Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search

    235 S preston Celina, TX 75009

    View on Map
    Claim this Listing
    New
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $7,000 /Mo

    Office - Celina, TX

    Type:Office
    Lot size:
    0.07 Acres
    Added:
    Apr 30, 2026
    Days on Market:
    7
    Last Refresh:
    May 6 at 1:06 pm

    Property Features for 235 S preston

    General Information

    Property type
    Other
    Property subtype
    Office
    Standard status
    Active
    APN
    r1323000a00101
    Lot size
    0.07 Acres

    Utilities

    Heating system
    Electric (Heating)
    Cooling system
    Electric

    Building Details

    Year built
    2025
    Flooring type
    Carpet, Concrete
    Building materials
    Brick
    Roof type
    Flat
    Architectural style
    Other

    We can help!

    Listing Contact
    Terri Macaluso

    Listing agent Terri Macaluso License #0411926

    Listing office Weichert Realtors/Property Partners 2401 Internet Blvd Suite 107, Celina, TX

    Listing date Apr 30, 2026

    MLS# 21255252 Listing URL

    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.

    HighLights

    • New construction, built in 2025
    • Brick construction materials
    • Electric heating
    • Electric cooling
    • Flat roof
    • Carpet and concrete flooring

    Overview

    Office Space in Celina, TX

    This commercial real estate is a specialty property located in Celina, Collin County, Texas. The property has a lot size of 0.0689 acres. The property is available for rent.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Specialty properties

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Celina
    County
    Collin
    State
    Texas
    Longitude
    -96.777691
    Latitude
    33.321876

    Nearby Similar for Lease

    • $12 SF/Yr

      New Commercial Development in Celina

      New commercial development offering industrial, flex, and office spaces.
      Tbd N Louisiana Drive, Celina, TX 75078
      View Details
    • $700/Mo

      Downtown Celina Industrial/Storage Units

      Industrial and storage units for lease in Downtown Celina.
      407 N New Mexico Street, Celina, TX 75009
      View Details
    • $2,949/Mo

      Celina Ranch with Insulated Barn

      6.5-acre Celina ranch with barn, office, and workshop.
      12616 County Road 220, Celina, TX 75009
      View Details
    • $38 SF/Yr

      Medical Office Space For Lease

      2000 SF medical office space available for lease.
      1050 S Preston Road, Celina, TX 75009
      View Details
    • $38 SF/Yr

      Upscale Office Space Available

      Move-in ready office space near Dallas North Tollway.
      1212 S Preston Road, Celina, TX 75009
      View Details
    • $34 SF/Yr

      Retail Space in Historic Downtown

      2000 SF retail space for lease in Celina, TX.
      221 W Pecan Street, Celina, TX 75009
      View Details
    • $38 SF/Yr

      Medical Office Space For Lease

      2000 SF medical office space available for lease.
      1050 S Preston Road, Celina, TX 75009
      View Details
    • $47 SF/Yr

      Retail Space in Growing Community

      Retail, medical, office, restaurant space for lease in Celina.
      1 W Frontier Parkway, Celina, TX 75009
      View Details
    • $4,500/Mo

      Prime Industrial Space For Rent

      Industrial property for rent in a rapidly growing community.
      4022 Prairie Xing, Celina, TX 75009
      View Details
    • $7,500/Mo

      Celina Commercial Property with Warehouse

      Commercial property in Celina featuring office/retail space and a warehouse.
      910 N Preston Road, Celina, TX 75009
      View Details
    • $7,500/Mo

      Celina Commercial Property with Warehouse

      Commercial property featuring a house and a large warehouse.
      910 N Preston Road, Celina, TX 75009
      View Details
    • $700/Mo

      Downtown Celina Industrial/Storage Units

      Industrial and storage units for lease in Downtown Celina.
      407 N New Mexico Street, Celina, TX 75009
      View Details

    FAQs

    What type of property is this?
    Specialty property - Office space available for rent in Celina, Texas.
    Where is this specialty property located?
    The property is located at 235 S preston Celina, TX.
    What is the lease rate?
    The lease rate is $7,000 /Mo.
    What are key features of this property?
    This property features: New construction, built in 2025; Brick construction materials; Electric heating
    (214) 550-2793
    We can help!
    Listing Contact
    Terri Macaluso
    Real Estate License ID: 0411926
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    235 S preston, Celina, TX 75009
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!