Flex Space with Private Workshop
753 S Railroad Street #101 101, Lewisville, TX 75057
For Sale
New
$350,000
A gated community offers configurable suites for storage, office use, or workshop space.
Property Size1,250 SF
Price / SF$280
Days on Market7
Property Features for 753 S Railroad Street #101 101
General Information
Standard status
Size
Additional Details
Highway Access
Automotive Uses
Real Estate Included
Property Use
Amenities
Controlled Access
Video Surveillance
Smartphone Enabled Entry
Listing Agency:
Christie's Lone Star
(214) 821-3336
Listed By:
Will Koberg
(678) 477-8995
Source:
Dallashighrisecondo
Added: Nov 4
Last Checked: Nov 8 at 5:11AM
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 Christie's Lone Star
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Located at 753 S Railroad Street in Lewisville, this flex suite measures 25' x 50' and is part of a 63-suite automotive and industrial community spanning 3.5 acres. Owners can tailor the interior to support storage, a workshop, office space, or an entertainment area.
Community security features include controlled entry, video surveillance, and smartphone-enabled access. The property is near I-35E and SH 121, with access to DFW International Airport and the broader Dallas–Fort Worth area.
Community security features include controlled entry, video surveillance, and smartphone-enabled access. The property is near I-35E and SH 121, with access to DFW International Airport and the broader Dallas–Fort Worth area.
Key Highlights
- 25' x 50' suite
- Part of a 63‑suite community on 3.5 acres
- Gated access, video surveillance, and smartphone‑enabled entry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,423
Cap Rate
4.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$288,460
$288.5K
Cap Rate 7%
$206,043
$206.0K
Cap Rate 9%
$160,256
$160.3K
Market Conditions
NOI Build-Up for 1,250 SF
Gross rent
$18.8K $15.00/SF
− Vacancy
−$1.8K −$1.43/SF
EGI
$17.0K $13.58/SF
− OpEx
−$2.5K −$2.04/SF
NOI
$14.4K $11.54/SF
Area
Lewisville, TX
Vacancy
9.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$288,460
Cap Rate 7%
$206,043
Cap Rate 9%
$160,256
Alternative Uses
Best Use
Warehouse
$206.0K
$180.3K – $240.4K
NOI $14,423 @ 7.0% cap · market cap 4.12%
Second Best
Industrial
$169.7K
$148.5K – $198.0K
NOI $11,878 @ 7.0% cap · market cap 3.39%
Theoretical Best
Office A
$416.7K
$364.7K – $486.2K
NOI $29,172 @ 7.0% cap · market cap 8.33%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,006
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
$208,500
Median Home Value
Market
Average Price Trend$/SF for Flex space in Lewisville, TX
Properties on Market for Flex space in Lewisville
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - A gated community offers configurable suites for storage, office use, or workshop space.
Where is this flex space located?
The property is located at 753 S Railroad Street #101 101 Lewisville, TX.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 25' x 50' suite; Part of a 63‑suite community on 3.5 acres; Gated access, video surveillance, and smartphone‑enabled entry
