630 Hembry St Lewisville, TX 75057
- Commercial real estate
- 11,832 SF
- 0.52 lot acres
Current Use by Public Records
- De Bord Assembly Inc / Church
- PMIS (Property Management Inspection Services) / Real Estate Agency / Moving And Storage Service
- SoHa Shave Ice / Ice Cream Shop
- V.G Shop / Manufacturer
- SPW Surfaces / Countertop Store / Bathroom Remodeler
Property Details for 630 Hembry St
- Year built
- 1984
- Lot size
- 0.52 lot acres
- Property size
- 11,832 SF
- Property type
- Commercial real estate
- APN
- R92035
- APU
- R92035
Description
This 700-square-foot flex space, located at 630 Hembry Street, Unit 3, in Lewisville, Texas, 75057, presents a fantastic opportunity for businesses seeking a functional and adaptable workspace. The property is zoned LI (Light Industrial), making it suitable for a variety of uses. The unit is currently vacant and ready for immediate occupancy. While the total building square footage is not currently available, this individual 700-square-foot space offers ample room for operations, storage, or a combination of both. Its flex space designation allows for flexibility in configuration to meet specific business needs. The property's location in Lewisville, Texas provides easy access to major transportation routes, enhancing logistical efficiency for businesses. This is a multi-tenant building, offering a collaborative environment. Interested parties are encouraged to inquire about lease terms and conditions. The property is situated at 33.0411816 latitude and -96.9916431 longitude. This space is ideal for businesses seeking a practical and well-located industrial space in a thriving Texas community.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $465,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $595,000
- 6.5%
- $560,000
- 7%
- $550,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $650,000
- Geo Method
- $580,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $580,000
- Retail
- $675,000
- Mixed-Use
- $645,000
- Hospitality
- $590,000
- Educational
- $600,000
- Residential Income
- $605,000
- Energy
- $625,000
- Income-Based Land
- $575,000
- Food Service
- $555,000
Location Insight
- Map
- Local Demand
- City
- Lewisville
- County
- Denton
- State
- Texas
- Longitude
- -96.9917
- Latitude
- 33.0412
- CBSA code
- 19100
- CBSA name
- DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA