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Property profile & analytics
OFF-MARKET Estimated value $560,000
Commercial real estate

8704 Ike Byrom Rd Aubrey, TX 76227-3972

3,600 SF 0.71 ac lot Built 2022
Entity Owned 1-yr Hold Free & Clear
Property ID
US83-1704888
Property summary
AI-generated overview

This exceptional 3,600-square-foot Class A flex building, constructed in 2022, is ideally situated in Aubrey, Texas, within the rapidly expanding Hwy 377 Corridor in North-East Denton County. The single-tenant property boasts a 0.7-acre lot and offers a versatile layout perfect for a variety of businesses. The building features 1,612 square feet of high-end office space, complete with epoxy flooring, upgraded lighting and plumbing fixtures, separate restrooms, a large executive office with a private bathroom and electronic lock, a conference room, a built-in kitchen bar, a reception area, two additional spacious offices, and multiple storage closets. Three exterior access doors, each with electronic code locks, and an equipment room enhance security and convenience. The 2,000-square-foot warehouse area includes two 12-foot-high roll-up bay doors with electric openers, washer/dryer hookups, and a large fan. Additional 1600 square feet of storage is located upstairs. A significant advantage is the secure, gated area providing ample parking and outdoor storage, totaling 8,700 square feet of paved space, in addition to 22 parking spaces at the front of the building. The entire property is equipped with security cameras. Multiple uses are permitted, including but not limited to car dealerships, RV rentals, building material sales, showrooms, contractor businesses, firearms and ammunition sales, bakeries, retail, and catering services. Access is convenient via Highway 377 and Ike Byrom Road.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2022
Total area 3,600 SF
Lot 0.71 ac (30,928 SF)
APN R731169
UPID US83-1704888
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
  • Lex's Plumbing Plumbing Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$345k
CAP Approach CAP
$750k
Comparable Approach Comparable
$593k
Blend (final) Blend
$560k
Owner & transaction history
Highland Rose LLC · 1 yrs held
Highland Rose LLC
since 2024
2 recorded transactions
2024
Price N/A
2021
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $535,000 +15.0%
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