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Property profile & analytics

537 Kealy Ave Lewisville, TX 75057

  • Commercial real estate
  • 5,500 SF
  • 0.39 lot acres
Value Estimation
Last Sale
Mar 29, 2022
Location Intelligence
Property ID
US83-1749967
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Old Town Pool and Patio / Swimming Pool Contractor

Property Details for 537 Kealy Ave

Lot size
0.39 lot acres
Property size
5,500 SF
Property type
Commercial real estate
APN
R767324
APU
R767324

Description

This exceptional 5,500 square foot industrial flex space presents a unique investment opportunity in the heart of Old Town Lewisville, Texas. Strategically located on a 0.4-acre corner lot, this property boasts unparalleled visibility and accessibility, situated just blocks from Main Street and benefiting from excellent roadway exposure. The building offers a flexible layout, featuring approximately 2,900 square feet of finished space ideal for offices or open work areas. The remaining area comprises a large garage space with a front garage door, perfectly suited for light industrial, retail, or service-based businesses. This adaptable space allows for build-to-suit options, enabling customization to meet specific business needs, whether it involves adding office areas, HVAC systems, or bespoke finishes. Security is enhanced by a gated parking area accommodating 10-12 vehicles, along with additional secure yard storage space. The property's location within an Opportunity Zone adds significant investment appeal. This prime location offers easy access to the vibrant atmosphere of historic downtown Lewisville, making it an ideal choice for businesses seeking a high-profile presence in a thriving community. The asking price for this exceptional property is $1,500,000.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $325,000
  • CAP approach

    CAP return
    Estimation
    6%
    $470,000
    6.5%
    $470,000
    7%
    $445,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $415,000
    Geo Method
    $415,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $495,000
    Retail
    $505,000
    Mixed-Use
    $465,000
    Hospitality
    $450,000
    Educational
    $500,000
    Residential Income
    $425,000
    Energy
    $505,000
    Income-Based Land
    $375,000
    Food Service
    $410,000

Location Insight

  • Map
  • Local Demand
City
Lewisville
County
Denton
State
Texas
Longitude
-96.9931
Latitude
33.0423
CBSA code
19100
CBSA name
DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$7,905
$251,254
$206,804
$458,058
-
$251,254
$206,804
$458,058
More about this property
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