Office Unit for
For Sale
$419,999
2785 Rockbrook Dr Unit 201, Lewisville, TX 75067
Office unit offered for sale in Lewisville, TX with listed property size of 1,200.
Property Size1,200 SF
Price / SF$349
Days on Market100
Property Features for 2785 Rockbrook Dr Unit 201
General Information
Standard status
Active
Size
1,200 SF
Building Details
Year Built
2015
Listing Agency:
Texas Ally Real Estate Group
Listed By:
Nick Mirza · License #0708204
(214) 454-1991
Source:
Minteerteam
Added: Jul 13
Changed: Oct 4
Last Checked: Oct 7 at 3:55PM
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 offering presents an office unit for sale at 2785 Rockbrook Drive, Unit 201, in Lewisville, Texas. The property is listed with a total size of 1,200.
The listing provides GPS directions and identifies the county as Denton.
Additional details on the interior layout, building amenities, or condition are not included in the provided information.
The listing provides GPS directions and identifies the county as Denton.
Additional details on the interior layout, building amenities, or condition are not included in the provided information.
Key Highlights
- Office unit for sale in Lewisville, TX
- 1,200 listed property size
- Year built 2015
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.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,147
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Office unit offered for sale in Lewisville, TX with listed property size of 1,200.
Where is this office unit located?
The property is located at 2785 Rockbrook Dr Unit 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: Office unit for sale in Lewisville, TX; 1,200 listed property size; Year built 2015
