915 Ml St, Unit 923 Lewisville, TX 75057-3172
- Commercial real estate
- 7,500 SF
- 0.34 lot acres
Current Use by Public Records
- Farmers Insurance - Gregory Nicholson / Insurance Agency
- Medicare Plan Lewisville / Health Counselor
Property Details for 915 Ml St
- Year built
- 1986
- Lot size
- 0.34 lot acres
- Property size
- 7,500 SF
- Property type
- Commercial real estate
- APN
- R128414
- APU
- R128414
Description
This exceptional 7,186 square foot Class C office building, located at 915 N Mill St in Lewisville, Texas (zip code 75057), presents a compelling investment opportunity. Built in 1986, the property sits on a 0.25-acre lot and is zoned LC - Local Commercial. The building features four individual office units, offering a diverse tenant base and potential for strong rental income. With an occupancy date of December 16, 2024, this property is ideally positioned for immediate income generation. Its prime location offers convenient access to Old Town Lewisville, Interstate 35E, and State Highway 121, ensuring high visibility and accessibility. The property benefits from significant daily traffic volume on Valley View and N Mill Streets, exceeding 12,500 cars. The building shares a wall with the adjacent property at 913 N Mill St. This value-add opportunity is within minutes of Old Town Lewisville, less than a mile from I-35E, and a short commute to Denton (18 minutes) and DFW International Airport (15 minutes). The asking price for this well-established multi-tenant property is $1,450,000. The net rentable square footage is 7,186 square feet.
Value Estimations
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Lewisville
- County
- Denton
- State
- Texas
- Longitude
- -97.0011
- Latitude
- 33.0575
- CBSA code
- 19100
- CBSA name
- DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA