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

    2250-2260 Morriss Rd Flower Mound, TX

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

    Available retail space featuring an open floor plan and windows.

    Type:RETAIL
    Property size:
    1,500 SF
    Lot size:
    5.17 Acres
    Added:
    Nov 28, 2024
    Days on Market:
    513
    Last Refresh:
    Apr 5 at 10:03 pm

    Property Features for 2250-2260 Morriss Rd

    General Information

    Standard status
    Active
    Size
    1,500 SF
    Lot size
    5.17 Acres
    Property subtype
    RETAIL

    Spaces For Lease

    at 2250-2260 Morriss Rd Contact us

    We can help!

    Listing Contact
    Larry Udell Rose Jr
    Larry Udell Rose Jr

    Listing agent Larry Udell Rose Jr License #0460624

    Listing office Stewart-Rose Properties

    Listing date Nov 28, 2024

    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 Stewart-Rose Properties

    Overview

    Retail Space with Open Layout

    This retail space offers 1,500 square feet of available area. The property features an open floor plan and is an end cap location with multiple windows. It is located on Morriss Rd in Flower Mound, TX, and is suitable for small retail businesses.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Flower Mound
    County
    Denton
    State
    Texas
    Longitude
    -97.0473
    Latitude
    33.0161

    Nearby Similar for Lease

    • $9,480/Mo

      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
    • $4,410/Mo

      Flower Mound Professional Office Building

      Professional/medical office building with ample parking and convenient access.
      3605 Yucca Drive, Flower Mound, TX 75028
      View Details
    • $2,554/Mo

      Medical Office Space For Rent

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

      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 SF/Yr

      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 SF/Yr

      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 SF/Yr

      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 SF/Yr

      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 SF/Yr

      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?
    Retail space - Available retail space featuring an open floor plan and windows.
    Where is this retail space located?
    The property is located at 2250-2260 Morriss Rd Flower Mound, TX.
    What are key features of this property?
    This property features: 1,500 SF Available; Perfect small retail space; Open floor plan
    (972) 921-7579 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Larry Udell Rose Jr
    Larry Udell Rose Jr
    Real Estate License ID: 0460624
    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!