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Two-Story Office Building with Parking
For Sale
$750,000

5013 Colleyville Boulevard, Colleyville, TX 76034

SINGLE_FAMILY - Colleyville, TX

Property Size2,400 SF
Lot Size0.18 Acres
Price / SF$312.50
Days on Market16

Property Features for 5013 Colleyville Boulevard

General Information

Property type Residential
Property subtype Office
Zoning description CC-1
Subdivision Thompson Terraces Sub
Directions See GPS
Standard status Active
APN 03127362
Lot size 0.18 Acres

Taxes and HOA fees

Tax Description THOMPSON TERRACES SUBDIVISION BLOCK 1 LOT 1A
Tax Annual Amount 7891
Legal Description THOMPSON TERRACES SUBDIVISION BLOCK 1 LOT 1A

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Central
Cooling system Central Air, Electric
Water source Public

Building Details

Year built 1985
Floors in Building 2
Number of units 1
Flooring type Tile, Vinyl
Building materials Brick
Roof type Flat
Listing Agency: Milani Properties LLC
Listed By: Lacy Milani-Ingalls · License #0690122
Added: Jul 15 Changed: Jul 27 Last Checked: Jul 30 at 11:06PM
MLS# 21320252

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Two-story office building at 5013 Colleyville Boulevard offering flexible space for an owner user or income-producing tenants. The property includes approximately 1,200 square feet on the downstairs level and approximately 1,200 square feet on the upstairs level.

Visibility is directly on Colleyville Boulevard, with the building positioned directly across from Main Street and the Colleyville Town Square. The site also provides direct access to Highway 26, and features a monument sign along 26.

With two levels of defined space and on-site parking for up to 15 vehicles, the building supports multiple leasing and occupancy configurations for office use.

Key Highlights

  • Two‑story flexible commercial building with 1,200 SF downstairs and 1,200 SF upstairs (2,400 SF total)
  • 15 parking spaces and visibility directly on Colleyville Blvd, with access to SH 26
  • Flat roof and brick construction

Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $73.7k $30.72
− Vacancy −$18.4k −$7.68
EGI $55.3k $23.04
− OpEx −$13.8k −$5.76
NOI $41.5k $17.28
2,400 SF · lease $30.72/SF/yr · vacancy 25.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$592.5K
$518.4K – $691.2K (±1% cap)
NOI $41,472 @ 7.0% cap · market cap 5.53%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$844.3K
$738.7K – $985.0K (±1% cap)
NOI $59,098 @ 7.0% cap · market cap 7.88%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Martin Long Medical ... Medical Clinic Events and Experiences Event Planning All Star Maids ... Hardware & Home Improvement HomeVestors Real Estate Agency TMI Leadership Consulting Consultant

Suggested Use

Top Pick Auto Parts Store Law Firm Grocery & Convenience Store Daycare Center Building Supply Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,248
Businesses Nearby

Demographics for 76034, TX

25,988
Population
9,600
Households
2.7
Avg Household Size
48
Median Age
70%
College-Educated
99%
High-School Grad
13.1 sq mi
ZIP Area
1,984
Density / Sq Mi
$203,157
Median Household Income
$92,142
Median Earnings
$3,194
Median Rent
$717,600
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Two-story office building with 15 parking spaces and visibility on Colleyville Boulevard.
Where is this office units located?
The property is located at 5013 Colleyville Boulevard Colleyville, TX.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Two‑story flexible commercial building with 1,200 SF downstairs and 1,200 SF upstairs (2,400 SF total); 15 parking spaces and visibility directly on Colleyville Blvd, with access to SH 26; Flat roof and brick construction
More about this property
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