630 S Edmonds Ln - Racquet Sports & Fitness Studio – Fully Permi 1.61 Acres of Commercial Land Offered at $850,000 in Lewisville, TX 75067

PROPERTY DETAILS The approved plans support a 16,000 SF square foot building for Pickleball/Padel/Fitness Club with the following layout: •Parking: 32 •Ceiling Height: 25-29' •Construction Time: 8 month FINANCIAL PERFORMA Total Project Cost: $2,600,000 (includes $850K land, $1.75M construction) Build Cost: $162 per square foot Estimated Market Value (completed): $3,300,000 SBA Financing Structure: •Down Payment (20%): $520,000 •Loan Amount: $2,080,000 •Interest Rate: 6.5% •Monthly Payment: $14,000 Investment Returns (Assuming $16/SF Base Rent): •Annual Rental Income: $256,000 •Annual Debt Service: $168,000 •Net Annual Cash Flow: $88,000 •CoC Return: 16.9% on $520,000 down payment •Estimated Value at 7% Cap Rate: $3,657,000 SUITABLE FOR TWO BUYER PROFILES Business Owner-Operator: Build and operate your dream racquet sports club, fitness studio, or recreation center. Your $14,000 monthly mortgage is significantly less than market rent of $21,333 ($16/SF), allowing you to build equity while running a profitable business. Real Estate Investor: Build and lease to a pickleball/padel club, martial arts academy, dance studio, or fitness operator. At $16/SF market rent, the property generates $256,000 annual income. After debt service ($168,000), this yields $88,000 net cash flow — a 16.9% cash-on-cash return on your $520,000 investment. At a 7% cap rate, valued at $3.65M. LOCATION ADVANTAGES Lewisville is in the Dallas-Fort Worth Metroplex, 10 minutes from DFW Airport with easy I-35 access. The site sits on Edmonds Lane — the same road as Lewisville High School (0.3 mi), Durham Middle School, and the LISD Learning Center, creating built-in demand for after-school sports, martial arts, and youth programs. The 25-foot clear height suits pickleball, padel, dance, martial arts, or any active recreation concept. Demographics: median age 34.8, $89K median income, active families and professionals. TRANSACTION DETAILS The property qualifies for SBA financing. The seller has completed the entitlement and design phases and is now seeking a buyer to execute the construction and operational phases. Shovel-ready development with all entitlement risk removed. Contact for details.