Modern Professional Office
New
For Sale
$535,000
1312 W Exchange Parkway, Allen, TX 75013
SINGLE_FAMILY - Allen, TX
Property Size1,230 SF
Lot Size1.62 Acres
Price / SF$434.96
Days on Market2
Property Features for 1312 W Exchange Parkway
General Information
Property type
Residential
Property subtype
Office
Zoning description
Office/Medical/Dental Class B
Parking features
Parking Lot, Assigned
Subdivision
Acadian Office Park At Twin Creeks
Directions
USE GPS
Standard status
Active
APN
R1210500200101
Lot size
1.62 Acres
Taxes and HOA fees
Tax Description
ACADIAN OFFICE PARK AT TWIN CREEKS (CAL), BLD
Tax Annual Amount
9368
Legal Description
ACADIAN OFFICE PARK AT TWIN CREEKS (CAL), BLD
Utilities
Heating system
Central
Cooling system
Central Air
Building Details
Year built
2020
Floors in Building
1
Number of units
1
Flooring type
Carpet, Tile
Building materials
Brick, Plaster, Rock, Stone
Roof type
Metal
Listing Agency:
Compass RE Texas, LLC.
(214) 814-8100
Listed By:
Brett Palmer
(214) 814-8100
Added: Aug 5
Changed: Aug 6
Last Checked: Aug 6 at 4:06PM
MLS# 21350140
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.
This 1,230 SF office condo was built in 2020 and includes a reception area, private offices, conference space, break area, and restroom. Interior finishes include carpet and tile, with central heating and central air. The property is constructed with brick, plaster, rock, and stone materials and has a metal roof. Assigned parking includes two reserved spaces, with additional parking available in the lot.
The office is located at the signalized intersection of Exchange Parkway and Alma Drive in Allen, with access to US-75 and SH-121. Monument signage provides an additional identification feature. The property is positioned within Acadian Office Park at Twin Creeks and is suited to owner-users, professional services, medical, legal, or financial operations.
The office is located at the signalized intersection of Exchange Parkway and Alma Drive in Allen, with access to US-75 and SH-121. Monument signage provides an additional identification feature. The property is positioned within Acadian Office Park at Twin Creeks and is suited to owner-users, professional services, medical, legal, or financial operations.
Key Highlights
- 1,230 SF office condo built in 2020
- Reception, private offices, conference space, break area, and restroom
- Two reserved parking spaces plus parking lot access
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$14,987
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
2.80%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$299,740
$299.7K
Cap Rate 7%
$214,100
$214.1K
Cap Rate 9%
$166,522
$166.5K
Market Conditions
NOI Build-Up for 1,230 SF
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.
Gross rent
$26.7K $21.72/SF
− Vacancy
−$6.7K −$5.47/SF
EGI
$20.0K $16.25/SF
− OpEx
−$5.0K −$4.06/SF
NOI
$15.0K $12.18/SF
Area
Allen, TX
Vacancy
25.20%
Lease Rate
$21.72 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$299,740
Cap Rate 7%
$214,100
Cap Rate 9%
$166,522
Alternative Uses
Best Use
Office B
$214.1K
$187.3K – $249.8K
NOI $14,987 @ 7.0% cap · market cap 2.80%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$326.0K
$285.3K – $380.4K
NOI $22,822 @ 7.0% cap · market cap 4.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
423
Businesses Nearby
Explore this area
Business Placement
Demographics for 75013, TX
48,360
Population
18,341
Households
2.6
Avg Household Size
37
Median Age
65%
College-Educated
97%
High-School Grad
15.0 sq mi
ZIP Area
3,224
Density / Sq Mi
$151,618
Median Household Income
$77,367
Median Earnings
$1,810
Median Rent
$561,000
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 - Built in 2020 with reception, private offices, conference space, a break area, restroom, reserved parking, and monument signage.
Where is this office units located?
The property is located at 1312 W Exchange Parkway Allen, TX.
What is the asking price?
The asking price for this property is $535,000.
What are key features of this property?
This property features: 1,230 SF office condo built in 2020; Reception, private offices, conference space, break area, and restroom; Two reserved parking spaces plus parking lot access
