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    817 Mill St Lewisville, TX 75057

    Sponsored
    For Lease
    $12 SF/Yr

    35,750 SF Warehouse, 41 Suites

    Lot size:
    35,750 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Lewisville, TX industrial property, located at 817 S. Mill Street, offers 35,750 square feet of versatile warehouse and flex space across 41 suites. Built in 1985, this single-story Class C building sits on a 1.76-acre lot and is zoned for Commercial - Class C Industrial Flexible Usage (APN: 164529). Currently, there are 6,391 square feet of vacant space available for lease. The property boasts 17 parking spaces, providing a parking ratio of approximately 0.048 spaces per square foot. Its convenient location is less than a mile from the historic Old Town Lewisville District, offering excellent access to local amenities and transportation. One immediately available suite totals 2,250 square feet and is priced at $12 per square foot, plus $3 per square foot in NNN expenses. This property presents a compelling opportunity for businesses seeking flexible, well-located industrial space in a thriving Texas market. The property's multiple tenancy structure provides flexibility for various business needs.

    Property Features for 817 Mill St

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    35,750 SF
    Class
    C
    Total Rate
    35750

    Building Details

    Year Built
    1985
    Stories
    1

    Unit(s) available at that property

    Space
    B105
    Size
    2,250 SF
    Rate per SF
    $12

    HighLights

    • Excellent I‑35 & SH 121 access.
    • 90% occupancy with strong tenant retention.
    • Flexible space suitable for various uses.
    • Diverse tenant base.
    Property Profile Location Intelligence

    Current Use by Public Records

    Zen Garden Spa Massage Spa Bitcoin ATM Lewisville ... Crypto Atm U-Haul Neighborhood Dealer Van Rental Agency Mondragon Barber studio Barber Shop Mini market k&j Supermarket

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lewisville
    County
    Denton
    State
    Texas
    Longitude
    -96.993445341194
    Latitude
    33.038304703863

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    FAQs

    What type of property is this?
    Flex space - 35,750 SF Warehouse, 41 Suites
    Where is this flex space located?
    The property is located at 817 Mill St Lewisville, TX.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: Excellent I-35 & SH 121 access.; 90% occupancy with strong tenant retention.; Flexible space suitable for various uses.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    817 Mill St Lewisville, TX 75057
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