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Investment Highlights
- Approximately 5,500 SF of updated interior space
- Large event space currently rented throughout most of the week
- Existing event-space rental activity provides potential income to a new owner
Executive Summary
Located at 551 N Valley Parkway in Lewisville, Texas, this approximately 5,500-square-foot updated commercial property offers a versatile combination of event, office, and gathering space. The interior features a large open event room that is currently rented throughout much of the week, multiple private offices, a conference room, reception area, comfortable lounge spaces, a kitchen/break area, and multiple storage rooms that could be adapted for additional meeting or workspace needs. Modern flooring, neutral finishes, and updated lighting create a polished environment throughout. The property also includes a private outdoor courtyard, covered patio, on-site parking, an attractive brick exterior, and prominent monument signage along N Valley Parkway.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
5,622 SF
Building Class
C
Year Built
1997
Price
$1,546,050
Price Per SF
$275
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
5,622 SF
Building FAR
0.15
Lot Size
0.85 AC
Zoning
General Business
Amenities
- Conferencing Facility
- Courtyard
- Signage
- Reception
- Storage Space
- Monument Signage
- Outdoor Seating
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Moderately walkable
60/100
Moderately drivable
70/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | R192974 | Improvements Assessment | $1,395,729 |
| Land Assessment | $259,182 | Total Assessment | $1,654,911 |
Property Taxes
Parcel Number
R192974
Land Assessment
$259,182
Improvements Assessment
$1,395,729
Total Assessment
$1,654,911
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Contact the Sale Advisor
551 N Valley Pky



