Office Condo Suite
New
For Sale
$1,312,500
1305 Summit View Lane, Celina, TX 75009
SINGLE_FAMILY - Celina, TX
Property Size3,500 SF
Lot Size0.08 Acres
Price / SF$375
Days on Market5
Property Features for 1305 Summit View Lane
General Information
Property type
Residential
Property subtype
Office
Property condition
Under Construction
Zoning description
C-2 Commercial - City of Celina, Medical & Professional Office, Collin County TX
Subdivision
Preston Office Park
Lot features
Interior Lot, Level, Subdivision
Directions
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Standard status
Active
APN
2956435
Lot size
0.08 Acres
Taxes and HOA fees
Tax Description
Lot 1 Blk 1 Preston Office Park Abs 167
Legal Description
Lot 1 Blk 1 Preston Office Park Abs 167
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
2026
Floors in Building
1
Number of units
2
Building materials
Brick, Frame
Roof type
Flat
Listing Agency:
MAXWORTH REAL ESTATE GROUP LLC
(817) 929-9259
Listed By:
Vibhu Rana
(817) 929-9259
Added: Aug 1
Last Checked: Aug 5 at 2:06AM
MLS# 21345534
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.
Last remaining office condo available in Building 8 at Celina Hills Office Park. Suite 110 is approximately 3,500 SF of cold dark shell space, ready for a custom build-out to suit medical, professional office, or other commercial uses. Suite 100 (2,304 SF) has been sold and is currently occupied by a dental practice.
The property is located at 1305 Summit View Lane in Celina, TX. The office condos are supported by established HOA with common area maintenance, parking, and landscaping.
Construction is under way with a planned 2026 completion, built with brick and frame materials and topped with a flat roof. Public water and public sewer service are provided, supporting tenant build-out for a range of office uses.
The property is located at 1305 Summit View Lane in Celina, TX. The office condos are supported by established HOA with common area maintenance, parking, and landscaping.
Construction is under way with a planned 2026 completion, built with brick and frame materials and topped with a flat roof. Public water and public sewer service are provided, supporting tenant build-out for a range of office uses.
Key Highlights
- Last remaining office condo in Building 8 at Celina Hills Office Park
- Suite 110 offers approximately 3,500 SF cold dark shell space for custom build‑out
- Suite 100 (2,304 SF) sold and occupied by a dental practice
Financial Insights For Healthcare Medical
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 | $91.1k | $26.04 |
| − Vacancy | −$10.0k | −$2.86 |
| EGI | $81.1k | $23.18 |
| − OpEx | −$32.4k | −$9.27 |
| NOI | $48.7k | $13.91 |
3,500 SF · lease $26.04/SF/yr · vacancy 11.00% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$695.3K
$608.4K – $811.2K
NOI $48,669 @ 7.0% cap · market cap 3.71%
Second Best
Office B
$634.1K
$554.8K – $739.8K
NOI $44,387 @ 7.0% cap · market cap 3.38%
Theoretical Best
Industrial
$3.48M
$3.04M – $4.06M
NOI $243,447 @ 7.0% cap · market cap 18.55%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Office units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
16
Businesses Nearby
Explore this area
Business Placement
Demographics for 75009, TX
21,276
Population
9,943
Households
2.1
Avg Household Size
34
Median Age
56%
College-Educated
96%
High-School Grad
98.7 sq mi
ZIP Area
216
Density / Sq Mi
$166,064
Median Household Income
$70,683
Median Earnings
$2,134
Median Rent
$471,300
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Under-construction office condo suite offers a cold dark shell ready for a custom professional or medical build-out.
Where is this office units located?
The property is located at 1305 Summit View Lane Celina, TX.
What is the asking price?
The asking price for this property is $1,312,500.
What are key features of this property?
This property features: Last remaining office condo in Building 8 at Celina Hills Office Park; Suite 110 offers approximately 3,500 SF cold dark shell space for custom build‑out; Suite 100 (2,304 SF) sold and occupied by a dental practice
