Property profile

609-615 Sh 121st Byp Lewisville, TX 75057

OFF-MARKET
Commercial real estate
Property ID
US83-1930556
66,960 SF 8.69 ac lot Built 2005
Entity Owned 10-yr Hold Free & Clear
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2005
Total area 66,960 SF
Lot 8.69 ac (378,536 SF)
APN R273054
UPID US83-1930556

Cap rate & NOI

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

Location

609-615 Sh 121st Byp Lewisville, TX 75057
Lewisville metro Census 21618 DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$9.89M
Blend (final) Blend
$9.36M

Owner & transaction history

since 2015
6 recorded transactions
2015
Price N/A
2011
Price N/A
2004
$3.0M
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Office building $15.6M +151.7%

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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