Office
For Sale
$529,990
2785 Rockbrook Drive 304, Lewisville, TX 75067
Central air and common additional parking serve this office space in an office park.
Property Size1,450 SF
Price / SF$365.51
Days on Market17
Property Features for 2785 Rockbrook Drive 304
General Information
Standard status
Active
Size
1,450 SF
Zoning
OD - Office District
Net Operating Income
$400,000
Additional Details
Highway Access
Yes
Property Use
Office
Amenities
Central Air
Central
Additional Parking, Common
Building Details
Building Size
1,450 SF
Year Built
2016
Buildings
1
Stories
1
Listing Agency:
My Dream Home Helpers Realty
Listed By:
Anil Gari · License #0611946
(214) 264-2737
Source:
Evrealestate
Added: Oct 14
Changed: Oct 28
Last Checked: Oct 28 at 8:21AM
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.
Suite 304 is an office unit in Building 3 of Vista Ridge Rockbrook Office Park. The building dates to 2016 and has central air, with additional parking available in common areas. The property is zoned OD - Office District.
The office park is southwest of the I-35E and Sam Rayburn Tollway (SH-121) interchange, near the Music City Mall area.
The office park is southwest of the I-35E and Sam Rayburn Tollway (SH-121) interchange, near the Music City Mall area.
Key Highlights
- Office unit in Building 3 of Vista Ridge Rockbrook Office Park
- Built in 2016
- OD - Office District zoning
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
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
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Central air and common additional parking serve this office space in an office 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: Office unit in Building 3 of Vista Ridge Rockbrook Office Park; Built in 2016; OD - Office District zoning
