Professional Office
New
For Sale
$529,990
2785 Rockbrook Drive #304, Lewisville, TX 75067
Central HVAC and a brick-and-stone exterior serve this office space in a dedicated business park.
Property Size1,450 SF
Price / SF$365.51
Days on Market7
Property Features for 2785 Rockbrook Drive #304
General Information
Standard status
Active
Size
1,450 SF
Property subtype
Office
Additional Details
Highway Access
Yes
Property Use
Office
Building Details
Year Built
2016
Construction
brick and stone
Listing Agency:
My Dream Home Helpers Realty
(214) 264-2737
Listed By:
Anil Gari · License #0611946
Source:
Magnorumrealty
Added: Oct 26
Changed: Oct 28
Last Checked: Nov 1 at 1:26AM
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 My Dream Home Helpers Realty
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 1,450 SF office unit, completed in 2016, is part of Vista Ridge Rockbrook Office Park in Lewisville. The building features a brick-and-stone exterior, and the space is served by central HVAC.
Music City Mall, restaurants, retail centers, and hotels are nearby. The property offers access to I-35E, SH-121, and DFW International Airport.
Music City Mall, restaurants, retail centers, and hotels are nearby. The property offers access to I-35E, SH-121, and DFW International Airport.
Key Highlights
- 1,450 SF office unit
- Built in 2016
- Central HVAC
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,844
Cap Rate
5.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$536,880
$536.9K
Cap Rate 7%
$383,486
$383.5K
Cap Rate 9%
$298,267
$298.3K
Market Conditions
NOI Build-Up for 1,450 SF
Gross rent
$47.9K $33.00/SF
− Vacancy
−$12.1K −$8.32/SF
EGI
$35.8K $24.68/SF
− OpEx
−$8.9K −$6.17/SF
NOI
$26.8K $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%
$536,880
Cap Rate 7%
$383,486
Cap Rate 9%
$298,267
Alternative Uses
Best Use
Office B
$383.5K
$335.6K – $447.4K
NOI $26,844 @ 7.0% cap · market cap 5.07%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$483.4K
$423.0K – $564.0K
NOI $33,840 @ 7.0% cap · market cap 6.39%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
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
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Central HVAC and a brick-and-stone exterior serve this office space in a dedicated business park.
Where is this office unit located?
The property is located at 2785 Rockbrook Drive #304 Lewisville, TX.
What is the asking price?
The asking price for this property is $529,990.
What are key features of this property?
This property features: 1,450 SF office unit; Built in 2016; Central HVAC
