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Brick Retail-Office Storefront Building
For Sale
$580,000

708 Cedar Street, Cedar Hill, TX 75104

SINGLE_FAMILY - Cedar Hill, TX

Property Size2,432 SF
Lot Size0.11 Acres
Price / SF$238.49
Days on Market94

Property Features for 708 Cedar Street

General Information

Property type Residential
Property subtype Retail
Zoning description Commercial, office, retail
Parking features On Street
Subdivision K C Div
Lot features Historic District
Directions From HWY 67 take Belt Line West, turn left on S Broad St, turn right on Cedar St.
Standard status Active
APN 160215000003R0000
Lot size 0.11 Acres

Taxes and HOA fees

Tax Description PT LOT 3R ACS 0.0513, KC Division LOT3R.1 ACS 0.06
Tax Annual Amount 4374
Legal Description PT LOT 3R ACS 0.0513, KC Division LOT3R.1 ACS 0.06

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 1967
Floors in Building 1
Number of units 4
Flooring type Laminate
Building materials Brick
Listing Agency: Tero Real Estate
Listed By: Chris Cauda · License #0732537
Added: May 5 Changed: Aug 1 Last Checked: Aug 6 at 6:06AM
MLS# 21170855

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.

708-712 Cedar St is a brick retail-office storefront building in the historic downtown square of Cedar Hill. The building is approximately 2,432 SF and features active leases, along with room to reconfigure space for an owner occupant.

Constructed in 1967, the property is served by public water and public sewer and includes central heating and central air. Parking is available on street, supporting convenient downtown access for customers and employees.

The property’s compact storefront configuration can support multiple operating needs, including retail and office uses, depending on how the interior spaces are arranged.

Key Highlights

  • Approximately 2,432 SF brick retail‑office storefront building
  • Active leases with space that could be arranged for an owner occupant
  • Built in 1967

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 authorities.

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Veterinary Clinic Grocery & Convenience Store Building Supply Catering Service Pet Grooming Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

919
Businesses Nearby
Balanced
Demand for This Use

Demographics for 75104, TX

49,749
Population
17,365
Households
2.9
Avg Household Size
37
Median Age
31%
College-Educated
91%
High-School Grad
36.9 sq mi
ZIP Area
1,348
Density / Sq Mi
$91,147
Median Household Income
$46,579
Median Earnings
$1,886
Median Rent
$274,900
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • My Fab Florals 610 Uptown Blvd #2000, Cedar Hill, TX 75104
  • Jessica's Flowers & Gifts 612 Cedar St, Cedar Hill, TX 75104
  • shopvellanestfloraldesign.com 205 north j elmer weaver fwy, cedar hill, tx 75104

Frequently Asked Questions

What type of property is this?
Storefront property - Brick retail-office building with central heating and central air, built in 1967, with on-street parking.
Where is this storefront property 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: Approximately 2,432 SF brick retail‑office storefront building; Active leases with space that could be arranged for an owner occupant; Built in 1967
More about this property
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