Corner Office
For Sale
$419,999
2785 Rockbrook Drive #201 201, Lewisville, TX 75067
Occupied professional office condominium with private offices, reception space, kitchen, break area, and utility room.
Property Size1,200 SF
Price / SF$349
Days on Market49
Property Features for 2785 Rockbrook Drive #201 201
General Information
Standard status
Active
Size
1,200 SF
Listing Agency:
Texas Ally Real Estate Group
(512) 763-2559
Listed By:
Nick Mirza · License #0708204
(214) 454-1991
Source:
Diligentcre
Added: Sep 4
Changed: Oct 10
Last Checked: Oct 20 at 8:32PM
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 Texas Ally Real Estate Group
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,200-square-foot office condominium is positioned in a professional office complex and is currently occupied by a law office. The interior includes four private offices, three with exterior windows, along with a reception lobby finished with hardwood flooring. An eat-in kitchen, break room, restroom, and utility room with a sink add practical support space for office operations.
The property is located on Rockbrook Drive in Lewisville, with access to State Highway 121 Sam Rayburn Tollway and proximity to DFW International Airport. Its corner position and established office setting support a professional business environment. The layout also offers flexibility for future professional office occupancy, subject to applicable requirements.
The property is located on Rockbrook Drive in Lewisville, with access to State Highway 121 Sam Rayburn Tollway and proximity to DFW International Airport. Its corner position and established office setting support a professional business environment. The layout also offers flexibility for future professional office occupancy, subject to applicable requirements.
Key Highlights
- 1,200 SF office condominium at 2785 Rockbrook Drive #201
- Currently occupied by an established law office
- Four private offices, including three with exterior windows
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,216
Cap Rate
5.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$444,320
$444.3K
Cap Rate 7%
$317,371
$317.4K
Cap Rate 9%
$246,844
$246.8K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$39.6K $33.00/SF
− Vacancy
−$10.0K −$8.32/SF
EGI
$29.6K $24.68/SF
− OpEx
−$7.4K −$6.17/SF
NOI
$22.2K $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%
$444,320
Cap Rate 7%
$317,371
Cap Rate 9%
$246,844
Alternative Uses
Best Use
Office B
$317.4K
$277.7K – $370.3K
NOI $22,216 @ 7.0% cap · market cap 5.29%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$400.1K
$350.1K – $466.8K
NOI $28,005 @ 7.0% cap · market cap 6.67%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
111
Businesses Nearby
Explore this area
Business Placement
Demographics for 75067, TX
68,734
Population
28,990
Households
2.4
Avg Household Size
34
Median Age
33%
College-Educated
87%
High-School Grad
13.5 sq mi
ZIP Area
5,091
Density / Sq Mi
$76,630
Median Household Income
$45,448
Median Earnings
$1,506
Median Rent
$321,100
Median Home Value
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Occupied professional office condominium with private offices, reception space, kitchen, break area, and utility room.
Where is this office unit located?
The property is located at 2785 Rockbrook Drive #201 201 Lewisville, TX.
What is the asking price?
The asking price for this property is $419,999.
What are key features of this property?
This property features: 1,200 SF office condominium at 2785 Rockbrook Drive #201; Currently occupied by an established law office; Four private offices, including three with exterior windows
