Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Frisco Office Space For Rent Title is generated by Realmo AI

    1701 Legacy Dr, Frisco, TX

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Office space available in Frisco, Texas, near Highway 121.

    Type:OFFICE
    Property size:
    3,510 SF
    Lot size:
    2.93 Acres
    Added:
    Jan 27, 2025
    Days on Market:
    489
    Last Refresh:
    May 20 at 9:19 pm

    Property Features for 1701 Legacy Dr

    General Information

    Standard status
    Active
    Size
    3,510 SF
    Lot size
    2.93 Acres
    Property subtype
    OFFICE

    Spaces For Lease

    at 1701 Legacy Dr Contact us

    We can help!

    Listing Contact
    Mike Huge

    Listing agent Mike Huge

    Listing office Huge Real Estate Advisors

    Listing date Jan 27, 2025

    Source Moodyscre

    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 Huge Real Estate Advisors

    HighLights

    • Convenient access to State Hwy 121 and the Dallas N. Tollway
    • Proximity to dining, shops, and entertainment venues (Nebraska Furniture Mart, Top Golf, Rough Riders, Dallas Cowboys Star)
    • Gated covered parking
    • Nearby Dining
    • Nearby Shops
    • Nearby Entertainment

    Overview

    This office space, encompassing 3,510 square feet, is available for rent. The property benefits from its proximity to State Highway 121 and the Dallas North Tollway, offering convenient access. Situated in an area with various dining, shopping, and entertainment options, it is located near Nebraska Furniture Mart, Top Golf, Rough Riders, and the Dallas Cowboys Star. The property includes gated covered parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    Keel Courtney B ... Dental Office W3Global Employment Agency Hulings Greg S ... Dental Office Farmers Insurance - Brandon ... Insurance Agency Marquis Software Solution (Bike/Boat/Book/etc) Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Frisco
    County
    Collin
    State
    Texas
    Longitude
    -96.8406
    Latitude
    33.093

    Nearby Similar for Lease

    • $2,350/Mo
      887 SF

      New Office Condos in Frisco

      Brand-new office condos in a dynamic Frisco location.
      7700 Preston Road, Frisco, TX 75035
      View Details
    • $2,800/Mo

      Frisco Office Space For Lease

      Office space in the heart of Frisco, close to Preston Mall.
      8668 John Hickman Parkway, Frisco, TX 75034
      View Details
    • $3,000/Mo

      Frisco Office Condo For Rent

      Office condo with high-end finishes, ready for occupancy.
      7000 Parkwood Boulevard, Frisco, TX 75034
      View Details
    • $3,300/Mo

      Frisco Office Space Available

      Well-positioned office space in Frisco's thriving business community.
      400 Stonebrook Parkway, Frisco, TX 75036
      View Details
    • $4,550/Mo

      Frisco Office Condo For Rent

      1,542 SF office condo in prime Frisco location.
      11619 Independence Parkway, Frisco, TX 75035
      View Details
    • $1,050/Mo
      1,187 SF

      Modern Office Condo in Frisco

      Move-in ready office space in a prime Frisco location.
      7846 Preston Road, Frisco, TX 75034
      View Details
    • $6,201/Mo

      Luxurious Office in Prestigious Location

      Prestigious Frisco office space with luxurious interior finishes.
      4433 Punjab Way, Frisco, TX 75033
      View Details
    • $3,000/Mo

      Frisco Office Condo For Rent

      Corner office condo with natural light in Frisco, Texas.
      8668 John Hickman Parkway, Frisco, TX 75034
      View Details
    • $2,995/Mo

      Retail Space in Downtown Frisco

      Corner lot retail space near Main Street in Frisco, TX.
      9021 3rd Street, Frisco, TX 75033
      View Details
    • $995/Mo

      Frisco Office Space Available

      Turnkey office space in a prime Frisco location.
      8765 Stockard Drive, Frisco, TX 75034
      View Details
    • $799/Mo
      350 SF

      Centennial Park Flex Offices

      Adaptable office spaces with modern amenities and convenient location.
      4633 Coit Road, Frisco, TX 75035
      View Details
    • $1,750/Mo

      Downtown Frisco Office Space

      Office space in downtown Frisco with two entrances.
      6726 Main Street, Frisco, TX 75033
      View Details

    FAQs

    What type of property is this?
    Office units - Office space available in Frisco, Texas, near Highway 121.
    Where is this office units located?
    The property is located at 1701 Legacy Dr Frisco, TX.
    What are key features of this property?
    This property features: Convenient access to State Hwy 121 and the Dallas N. Tollway; Proximity to dining, shops, and entertainment venues (Nebraska Furniture Mart, Top Golf, Rough Riders, Dallas Cowboys Star); Gated covered parking
    (469) 759-0212 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Mike Huge
    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

    Thank You for Inquiry
    1701 Legacy Dr, Frisco, TX
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!