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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

199 Us-175 Hwy Seagoville, TX 75159

1,365 SF 2.82 ac lot Built 2024
Property ID
Property summary
AI-generated overview

This exceptional 1,365 square foot retail space is part of a newly constructed building located at 199 S US-175 Highway Unit 120, Seagoville, TX. Situated on a 2.82-acre lot at the southwest corner of US-75 frontage road and E Malloy Bridge Rd, this property boasts a prominent location with high visibility. The building features an attractive brick and stone facade and extensive landscaping. The space offers a huge open layout, ideal for a variety of uses including neighborhood retail, daycare, medical offices (physician, chiropractor, physical therapist), professional offices, or legal/title companies. Ample parking is available with 69 spaces, providing a generous 8.7 parking spots per 1,000 square feet. The property is part of a larger development with a maximum contiguous size of 8,125 square feet and a minimum divisible size of 1,365 square feet. Benefit from the proximity to the burgeoning Santorini community (a 1,300-home lagoon community by Megatel Homes) and a large mixed-use development directly across the street. Enjoy the convenience of nearby shopping and dining options, including Walmart, McDonald's, Starbucks, and Taco Bell, among other national and local brands. This property presents a unique opportunity for businesses seeking a high-traffic location in a rapidly growing area. The asking price is $409,500. Lease options are also available (see MLS # 20587768).

Property profile
Verified
Property type Retail properties & Spaces
Year built 2024
Total area 1,365 SF
Lot 2.82 ac (122,839 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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