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    326 Edmonds Ln Lewisville, TX 75067

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    For Sale
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    Modern Office/Medical Condo, 1676 SF

    Property size:
    1,676 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This turnkey 1,676 square foot Class B office/medical condo in Lewisville, Texas, is situated on a 0.039-acre lot (APN 676872). Built in 1987 and completely remodeled, it features a sleek, modern design with dark accents and includes all furniture, technology, and fixtures. The layout is highly functional, encompassing a reception area, waiting room, multiple offices (including a loft area), a six-plus person conference room, and a kitchenette. Currently leased under a triple-net (NNN) agreement with annual 4% rental escalations until 5/31/2027, this property presents a compelling investment opportunity for owner-users or passive investors seeking a 1031 exchange. The NNN expenses are approximately $11.46 per square foot, inclusive of a $479 monthly HOA fee. Its prime location near the intersection of W. Main Street and I-35E offers easy access to Lewisville and surrounding areas, with proximity to schools and numerous amenities. The property is ideal for various uses, including traditional office space, medical offices, and off-site storage. Minimal to no capital improvements are required. This single-unit property offers a rare opportunity in a high-barrier-to-entry market.

    Property Features for 326 Edmonds Ln

    General Information

    Property type
    Medical offices
    Square Feet
    1,676 SF
    Class
    B
    Lot Size
    1,699 SF

    Building Details

    Units
    1

    HighLights

    • NNN Expenses: ~$11.46/SF (includes HOA)
    • $479 monthly HOA dues
    • Minimal to no capital improvements needed
    • 0.039‑acre lot, 1,676 SF building
    Property Profile Location Intelligence

    Current Use by Public Records

    Lewisville Family Dentistry: ... Dentist Dr. Kelly Reed Chiropractor Dr. Randy G. ... Pediatric Dentist lewisville kids dentistry Dentist Kelly Andre Reed Chiropractor

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Lewisville
    County
    Denton
    State
    Texas
    Longitude
    -97.0093676
    Latitude
    33.0444936

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    FAQs

    What type of property is this?
    Medical office - Modern Office/Medical Condo, 1676 SF
    Where is this medical office located?
    The property is located at 326 Edmonds Ln Lewisville, TX.
    What are key features of this property?
    This property features: NNN Expenses: ~$11.46/SF (includes HOA); $479 monthly HOA dues; Minimal to no capital improvements needed
    Request Owner's contact information
    326 Edmonds Ln Lewisville, TX 75067
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    Lewisville, TX 75067
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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
    326 Edmonds Ln Lewisville, TX 75067
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