Corner Office Unit
2120 Prairie Drive, Prosper, TX 75078
For Sale
$475,000
CommercialSale, Prosper, TX
Property Size1,187 SF
Lot Size0.03 Acres
Price / SF$400.17
Days on Market92
Property Features for 2120 Prairie Drive
General Information
Property type
Property subtype
Property condition
Zoning description
Subdivision
Directions
Standard status
Lot size
Additional Details
Property Use
Condition
Taxes and HOA fees
Tax Description
Legal Description
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:
REKonnection, LLC
(972) 914-0989
Listed By:
Amit Mahadar · License TX #0754810
Added: Aug 13
Changed: Oct 26
Last Checked: Nov 12 at 8:06PM
MLS# 21358530
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.
Office Unit 902 occupies a corner position in Building One at The Offices at Prosper 380. The 1,187-square-foot suite is identified as a 2026 build and includes a reception area, conference room, kitchen, private restroom, and three private offices. Central HVAC, electric service, vinyl flooring, and large windows complete the interior buildout, while brick, stone veneer, stucco, and a composition roof are listed among the building materials and systems.
The property is located at 2120 Prairie Drive in Prosper, with access to the Dallas North Tollway and Highway 380. Professional signage opportunities are available, and the site is served by public water and public sewer. The corner placement, defined office layout, and dedicated meeting and work areas provide a functional setting for a professional office operation.
The property is located at 2120 Prairie Drive in Prosper, with access to the Dallas North Tollway and Highway 380. Professional signage opportunities are available, and the site is served by public water and public sewer. The corner placement, defined office layout, and dedicated meeting and work areas provide a functional setting for a professional office operation.
Key Highlights
- 1,187‑square‑foot office suite in Building One
- Unit 902 features three private offices, a conference room, reception, kitchen, and private restroom
- Corner location with professional signage opportunities
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,053
Cap Rate
3.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$301,060
$301.1K
Cap Rate 7%
$215,043
$215.0K
Cap Rate 9%
$167,256
$167.3K
Market Conditions
NOI Build-Up for 1,187 SF
Gross rent
$26.1K $21.96/SF
− Vacancy
−$6.0K −$5.05/SF
EGI
$20.1K $16.91/SF
− OpEx
−$5.0K −$4.23/SF
NOI
$15.1K $12.68/SF
Area
Collin County, TX
Vacancy
23.00%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$301,060
Cap Rate 7%
$215,043
Cap Rate 9%
$167,256
Alternative Uses
Best Use
Office B
$215.0K
$188.2K – $250.9K
NOI $15,053 @ 7.0% cap · market cap 3.17%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$298.2K
$260.9K – $347.9K
NOI $20,872 @ 7.0% cap · market cap 4.39%
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
143
Businesses Nearby
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Business Placement
Demographics for 75078, TX
38,980
Population
14,409
Households
2.7
Avg Household Size
34
Median Age
63%
College-Educated
97%
High-School Grad
31.6 sq mi
ZIP Area
1,234
Density / Sq Mi
$187,634
Median Household Income
$82,714
Median Earnings
$2,284
Median Rent
$650,600
Median Home Value
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Market
Average Price Trend$/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 - Professional office suite with private offices, conference space, reception, kitchen, and restroom.
Where is this office unit located?
The property is located at 2120 Prairie Drive Prosper, TX.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: 1,187‑square‑foot office suite in Building One; Unit 902 features three private offices, a conference room, reception, kitchen, and private restroom; Corner location with professional signage opportunities
