Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1515 Us Highway 175 Seagoville, TX 75159

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Prime Seagoville land, two pads, high visibility.

    Property Features for 1515 Us Highway 175

    General Information

    Property type
    Land
    Lot Size
    43,124 SF

    We can help!

    Listing Contact
    Kevin Butkus
    Kevin Butkus

    Listing Agent: Kevin Butkus

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional commercial land offering presents a rare opportunity for investors and developers. Located in the thriving Seagoville area of Dallas County, Texas, this property encompasses two conveniently situated pads, ideal for retail development. The combined acreage totals approximately 1.9968 acres, with Lot 1 measuring 1.01 acres and Lot 2 spanning 0.9868 acres. The address is 1515 N KAUFMAN ST & 1521 N US HWY 175, Seagoville, TX 75159, providing excellent highway visibility and accessibility along N US Highway 175. This strategic location is surrounded by a mix of residential and commercial properties, indicating a robust and expanding market. The property's high visibility and convenient access make it an attractive site for businesses seeking a prominent presence in a rapidly growing area. The two pads offer flexibility for various development plans, catering to a range of retail concepts. This is a remarkable chance to capitalize on the ongoing commercial and residential growth in Seagoville. Broker cooperation is available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Seagoville
    County
    Dallas
    State
    Texas
    Longitude
    -96.557364
    Latitude
    32.653882

    Nearby Similar for Sale

    • $1,999,900
      1,200 SF

      Idyllic Wedding Venue Near Dallas

      19+ acre estate perfect for weddings and events.
      510 W Malloy Bridge Rd, Seagoville, TX 75159
      View Details
    • $409,500
      1,365 SF

      New Retail/Office Building on US-175

      New construction retail/office building for sale in shell condition.
      199 N Us-175, Seagoville, TX 75159
      View Details
    • $700,000
      0.47 Acres

      Seagoville Retail/Automotive Property For Sale

      Fenced lot suitable for car lot or equipment sales.
      1301 N Us Highway 175, Seagoville, TX 75159
      View Details
    • $425,000
      0.18 Acres

      Flex/Office/Industrial Site in Seagoville

      Flex, office, light industrial site suitable for various businesses.
      200 W Malloy Bridge Rd, Seagoville, TX 75159
      View Details
    • $2,437,500
      2.82 Acres

      New Retail/Restaurant Building on US-175

      New construction retail/restaurant building for sale in shell condition.
      199 N Us-175, Seagoville, TX 75159
      View Details
    • $725,000
      20,735 SF

      Seagoville Retail Lot - $725,000

      High-traffic retail lot, ideal for car sales. Owner/user opportunity.
      1301 Us-175 Frontage Rd, Seagoville, TX 75159
      View Details
    • Contact for pricing
      8,125 SF

      Seagoville Retail Space - Hwy 175

      8,125 SF Retail Building, High Visibility
      199 Us Highway 175, Seagoville, TX 75159
      View Details
    • $700,000
      805 SF

      Seagoville Retail Property - Hwy 175

      High-traffic retail space, fenced, 0.48 acres.
      1301 Highway 175, Seagoville, TX 75159
      View Details
    • $469,900
      4,600 SF

      200 Malloy Bridge Rd, Seagoville, TX 75159

      Industrial properties • 4,600 SF
      200 Malloy Bridge Rd, Seagoville, TX 75159
      View Details
    • Contact for pricing
      700 SF

      Auto Salvage Yard & Recycling

      Auto salvage yard and recycling facility with permits on 48.741 acres.
      3808 S Belt Line Rd, Seagoville, TX 75159
      View Details

    FAQs

    What type of property is this?
    Land - Prime Seagoville land, two pads, high visibility.
    Where is this land located?
    The property is located at 1515 Us Highway 175 Seagoville, TX.
    What are key features of this property?
    This property features: Two commercial land pads available in Seagoville, TX.; Lots total approximately 2 acres (1.01 acres and 0.99 acres).; Located at 1515 N Kaufman St & 1521 N US Hwy 175, Seagoville, TX 75159.
    (214) 720-6683 Call to check price and availability
    Request Owner's contact information
    1515 Us Highway 175 Seagoville, TX 75159
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1515 Us Highway 175
    Seagoville, TX 75159
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    1515 Us Highway 175 Seagoville, TX 75159
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Kevin Butkus
    Kevin Butkus
    Real Estate License ID: TX 678298
    (214) 720-6683
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!