Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1051 Flower Mound Road Flower Mound, TX 75028

    View on Map
    Claim this Listing
    New
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    4,604 SF former bank building with drive-thru lanes.

    Type:Retail
    Property size:
    4,604 SF
    Lot size:
    1.35 Acres
    Added:
    Apr 15, 2026
    Days on Market:
    5
    Last Refresh:
    Apr 3 at 4:57 am

    Property Features for 1051 Flower Mound Road

    General Information

    Standard status
    Active
    Size
    4,604 SF
    Lot size
    1.35 Acres
    Property subtype
    Retail

    We can help!

    Listing Contact
    Lauren Aitken Monson

    Listing agent Lauren Aitken Monson

    Listing office

    Listing date Apr 15, 2026

    Source Cbre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Lauren Aitken Monson

    Overview

    Former Bank Building For Rent

    This 4,604 square foot commercial property, formerly a bank building, is available for rent. Situated on a 1.35-acre lot, the property features existing drive-thru lanes and 35 parking spaces. The zoning is PD 78 (R2 - Retail District 2). The surrounding area is characterized by high average household incomes.
    Location Intelligence

    Current Use by Public Records

    Banks

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Flower Mound
    County
    Denton
    State
    Texas
    Longitude
    -97.0444218
    Latitude
    33.0093712

    Nearby Similar for Lease

    • Contact for pricing

      Flower Mound Professional/Medical Office Building

      12,070 SF office building with ample parking and accessibility.
      3605 Yucca Drive, Flower Mound, TX 75028
      View Details
    • Contact for pricing

      Flower Mound Professional Office Building

      Professional/medical office building with ample parking and convenient access.
      3605 Yucca Drive, Flower Mound, TX 75028
      View Details
    • Contact for pricing

      Medical Office Space For Rent

      Medical office space available in Flower Mound, Texas.
      3208 Long Prairie Road, Flower Mound, TX 75022
      View Details
    • $22/mo

      Flower Mound Boutique Office Spaces

      Mediterranean-style office property in Lakeside Business District, Flower Mound.
      1001 Long Prairie Road, Flower Mound, TX 75022
      View Details
    • $38/mo

      Flower Mound Office Suite Available

      Professional office suite for lease in Flower Mound, Texas.
      2041 Morriss Road, Flower Mound, TX 75028
      View Details
    • Sponsored
      Contact for pricing

      TX, Flower Mound - Long Prairie Road

      3921 Long Prairie Rd, Unit 5, Flower Mound, TX 75028
      View Details
    • $30/mo

      Retail/Office Suite in Flower Mound

      Retail or office suite in a service-oriented center.
      3851 Long Prairie Rd, Flower Mound, TX 75028
      View Details
    • $21/mo

      Flower Mound Office Space Available

      Prime office space in Flower Mound with modern finishes.
      4880 Long Prairie Rd, Flower Mound, TX 75028
      View Details
    • $30/mo

      Retail/Office Suite in Flower Mound

      Functional retail/office suite in a stabilized, service-oriented center.
      3851 Long Prairie Rd, Flower Mound, TX 75028
      View Details
    • $21/mo

      Flower Mound Office Space Available

      Prime office space in Flower Mound with modern finishes.
      4880 Long Prairie Rd, Flower Mound, TX 75028
      View Details
    • Contact for pricing

      Premier Office Space Available

      Flexible office space in a thriving commercial hub.
      3101 Churchill Dr, Flower Mound, TX 75022
      View Details
    • Contact for pricing

      Retail Space in Flower Mound

      Retail spaces available in a high-traffic Flower Mound location.
      5810 LONG PRAIRIE ROAD, Flower Mound, TX 75028
      View Details

    FAQs

    What type of property is this?
    Bank - 4,604 SF former bank building with drive-thru lanes.
    Where is this bank located?
    The property is located at 1051 Flower Mound Road Flower Mound, TX.
    What are key features of this property?
    This property features: 4,604 SF former bank building on 1.35 acres; Drive thru lanes in place; 35 parking spaces
    (214) 252-1056
    We can help!
    Listing Contact
    Lauren Aitken Monson
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!