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    Property profile & analytics

    1865 Mcgee Ln Lewisville, TX 75077

    • Commercial real estate
    • 26,580 SF
    • 2.32 lot acres
    For Lease
    View listing
    $16 SF/Yr
    Value Estimation
    Last Sale
    Jul 14, 2021
    Location Intelligence
    Property ID
    US83-1916867
    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

    • McGee Retail Center / Shopping Mall / Office Space Rental Agency
    • HRVA DBA QUAD MOBILITY / Electronics Accessories Wholesaler
    • Garrett Classics / Used Car Dealer
    • Tex-Line Roofing / Roofing Contractor
    • Sinclair Elderberry & Apothecary / Homeopathic Pharmacy

    Property Details for 1865 Mcgee Ln

    Year built
    2006
    Lot size
    2.32 lot acres
    Property size
    26,580 SF
    Property type
    Commercial real estate
    APN
    R290975
    APU
    R290975

    Description

    This exceptional multi-use commercial property, located at 1865 McGee Lane in Lewisville, Texas, offers a unique investment opportunity. The building, constructed in 2006, boasts a total of 26,580 square feet, encompassing retail, office, and industrial space. Currently, there are 3,600 square feet of vacant space available, including one immediately available storefront unit of 3,200 square feet. The building features a desirable storefront configuration, perfect for a variety of businesses. The high ceilings, measuring 16 feet, provide ample vertical space for creative design and efficient use of the area. Situated in Denton County, with a convenient Lewisville address and zip code 75077, this property benefits from excellent accessibility and visibility. The multiple tenancy structure allows for flexibility and potential for diverse income streams. This property presents a compelling opportunity for businesses seeking a well-maintained, spacious, and strategically located commercial space in a thriving Texas market. The existing infrastructure is ready for immediate occupancy, minimizing upfront investment and maximizing return. The property's size and layout offer significant potential for expansion or adaptation to suit specific business needs.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lewisville
    County
    Denton
    State
    Texas
    Longitude
    -97.0267
    Latitude
    33.0694
    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
    $54,729
    $606,354
    $2,945,926
    $3,552,280
    -
    $606,354
    $2,945,926
    $3,552,280

    Comparable in this City

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      COMMERCIAL (GENERAL) • 0.26 Acres
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    Similar Nearby for Lease

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      Lewisville Multi-Use Commercial Space

      Versatile Storefront, Abundant Space Available
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      Justin Road Office Space for Lease

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    Lewisville, TX 75077
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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
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