Property profile

550 S Fm 1138 Nevada, TX 75173

FOR SALE
Other commercial real estate
Property ID
US82-3578863
3,136 SF 1.44 ac lot Built 1974
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Property summary

AI-generated overview

The property is located in Collin County and is housed in a former AT&T microwave equipment center featuring distinctive 24-inch concrete wall construction and 15-foot ceiling heights. The building provides approximately 3,000+ square feet of largely open interior space, with existing plumbing and electrical infrastructure that supports potential construction of a kitchen, bathrooms, and office area. Electrical systems have been configured to accommodate high-capacity power needs, including three Eaton electrical panels (PRL1a) supporting Phase 3 Wire 4, 208Y 120V service. The site includes 1.4 acres of land with fenced parking areas.

Property profile

Verified
Property type Other commercial real estate
Year built 1974
Total area 3,136 SF
Lot 1.44 ac (62,726 SF)
UPID US82-3578863

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

550 S Fm 1138 Nevada, TX 75173
Nevada metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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