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    614 S Edmonds Ln Lewisville, TX 75067
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    614 S Edmonds Ln Lewisville, TX 75067

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    • Medical Office Space
    For Lease
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    Edmonds Plaza Office Spaces Available For Lease
    Contact for pricing

    Edmonds Plaza Office Spaces Available

    Medical and traditional office spaces for rent in Lewisville, TX.

    614 Edmonds Ln, Lewisville, TX 75067
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    Property ID
    US83-1991803
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Fastest Labs of Lewisville / Drug Testing Service
    • Kate Marie Portraiture / Photography Service / (Bike/Boat/Book/etc) Store
    • Juana Kids Fun Shop / Big Box & Wholesale Store
    • Mottl Jr Steven D Do / Physician
    • Sarah C. Canales, CNS / Physician

    Property Details for 614 S Edmonds Ln

    Year built
    1985
    Property type
    Medical Office Space
    Property subtype
    Retail properties & Spaces

    Description

    Edmonds Plaza offers medical and traditional office spaces of all sizes. This is a central DFW location with easy access to I-35. Small and large offices available! Call Broker today for more details!

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Lewisville
    County
    Denton
    State
    Texas
    Longitude
    -97.0105584
    Latitude
    33.0417542

    Comparable in this City

    • $23 SF/Yr
      15,275 SF

      Vista Ridge Office Space Available

      Prime Denton County Office Suites
      2585 Macarthur Blvd, Lewisville, TX 75067
      View Details
    • Contact for pricing
      1,862 SF

      Professional Office Space Available

      Second floor office space available for rent.
      190-194 Civic Cir, Lewisville, TX 75067
      View Details
    • $19 SF/Yr
      1,721 SF

      Lewisville Office/Medical Space For Rent

      Office or medical space available for lease in Lewisville.
      1422 W Main St, Lewisville, TX 75067
      View Details
    • Contact for pricing
      1,719 SF

      Retail Space in Lewisville, TX

      Retail property available for lease in Lewisville, Texas.
      420 E Round Grove Rd, Lewisville, TX 75067
      View Details
    • Contact for pricing
      3,000 SF

      Restaurant Space Near LA Fitness

      Second generation restaurant space with fixtures in accessible location.
      775 N Denton Tap Rd, Lewisville, TX 75067
      View Details
    • Contact for pricing
      7,222 SF

      Turn-Key Restaurant on I-35E

      Freestanding restaurant with FF&E and pylon signage available for lease.
      1890 S Stemmons Fwy, Lewisville, TX 75067
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1,676 SF

      Turnkey Lewisville Office Condo

      Modern 1,676 SF office/medical condo for sale.
      326 Edmonds Ln, Lewisville, TX 75067
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    • Contact for pricing
      9,400 SF

      Turnkey Childcare Building in Lewisville

      9,400 SF building on 0.64 acres, multiple uses.
      662 S Edmonds Ln, Lewisville, TX 75067
      View Details
    • $1,100,000
      9,400 SF

      Turnkey Childcare Building in Lewisville

      9,400 SF building on 0.64 acres, multiple uses.
      662 S Edmonds Ln, Lewisville, TX 75067
      View Details
    • $1,500,000
      2.22 Acres

      Luxury Office Condos in Lewisville

      Boutique office condos in a rapidly evolving mixed-use corridor.
      I-35 E Dr, Lewisville, TX 75067
      View Details
    • Contact for pricing
      1,560 SF

      Turn-Key Office Suite For Sale

      High-visibility office suite near Hwy 121 and I-35.
      2681 Macarthur Blvd, Lewisville, TX 75067
      View Details
    • Contact for pricing
      1,560 SF

      Turn-Key Office Suite For Sale

      High-visibility office suite near Hwy 121 and I-35.
      2681 Macarthur Blvd, Lewisville, TX 75067
      View Details

    Similar Nearby for Lease

    • $23 SF/Yr
      15,275 SF

      Vista Ridge Office Space Available

      Prime Denton County Office Suites
      2585 Macarthur Blvd, Lewisville, TX 75067
      View Details
    • Contact for pricing
      1,862 SF

      Professional Office Space Available

      Second floor office space available for rent.
      190-194 Civic Cir, Lewisville, TX 75067
      View Details
    • $19 SF/Yr
      1,721 SF

      Lewisville Office/Medical Space For Rent

      Office or medical space available for lease in Lewisville.
      1422 W Main St, Lewisville, TX 75067
      View Details
    • Contact for pricing
      1,719 SF

      Retail Space in Lewisville, TX

      Retail property available for lease in Lewisville, Texas.
      420 E Round Grove Rd, Lewisville, TX 75067
      View Details
    • Contact for pricing
      3,000 SF

      Restaurant Space Near LA Fitness

      Second generation restaurant space with fixtures in accessible location.
      775 N Denton Tap Rd, Lewisville, TX 75067
      View Details
    • $7,500 /Mo
      71,830 SF

      Lewisville Retail Space Available

      Restaurant/bar space with patio, high exposure, and ample parking.
      301 W Round Grove Rd, Lewisville, TX 75067
      View Details
    View Listing
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    Lewisville, TX 75067
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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    614 S Edmonds Ln, Lewisville, TX, 75067
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