Flex Space with Fenced
For Sale
Contact for pricing
725 E Jones St, Lewisville, TX 75057
Light Industrial-zoned flex property combining substantial office space with warehouse functionality and secured outdoor storage.
Property Size11,250 SF
Lot Size4.74 Acres
Price / SF$644.44
Days on Market169
Property Features for 725 E Jones St
General Information
Standard status
Active
Size
11,250 SF
Lot size
4.74 Acres
Property subtype
Industrial
Zoning
Light Industrial
Site & Location
Fenced Yard
Yes
Outdoor Storage
Yes
Warehouse & Industrial
Clear Height
20 ft
Office Build-Out
7,500 SF
Drive-In Doors
6
Sprinkler System
Yes
Building Details
Year Built
2000
Units
1
Building Size
11,250 SF
Construction
Steel Frame/Masonry
Listing Agency:
Lee & Associates - Dallas/Fort Worth
(214) 229-0611
Listed By:
Nathan Denton · License #TX 475649
Source:
Crexi
Added: Mar 17
Changed: Aug 30
Last Checked: Aug 30 at 5:12PM
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 Lee & Associates - Dallas/Fort Worth
Investment Insights
Based on property information with market context.
This flex property provides approximately 11,250 total SF, including approximately 7,500 office SF, within a steel frame and masonry building constructed in 2000. The warehouse component offers 18'–20' clear height, five 16' x 14' grade-level doors, and one 16' x 16' grade-level door. The building is sprinklered and includes a covered back porch.
Set on approximately 4.74 acres at 725 E Jones St in Lewisville, Texas, the property is zoned Light Industrial. The site includes fencing, outside storage, and a stabilized yard, creating a practical combination of enclosed flex space and secured exterior operating area.
Set on approximately 4.74 acres at 725 E Jones St in Lewisville, Texas, the property is zoned Light Industrial. The site includes fencing, outside storage, and a stabilized yard, creating a practical combination of enclosed flex space and secured exterior operating area.
Key Highlights
- Approximately 11,250 Total SF, including approximately 7,500 Office SF
- 18'–20' clear height supports warehouse and flex operations
- Five Grade Level Doors (16' x 14') plus 1 Grade Level Door (16' x 16')
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$208,271
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
2.87%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$4,165,420
$4.2M
Cap Rate 7%
$2,975,300
$3.0M
Cap Rate 9%
$2,314,122
$2.3M
Market Conditions
NOI Build-Up for 11,250 SF
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.
Gross rent
$371.3K $33.00/SF
− Vacancy
−$93.6K −$8.32/SF
EGI
$277.7K $24.68/SF
− OpEx
−$69.4K −$6.17/SF
NOI
$208.3K $18.51/SF
Area
Lewisville, TX
Vacancy
25.20%
Lease Rate
$33.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$4,165,420
Cap Rate 7%
$2,975,300
Cap Rate 9%
$2,314,122
Alternative Uses
Best Use
Office B
$2.98M
$2.60M – $3.47M
NOI $208,271 @ 7.0% cap · market cap 2.87%
Second Best
Warehouse
$1.85M
$1.62M – $2.16M
NOI $129,811 @ 7.0% cap · market cap 1.79%
Theoretical Best
Office A
$3.75M
$3.28M – $4.38M
NOI $262,548 @ 7.0% cap · market cap 3.62%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
20 ft
Clear height
6
Drive-in doors
Yes
Sprinkler system
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
334
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 75057, TX
16,001
Population
7,171
Households
2.2
Avg Household Size
31
Median Age
29%
College-Educated
83%
High-School Grad
13.3 sq mi
ZIP Area
1,203
Density / Sq Mi
$76,128
Median Household Income
$43,253
Median Earnings
$1,589
Median Rent
$208,500
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?
Flex space - Light Industrial-zoned flex property combining substantial office space with warehouse functionality and secured outdoor storage.
Where is this flex space located?
The property is located at 725 E Jones St Lewisville, TX.
What is the asking price?
The asking price for this property is $7,250,000.
What are key features of this property?
This property features: Approximately 11,250 Total SF, including approximately 7,500 Office SF; 18'–20' clear height supports warehouse and flex operations; Five Grade Level Doors (16' x 14') plus 1 Grade Level Door (16' x 16')
