Office Condominium with Private
New
For Sale
$500,000
3-3600 Eldorado Pkwy, McKinney, TX 75069
The vacant suite includes a reception foyer, meeting rooms, kitchenette, and private restroom.
Property Size1,450 SF
Price / SF$344.83
Days on Market6
Property Features for 3-3600 Eldorado Pkwy
General Information
Standard status
Active
Size
1,450 SF
Taxes and HOA fees
Annual Taxes
$9,537
Building Details
Owner Occupied
No
Listing Agency:
M&D CRE, LLC
Listed By:
Cody Rollins · License #0821652
(972) 772-6025
Source:
Exprealty
Added: Oct 8
Changed: Oct 11
Last Checked: Oct 13 at 12:07AM
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 M&D CRE, LLC
Investment Insights
Based on property information with market context.
This vacant office condominium at 3600 Eldorado Parkway, Building C, Suite 3, in McKinney is arranged with private offices, a reception foyer, and additional rooms for meetings or other office functions. A kitchenette and private restroom are also included, along with wood-look flooring and recessed lighting.
The suite is offered individually or as a package with Building D, Suite 2, which is marketed separately.
The suite is offered individually or as a package with Building D, Suite 2, which is marketed separately.
Key Highlights
- Private offices and a reception foyer
- Additional rooms for meetings or office functions
- Kitchenette and private restroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,628
Cap Rate
3.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$372,560
$372.6K
Cap Rate 7%
$266,114
$266.1K
Cap Rate 9%
$206,978
$207.0K
Market Conditions
NOI Build-Up for 1,450 SF
Gross rent
$31.8K $21.96/SF
− Vacancy
−$7.0K −$4.83/SF
EGI
$24.8K $17.13/SF
− OpEx
−$6.2K −$4.28/SF
NOI
$18.6K $12.85/SF
Area
McKinney, TX
Vacancy
22.00%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$372,560
Cap Rate 7%
$266,114
Cap Rate 9%
$206,978
Alternative Uses
Best Use
Office B
$266.1K
$232.9K – $310.5K
NOI $18,628 @ 7.0% cap · market cap 3.73%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$407.7K
$356.7K – $475.6K
NOI $28,536 @ 7.0% cap · market cap 5.71%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
409
Businesses Nearby
Explore this area
Business Placement
Demographics for 75069, TX
39,084
Population
16,958
Households
2.3
Avg Household Size
38
Median Age
37%
College-Educated
88%
High-School Grad
33.7 sq mi
ZIP Area
1,160
Density / Sq Mi
$82,804
Median Household Income
$42,816
Median Earnings
$1,530
Median Rent
$413,700
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - The vacant suite includes a reception foyer, meeting rooms, kitchenette, and private restroom.
Where is this office units located?
The property is located at 3-3600 Eldorado Pkwy McKinney, TX.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Private offices and a reception foyer; Additional rooms for meetings or office functions; Kitchenette and private restroom
