Corner Office Unit with
2520 King Arthur Boulevard 210, Lewisville, TX 75056
For Sale
$1,500,000
Second-floor space includes private offices, classrooms, conference rooms, open work areas, and separate men’s and women’s restrooms.
Property Size4,048 SF
Price / SF$370.55
Days on Market15
Property Features for 2520 King Arthur Boulevard 210
General Information
Standard status
Size
Property subtype
Additional Details
Floor
Highway Access
Property Use
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
Coldwell Banker Realty Frisco
Listed By:
Cristina Coles · License #0628110
(972) 292-8859
Source:
Alvarezsignaturegroup
Added: Oct 26
Changed: Nov 7
Last Checked: Nov 8 at 1:31PM
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 Coldwell Banker Realty Frisco
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 second-floor office unit occupies a corner position in a mixed-use office building completed in 2012. Its layout includes private offices, classrooms, conference rooms, and open workspace, along with separate men’s and women’s restrooms. A balcony and expansive windows are additional features.
The property is in the Castle Hills community, with access to SH-121 and I-35. Average household income within one mile exceeds $200,000.
The property is in the Castle Hills community, with access to SH-121 and I-35. Average household income within one mile exceeds $200,000.
Key Highlights
- Second‑floor corner office unit with balcony access
- Layout includes private offices, classrooms, conference rooms, and open workspace
- Separate men’s and women’s restrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$74,941
Cap Rate
5.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,498,820
$1.5M
Cap Rate 7%
$1,070,586
$1.1M
Cap Rate 9%
$832,678
$832.7K
Market Conditions
NOI Build-Up for 4,048 SF
Gross rent
$133.6K $33.00/SF
− Vacancy
−$33.7K −$8.32/SF
EGI
$99.9K $24.68/SF
− OpEx
−$25.0K −$6.17/SF
NOI
$74.9K $18.51/SF
Area
Lewisville, TX
Vacancy
25.20%
Lease Rate
$33.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,498,820
Cap Rate 7%
$1,070,586
Cap Rate 9%
$832,678
Alternative Uses
Best Use
Office B
$1.07M
$936.8K – $1.25M
NOI $74,941 @ 7.0% cap · market cap 5.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.35M
$1.18M – $1.57M
NOI $94,471 @ 7.0% cap · market cap 6.30%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
291
Businesses Nearby
Explore this area
Business Placement
Demographics for 75056, TX
67,570
Population
28,102
Households
2.4
Avg Household Size
36
Median Age
54%
College-Educated
95%
High-School Grad
23.6 sq mi
ZIP Area
2,863
Density / Sq Mi
$116,806
Median Household Income
$64,197
Median Earnings
$1,808
Median Rent
$414,600
Median Home Value
Market
Average Price Trend$/SF for Office Units in Lewisville, TX
Properties on Market for Office Units in Lewisville
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Second-floor space includes private offices, classrooms, conference rooms, open work areas, and separate men’s and women’s restrooms.
Where is this office unit located?
The property is located at 2520 King Arthur Boulevard 210 Lewisville, TX.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Second‑floor corner office unit with balcony access; Layout includes private offices, classrooms, conference rooms, and open workspace; Separate men’s and women’s restrooms
