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325 S Cowan Ave 325 S Cowan Ave 11,965 SF Flex Building Lewisville, TX 75057 $2,500,000 ($208.94/SF)

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INVESTMENT HIGHLIGHTS

  • Large Corner Lot in Downtown Lewisville
  • One Block from Medical City Lewisville
  • One Block from Historic Downtown Lewisville

EXECUTIVE SUMMARY

This expansive ± 12,000 SF building offers a flexible layout suitable for a variety of uses, including Single-Family Residential, Multi-Family Residential, Educational, Religious, Retail, Commercial, and Office uses. Situated on ± 1.2 acres, the property features high ceilings, open spaces, multiple offices/classrooms, ample on-site parking. Its prime location in Lewisville ensures excellent visibility and accessibility. With existing infrastructure that supports multiple configurations, this property presents a unique opportunity for investors, developers, and business owners looking to customize a space to fit their needs. The property is one block form Medical City. Currently, Medical office buildings are populating this area. Additionally, the property is one block from the historic Lewisville downtown where multifamily development has been thriving.

TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access

ANNUAL ANNUAL PER SF
Taxes - -
Operating Expenses - -

TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS Under Contract

Price $2,500,000
Price Per SF $208.94
Sale Type Owner User
Sale Condition Redevelopment Project
Property Type
Flex
  • Office Medical
  • General Retail Health Club
  • Office Office Residential
Building Class C
Lot Size 1.20 AC
Rentable Building Area 11,965 SF
No. Stories 1
Year Built 1990
Opportunity Zone Yes
Zoning OTIMU-2-Old Town Mixed-Us - Intended for medium and higher density residential infill development, retail, office and service uses that enhance Lewisville's development.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R90483
Land Assessment
$89,604
Improvements Assessment
$916,816
Total Assessment
$1,006,420
  • Listing ID: 34744068

  • Date on Market: 2/6/2025

  • Last Updated:

  • Address: 325 S Cowan Ave, Lewisville, TX 75057

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