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Property profile & analytics
OFF-MARKET
Office Spaces

1850 Lakepointe Dr Lewisville, TX 75057

2 ac lot Built 2001
Entity Owned
Property ID
US83-2109068
Property summary
AI-generated overview

This exceptional investment opportunity presents a fully occupied, single-story medical office building totaling 21,664 net rentable square feet. Located at 1850 Lakepointe Dr, Lewisville, TX 75057, this fee-simple property boasts five units within one building, constructed in 2001 on a 2-acre lot (APN: R237509). The property enjoys a 100% occupancy rate with a weighted average lease term of 6.74 years, providing stable, passive income. Key tenants include SEVA Med Care, North Dallas Eye Associates, Pecan Pharmacy, and Symetria. SEVA Med Care's long-term, net-net-net (NNN) lease enhances the investment's security and cash flow potential. This stabilized investment is strategically situated in the Dallas-Fort Worth metropolitan area, directly off Interstate 35, benefiting from high traffic counts exceeding 200,000 vehicles per day. Its proximity to Lewisville Regional Hospital and Carrollton Regional Medical Center (within 4 miles) further enhances its desirability. The property is located in Lewisville, a major city in Denton County, with a population exceeding 230,000 within a five-mile radius, ensuring a robust and growing market. This presents a unique chance to acquire a thriving medical office building in a prime location within the dynamic Dallas-Fort Worth region.

Property profile
Verified
Property type Office Spaces
Year built 2001
Lot 2 ac (87,120 SF)
UPID US83-2109068
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
Current use
Occupant on record · Public records
  • Allen Wang Ophthalmologist
  • SEVA Med Care - Lewisville Physician
  • Brooks Dain B MD Physician
  • Orthopedic Institute of North Texas (OINT) Lewisville Location Physician
  • Rahel Ghide Physician
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
1850lakepointe LLC
1850lakepointe LLC
since 2026
2 recorded transactions
2026
$5.2M
2024
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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