Office Condo with Private
1312 W Exchange Parkway, Allen, TX 75013
For Sale
$524,000
CommercialSale, Allen, TX
Property Size1,230 SF
Lot Size1.62 Acres
Price / SF$426.02
Days on Market100
Property Features for 1312 W Exchange Parkway
General Information
Property type
Property subtype
Zoning description
Parking features
Subdivision
Directions
Standard status
APN
Size
Lot size
Additional Details
Property Use
Taxes and HOA fees
Tax Description
Tax Annual Amount
Legal Description
Utilities
Heating system
Cooling system
Amenities
monument signage
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Listing Agency:
Agency Dallas Park Cities, LLC
(336) 743-0336
Listed By:
Brett Palmer · License TX #0729087
(214) 325-9827
Added: Aug 5
Changed: Nov 10
Last Checked: Nov 12 at 10:06AM
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.
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Investment Insights
Based on property information with market context.
This 1,230-square-foot office condo was built in 2020. Its layout includes a reception area, private offices, conference space, a break area, and a restroom. Interior finishes include carpet and tile, with central heating and central air conditioning.
The property sits at the signalized intersection of Exchange Parkway and Alma Drive in Allen, with access to US-75 and SH-121. The office has two reserved parking spaces and monument signage.
The property sits at the signalized intersection of Exchange Parkway and Alma Drive in Allen, with access to US-75 and SH-121. The office has two reserved parking spaces and monument signage.
Key Highlights
- 1,230‑square‑foot office condo built in 2020
- Layout includes reception, private offices, conference space, break area, and restroom
- Two reserved parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,987
Cap Rate
2.86%
Suggested Prices Based on Cap Rates
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
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 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 2.86%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$326.0K
$285.3K – $380.4K
NOI $22,822 @ 7.0% cap · market cap 4.36%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
261
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
$561,000
Median Home Value
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Market
Average Price Trend$/SF for Office Units in Collin County, TX
Properties on Market for Office Units in Collin County
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - The suite includes reception, conference space, a break area, and a restroom.
Where is this office unit located?
The property is located at 1312 W Exchange Parkway Allen, TX.
What is the asking price?
The asking price for this property is $524,000.
What are key features of this property?
This property features: 1,230‑square‑foot office condo built in 2020; Layout includes reception, private offices, conference space, break area, and restroom; Two reserved parking spaces
