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Loft-Style Garage Suite
For Sale
$475,000

753 S Railroad Street Unit 202, Lewisville, TX 75057

A gated loft garage suite with a custom mezzanine, epoxy flooring, and climate-controlled wine storage for flexible showroom uses.

Property Size1,602 SF
Price / SF$296.50
Days on Market63

Property Features for 753 S Railroad Street Unit 202

General Information

Standard status Active
Size 1,602 SF
Property subtype Office

Building Details

Year Built 2026
Listing Agency: Phillips Realty Group & Assoc
Listed By: Valerie Dusek
Source: Xome
Added: Jun 1 Changed: Jul 10 Last Checked: Aug 1 at 12:55PM

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 Phillips Realty Group & Assoc

Investment Insights

Based on property information with market context.

This for-sale loft-style garage suite has been fully customized and offers 1,602 square feet of open, versatile space. The floorplan measures 25' x 50' and features soaring ceilings, sleek epoxy flooring, and contemporary industrial design. A custom-built mezzanine expands usable area and supports a true loft feel. Interior finishes include a private lounge with a fireplace, a custom bathroom, and a climate-controlled custom wine cellar.

The suite is located within an exclusive gated development spanning 3.5 acres with just 63 privately owned suites, providing controlled access and a more private ownership environment. The property is engineered to accommodate luxury vehicles and personal collections, with the layout also suited for executive office, showroom, or creative studio use.

Designed around secure storage and elevated amenities, the space supports multiple uses without requiring structural changes. Whether you’re planning an automotive gallery, a dedicated collector workspace, or an executive-style facility, the open-concept configuration and added mezzanine offer practical flexibility while maintaining a polished, finished interior.

Key Highlights

  • Fully customized 1,602 SF loft‑style garage suite with a 25' x 50' floorplan
  • Exclusive gated 3.5‑acre development with 63 privately owned suites
  • Custom‑built mezzanine and soaring ceilings with sleek epoxy flooring

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 $52.9k $33.00
− Vacancy −$13.3k −$8.32
EGI $39.5k $24.68
− OpEx −$9.9k −$6.17
NOI $29.7k $18.51
1,602 SF · lease $33.00/SF/yr · vacancy 25.20% · expense 25.00%

Alternative Uses

Best Use
Office B
$423.7K
$370.7K – $494.3K (±1% cap)
NOI $29,658 @ 7.0% cap · market cap 6.24%
Second Best
Retail
$367.9K
$321.9K – $429.2K (±1% cap)
NOI $25,750 @ 7.0% cap · market cap 5.42%
Theoretical Best
Office A
$534.1K
$467.3K – $623.1K (±1% cap)
NOI $37,387 @ 7.0% cap · market cap 7.87%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Dental Office Parking Lot & Garage Real Estate Agency Law Firm Pharmacy Skin Care Clinic

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

597
Businesses Nearby
Balanced
Demand for This Use

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

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - A gated loft garage suite with a custom mezzanine, epoxy flooring, and climate-controlled wine storage for flexible showroom uses.
Where is this flex space located?
The property is located at 753 S Railroad Street Unit 202 Lewisville, TX.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Fully customized 1,602 SF loft‑style garage suite with a 25' x 50' floorplan; Exclusive gated 3.5‑acre development with 63 privately owned suites; Custom‑built mezzanine and soaring ceilings with sleek epoxy flooring
More about this property
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