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Office/Showroom Property with Upscale Finishes

20 Noble Court Heath, TX 75032

20 Noble Court, Heath, TX, 75032

$2,400,000

For Sale

$2,400,000

Office/Showroom with upscale finishes, renovated in 2023, near Presbyterian Hospital.

Property Size9,433 SF

Price / SF$254.43

AddedNov 26, 2025

Days on Market232

Last RefreshJul 16 at 3:28 am

Property Features for 20 Noble Court

General Information

Standard status: Active
Size: 9,433 SF
Property subtype: Office

Building Details

Year Built: 2009

Listing office Lee & Associates - Dallas/Fort Worth

Listing date Nov 26, 2025

Source Lee-associates

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 Lee & Associates - Dallas/Fort Worth

Investment Insights

Based on property information with market context.

This property features approximately 9,433 square feet of office and showroom space with upscale finishes and 10-foot ceilings. Constructed in 2009 and renovated in 2023, it is suitable for single or multi-tenant use. The property is situated on 1.64 acres and includes additional land for further office development. It also features a covered and open patio overlooking a lake. The property is located a short distance from Presbyterian Hospital.

Key Highlights

Renovated in 2023 with upscale finish out
Office/Showroom space with ± 9,433 total SF
Situated on 1.64 acres with additional land for expansion

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$289.8k	$30.72
− Vacancy	−$73.3k	−$7.77
EGI	$216.5k	$22.95
− OpEx	−$54.1k	−$5.74
NOI	$162.4k	$17.21

9,433 SF · lease $30.72/SF/yr · vacancy 25.30% · expense 25.00%

Alternative Uses

Best Use

Office B

$2.32M

$2.03M – $2.71M (±1% cap)

NOI $162,350 @ 7.0% cap · market cap 6.76%

Second Best

Retail

$2.25M

$1.97M – $2.62M (±1% cap)

NOI $157,397 @ 7.0% cap · market cap 6.56%

Theoretical Best

Multifamily LT 5

$118.72M

$103.88M – $138.50M (±1% cap)

NOI $8,310,298 @ 7.0% cap · market cap 346.26%

Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Office buildings

Suggested Use

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For sale
Office buildings
TX
Heath
75032
20 Noble Court

What type of property is this?

Office building - Office/Showroom with upscale finishes, renovated in 2023, near Presbyterian Hospital.

Where is this office building located?

The property is located at 20 Noble Court Heath, TX.

What is the asking price?

The asking price for this property is $2,400,000.

What are key features of this property?

This property features: Renovated in 2023 with upscale finish out; Office/Showroom space with ± 9,433 total SF; Situated on 1.64 acres with additional land for expansion