Newly Finished Office
New
For Sale
$419,000
870 Hebron Parkway #401, Lewisville, TX 75057
A 2025-built professional workspace offers contemporary finishes in a functional layout.
Property Size1,233 SF
Price / SF$339.82
Days on Market5
Property Features for 870 Hebron Parkway #401
General Information
Standard status
Active
Size
1,233 SF
Property subtype
Commercial
Zoning
Commercial F-4
Additional Details
Highway Access
Yes
Building Details
Building Size
1,233 SF
Year Built
2025
Stories
1
Units
1
Listing Agency:
Beam Real Estate, LLC
(972) 484-6644
Listed By:
Aaryan Kejriwal
(940) 218-7843
Source:
Bourquinrealty
Added: Oct 19
Changed: Oct 22
Last Checked: Oct 22 at 2:22PM
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 Beam Real Estate, LLC
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.
This 1,233-square-foot office suite was built in 2025 and has a newly finished interior with contemporary finishes and a functional layout. The space is located at 870 Hebron Parkway, Suite 401, in Lewisville and is zoned Commercial F-4.
Hebron Parkway provides the setting, with major highways, businesses, restaurants, and residential communities described as accessible from the property.
Hebron Parkway provides the setting, with major highways, businesses, restaurants, and residential communities described as accessible from the property.
Key Highlights
- 1,233‑square‑foot office suite
- Built in 2025
- Commercial F‑4 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,827
Cap Rate
5.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$456,540
$456.5K
Cap Rate 7%
$326,100
$326.1K
Cap Rate 9%
$253,633
$253.6K
Market Conditions
NOI Build-Up for 1,233 SF
Gross rent
$40.7K $33.00/SF
− Vacancy
−$10.3K −$8.32/SF
EGI
$30.4K $24.68/SF
− OpEx
−$7.6K −$6.17/SF
NOI
$22.8K $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 Rate 5%
$456,540
Cap Rate 7%
$326,100
Cap Rate 9%
$253,633
Alternative Uses
Best Use
Office B
$326.1K
$285.3K – $380.5K
NOI $22,827 @ 7.0% cap · market cap 5.45%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$411.1K
$359.7K – $479.6K
NOI $28,775 @ 7.0% cap · market cap 6.87%
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
610
Businesses Nearby
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
Frequently Asked Questions
What type of property is this?
Office unit - A 2025-built professional workspace offers contemporary finishes in a functional layout.
Where is this office unit located?
The property is located at 870 Hebron Parkway #401 Lewisville, TX.
What is the asking price?
The asking price for this property is $419,000.
What are key features of this property?
This property features: 1,233‑square‑foot office suite; Built in 2025; Commercial F‑4 zoning
