Office Suite for
For Sale
$409,000
2785 Rockbrook Dr Ste 303, Lewisville, TX 75067
For-sale office suite in Suite 303, suited for professional and administrative users.
Property Size1,147 SF
Days on Market108
Property Features for 2785 Rockbrook Dr Ste 303
General Information
Standard status
Active
Size
1,147 SF
Class
B
Property subtype
Office
Building Details
Building Size
1,147 SF
Year Built
2016
Listing Agency:
Axis Realty Group
Listed By:
Chase Traughber · License #0675426
(972) 515-0045
Source:
Axisrealty
Added: Jun 25
Changed: Sep 11
Last Checked: Oct 9 at 6:27PM
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 Axis Realty Group
Investment Insights
Based on property information with market context.
This for-sale office suite is located as Suite 303 at 2785 Rockbrook Dr in Lewisville, Texas. The offering is positioned as dedicated office space within a commercial building, presented for buyers seeking a straightforward, private work environment for their team.
The suite is specifically identified at the street address listed above, making it suitable for owner-occupants and buyers who want a defined unit rather than shared space. The property is offered as a sale transaction with a stated list price of $409,000.
From a tenant- and user-fit perspective, an office suite is typically used for business operations that require a professional setting, private meetings, and an address for clients and internal administration. Buyers evaluating this opportunity can consider it for offices, back-office functions, or other professional services where a defined suite location is beneficial. Because the available information is limited to the suite identification and property type, prospective buyers should confirm all internal layout, finishes, and building and suite operating details during their due diligence.
The suite is specifically identified at the street address listed above, making it suitable for owner-occupants and buyers who want a defined unit rather than shared space. The property is offered as a sale transaction with a stated list price of $409,000.
From a tenant- and user-fit perspective, an office suite is typically used for business operations that require a professional setting, private meetings, and an address for clients and internal administration. Buyers evaluating this opportunity can consider it for offices, back-office functions, or other professional services where a defined suite location is beneficial. Because the available information is limited to the suite identification and property type, prospective buyers should confirm all internal layout, finishes, and building and suite operating details during their due diligence.
Key Highlights
- Office suite in Suite 303, designed for professional and administrative users
- Year built: 2016
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,234
Cap Rate
5.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$424,680
$424.7K
Cap Rate 7%
$303,343
$303.3K
Cap Rate 9%
$235,933
$235.9K
Market Conditions
NOI Build-Up for 1,147 SF
Gross rent
$37.9K $33.00/SF
− Vacancy
−$9.5K −$8.32/SF
EGI
$28.3K $24.68/SF
− OpEx
−$7.1K −$6.17/SF
NOI
$21.2K $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%
$424,680
Cap Rate 7%
$303,343
Cap Rate 9%
$235,933
Alternative Uses
Best Use
Office B
$303.3K
$265.4K – $353.9K
NOI $21,234 @ 7.0% cap · market cap 5.19%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$382.4K
$334.6K – $446.1K
NOI $26,768 @ 7.0% cap · market cap 6.54%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office units - For-sale office suite in Suite 303, suited for professional and administrative users.
Where is this office units located?
The property is located at 2785 Rockbrook Dr Ste 303 Lewisville, TX.
What is the asking price?
The asking price for this property is $409,000.
What are key features of this property?
This property features: Office suite in Suite 303, designed for professional and administrative users; Year built: 2016
