Furnished Office
New
For Sale
Contact for pricing
1831 W Louisiana Street, McKinney, TX 75069
A furnished professional workspace combines private offices, collaborative areas, and dedicated meeting space.
Property Size2,491 SF
Price / SF$1.96
Days on Market4
Property Features for 1831 W Louisiana Street
General Information
Standard status
Active
Size
2,491 SF
Total Parking Spaces
15
Property subtype
Office
Space & Availability
Condition
Move-in Ready
Furnished
Yes
Site & Location
Highway Access
Yes
Road Access
Yes
Amenities
conference room
kitchenette
copy server room
private restrooms
signage opportunity
Building Details
Year Built
1965
Listing Agency:
SocialLivingRealEstateBoutique
(214) 945-1970
Listed By:
Janet Clark-Sela · License #0476532
(972) 333-3271
Source:
Searsrealty
Added: Nov 1
Changed: Nov 3
Last Checked: Nov 3 at 8:43AM
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 SocialLivingRealEstateBoutique
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Investment Insights
Based on property information with market context.
This 2,491-square-foot office suite was built in 1965 and is furnished. Its layout includes three private offices, a conference room, built-in workstations, open work areas, a kitchenette, a copy and server room, and two private restrooms. The furniture is included, and the property has 11 to 15 designated on-site parking spaces.
The suite is on W Louisiana Street in McKinney, along a thoroughfare connecting Hwy 75 with Downtown McKinney. Signage is available, with restaurants and shops nearby.
The suite is on W Louisiana Street in McKinney, along a thoroughfare connecting Hwy 75 with Downtown McKinney. Signage is available, with restaurants and shops nearby.
Key Highlights
- 2,491 square feet of furnished office space
- Three private offices and a dedicated conference room
- Built‑in workstations and open work areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,001
Suggested Prices Based on Cap Rates
Cap Rate 5%
$640,020
$640.0K
Cap Rate 7%
$457,157
$457.2K
Cap Rate 9%
$355,567
$355.6K
Market Conditions
NOI Build-Up for 2,491 SF
Gross rent
$54.7K $21.96/SF
− Vacancy
−$12.0K −$4.83/SF
EGI
$42.7K $17.13/SF
− OpEx
−$10.7K −$4.28/SF
NOI
$32.0K $12.85/SF
Area
McKinney, TX
Vacancy
22.00%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$640,020
Cap Rate 7%
$457,157
Cap Rate 9%
$355,567
Alternative Uses
Best Use
Office B
$457.2K
$400.0K – $533.4K
NOI $32,001 @ 7.0% cap · market cap 655.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$700.3K
$612.8K – $817.1K
NOI $49,023 @ 7.0% cap · market cap 1,004.78%
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
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
832
Businesses Nearby
Explore this area
Business Placement
Demographics for 75069, TX
39,084
Population
16,958
Households
2.3
Avg Household Size
38
Median Age
37%
College-Educated
88%
High-School Grad
33.7 sq mi
ZIP Area
1,160
Density / Sq Mi
$82,804
Median Household Income
$42,816
Median Earnings
$1,530
Median Rent
$413,700
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - A furnished professional workspace combines private offices, collaborative areas, and dedicated meeting space.
Where is this office unit located?
The property is located at 1831 W Louisiana Street McKinney, TX.
What are key features of this property?
This property features: 2,491 square feet of furnished office space; Three private offices and a dedicated conference room; Built‑in workstations and open work areas
