Corner Office Condominium
For Sale
$420,000
2785 Rockbrook Drive Unit 201, Lewisville, TX 75067
Corner office unit with four private offices, reception area, eat-in kitchen, and a utility room with sink.
Property Size1,200 SF
Price / SF$350
Days on Market22
Property Features for 2785 Rockbrook Drive Unit 201
General Information
Standard status
Active
Size
1,200 SF
Property subtype
Office
Additional Details
Highway Access
Yes
Office Units
1
Building Details
Year Built
2015
Tenancy
Single
Listing Agency:
Texas Ally Real Estate Group
(214) 454-1991
Listed By:
Nick Mirza · License #0708204
(214) 454-1991
Source:
Xome
Added: Jul 9
Changed: Jul 24
Last Checked: Jul 30 at 4:08AM
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
Investment Insights
Based on property information with market context.
Professionally maintained corner office condominium suite offering a functional layout for professional office use. The space includes four private offices, three with exterior windows, a spacious reception lobby with hardwood floors, an eat-in kitchen, a break room, and one restroom. An additional utility room with a sink supports day-to-day operations.
The suite is located within a fully occupied professional office complex and is currently occupied by an established law office.
Access is convenient to State Highway 121 Sam Rayburn Tollway, with proximity described as minutes from DFW International Airport, supporting easy client and business travel.
The suite is located within a fully occupied professional office complex and is currently occupied by an established law office.
Access is convenient to State Highway 121 Sam Rayburn Tollway, with proximity described as minutes from DFW International Airport, supporting easy client and business travel.
Key Highlights
- 2015‑built corner office condominium with curbs walk and A/C and cooling.
- Interior layout includes four private offices, with three offices featuring exterior windows.
- Reception lobby with hardwood floors, plus an eat‑in kitchen and break room.
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $39.6k | $33.00 |
| − Vacancy | −$10.0k | −$8.32 |
| EGI | $29.6k | $24.68 |
| − OpEx | −$7.4k | −$6.17 |
| NOI | $22.2k | $18.51 |
1,200 SF · lease $33.00/SF/yr · vacancy 25.20% · expense 25.00%
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.
Property Analytics
Current Use
Lease Details
1
Office units
Single-tenant
Tenancy
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Corner office unit with four private offices, reception area, eat-in kitchen, and a utility room with sink.
Where is this office units located?
The property is located at 2785 Rockbrook Drive Unit 201 Lewisville, TX.
What is the asking price?
The asking price for this property is $420,000.
What are key features of this property?
This property features: 2015‑built corner office condominium with curbs walk and A/C and cooling.; Interior layout includes four private offices, with three offices featuring exterior windows.; Reception lobby with hardwood floors, plus an eat‑in kitchen and break room.
