End-Cap Medical Office
1400 N Coit Rd, McKinney, TX 75071
For Sale
New
$1,076,475
CommercialSale, McKinney, TX
Property Size2,325 SF
Lot Size0.05 Acres
Price / SF$463
Days on Market2
Property Features for 1400 N Coit Rd
General Information
Property type
Property subtype
Property condition
Zoning description
Subdivision
Directions
Standard status
APN
Size
Lot size
Additional Details
Property Use
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Listing Agency:
Zenappy Realty
Listed By:
Sasidhar Kaligotla · License TX #0749528
(214) 430-2895
Added: Nov 12
Changed: Nov 13
Last Checked: Nov 13 at 11:06PM
MLS# 21434847
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,325-square-foot medical office condominium at 1400 N Coit Road, Suite 2104, was built in 2023. Its professional layout includes a reception area, multiple private offices, a conference room, kitchen, restroom, and storage. Concrete construction, carpet flooring, central heating, and central air conditioning are among the recorded building features.
The property is identified as an end-cap unit at the corner of Alma Road and Collin McKinney Parkway in McKinney. Public water and public sewer serve the property.
The property is identified as an end-cap unit at the corner of Alma Road and Collin McKinney Parkway in McKinney. Public water and public sewer serve the property.
Key Highlights
- 2,325‑square‑foot medical office condominium
- Built in 2023
- End‑cap position at the corner of Alma Road and Collin McKinney Parkway
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,132
Cap Rate
2.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$602,640
$602.6K
Cap Rate 7%
$430,457
$430.5K
Cap Rate 9%
$334,800
$334.8K
Market Conditions
NOI Build-Up for 2,325 SF
Gross rent
$55.8K $24.00/SF
− Vacancy
−$5.6K −$2.40/SF
EGI
$50.2K $21.60/SF
− OpEx
−$20.1K −$8.64/SF
NOI
$30.1K $12.96/SF
Area
McKinney, TX
Vacancy
10.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$602,640
Cap Rate 7%
$430,457
Cap Rate 9%
$334,800
Alternative Uses
Best Use
Healthcare Medical
$430.5K
$376.7K – $502.2K
NOI $30,132 @ 7.0% cap · market cap 2.80%
Second Best
Office B
$426.7K
$373.4K – $497.8K
NOI $29,868 @ 7.0% cap · market cap 2.77%
Theoretical Best
Office A
$653.7K
$572.0K – $762.6K
NOI $45,756 @ 7.0% cap · market cap 4.25%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
1
Office units
Location Intelligence
Trade Area within ½ mile
402
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 75071, TX
64,449
Population
23,861
Households
2.7
Avg Household Size
35
Median Age
51%
College-Educated
94%
High-School Grad
74.1 sq mi
ZIP Area
870
Density / Sq Mi
$132,839
Median Household Income
$63,459
Median Earnings
$2,105
Median Rent
$448,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Medical Office Space in McKinney, TX
Properties on Market for Medical Office Space in McKinney
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- Total Care Animal Hospital — 2120 Richland Blvd #10, Prosper, TX 75078
Frequently Asked Questions
What type of property is this?
Medical Office Space - A medical office suite includes private offices, a conference room, reception, and dedicated support areas.
Where is this medical office space located?
The property is located at 1400 N Coit Rd McKinney, TX.
What is the asking price?
The asking price for this property is $1,076,475.
What are key features of this property?
This property features: 2,325‑square‑foot medical office condominium; Built in 2023; End‑cap position at the corner of Alma Road and Collin McKinney Parkway
