-occupant.

    The building’s setting is within the downtown square area, placing it in a central, walkable commercial context tied to the historic core of Cedar Hill. This location is particularly relevant for businesses that benefit from proximity to local retail activity and downtown foot traffic.

    For buyers, the existing leased status can provide near-term occupancy coverage, while the building’s configuration also offers flexibility for an owner-operator who wants to occupy part of the property. The mixed retail-office nature can fit a range of tenant types seeking downtown presence, with the potential to tailor space based on how the owner chooses to utilize the remaining areas.

    Local 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 $60.7k $24.96
    − Vacancy −$3.0k −$1.25
    EGI $57.7k $23.71
    − OpEx −$17.3k −$7.11
    NOI $40.4k $16.60
    2,432 SF · lease $24.96/SF/yr · vacancy 5.00% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $576.7K
    $504.6K – $672.8K (±1% cap)
    NOI $40,367 @ 7.0% cap · market cap 6.96%
    Second Best
    Office B
    $492.5K
    $430.9K – $574.6K (±1% cap)
    NOI $34,474 @ 7.0% cap · market cap 5.94%
    Theoretical Best
    Multifamily LT 5
    $29.15M
    $25.51M – $34.01M (±1% cap)
    NOI $2,040,607 @ 7.0% cap · market cap 351.83%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Veterinary Clinic Grocery & Convenience Store Building Supply Catering Service Pet Grooming Service (Bike/Boat/Book/etc) Store Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Garden Center Wine and Liquor Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cedar Hill
    County
    Dallas
    State
    Texas
    Longitude
    -96.9574755
    Latitude
    32.5885182

    FAQs

    What type of property is this?
    Strip mall - Retail-office building with active leases and space that could be arranged for an owner-occupant downtown.
    Where is this strip mall located?
    The property is located at 708 Cedar Street Cedar Hill, TX.
    What is the asking price?
    The asking price for this property is $580,000.
    What are key features of this property?
    This property features: Retail‑office building built in 1967; Approximately 2,432 SF retail‑office building; Has active leases in place
    More about this property
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