This exceptional 5,500 square foot industrial flex space presents a unique investment opportunity in the heart of Old Town Lewisville, Texas. Strategically located on a 0.4-acre corner lot, this property boasts unparalleled visibility and accessibility, situated just blocks from Main Street and benefiting from excellent roadway exposure. The building offers a flexible layout, featuring approximately 2,900 square feet of finished space ideal for offices or open work areas. The remaining area comprises a large garage space with a front garage door, perfectly suited for light industrial, retail, or service-based businesses. This adaptable space allows for build-to-suit options, enabling customization to meet specific business needs, whether it involves adding office areas, HVAC systems, or bespoke finishes. Security is enhanced by a gated parking area accommodating 10-12 vehicles, along with additional secure yard storage space. The property's location within an Opportunity Zone adds significant investment appeal. This prime location offers easy access to the vibrant atmosphere of historic downtown Lewisville, making it an ideal choice for businesses seeking a high-profile presence in a thriving community. The asking price for this exceptional property is $1,500,000.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$1,151,924
Hospitality
$1,055,156
Educational
$877,877
Medical
$908,069
Retail
$1,365,587
Location Insight
City
Lewisville
County
Denton
State
Texas
Latitude
33.0423
Longitude
-96.9931
CBSA code
19100
CBSA name
DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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