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    Furnished Executive Office Suite Title is generated by Realmo AI

    3000 Village Parkway, Highland Village, TX 75077

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    For Sale
    $899,000

    SINGLE_FAMILY - Highland Village, TX

    Type:Office
    Lot size:
    6.16 Acres
    Added:
    May 19, 2026
    Days on Market:
    15
    Last Refresh:
    Jun 2 at 10:06 pm

    Property Features for 3000 Village Parkway

    General Information

    Property type
    Residential
    Property subtype
    Office
    Security features
    Security
    Standard status
    Active
    APN
    R336393
    Lot size
    6.16 Acres

    Taxes and HOA fees

    Tax Description
    MARKETPLACE AT HIGHLAND VILLAGE OFFFICE CONDO
    Tax Annual Amount
    11917

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    2006
    Floors in Building
    1
    Number of units
    1
    Flooring type
    Hardwood, Tile
    Building materials
    StoneVeneer, Stucco
    Roof type
    Composition, Shingle

    We can help!

    Listing Contact
    William Nelson

    Listing agent William Nelson License #0505348

    Listing office Your Home Free LLC Highland Village, TX

    Listing date May 19, 2026

    MLS# 21272592

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Office building constructed in 2006 with central heating and central air
    • Stone veneer and stucco exterior with hardwood and tile flooring
    • Interior features glass partitions, high ceilings, and stone accent walls
    • Includes a large conference room, 4 additional private offices, and a game room with wet bar
    • Built‑in kitchen with electric range, ice maker, and wine fridge
    • Two baths plus a shower, and abundant on‑site parking with strong frontage road exposure

    Overview

    This exceptionally nice executive office suite is built for both privacy and presentation. Interior glass partitions separate offices, while the layout includes a large conference room and four additional private offices. The space also features a full built-in kitchen with electric range, ice maker, and wine fridge, along with two baths plus a shower. Additional highlights include a game room with a wet bar, high ceilings, stone accent walls, and a fireplace, creating a distinctive workplace environment.

    The property offers great frontage road exposure and abundant parking, supporting convenient arrivals for employees and visitors. Furniture is in place for the most part, with Restoration Hardware items included and described as negotiable, offering an operator-ready option for the right tenant.

    With its mix of private offices, meeting space, and entertaining-style amenities, this suite is well suited for professional teams that want a polished, client-facing setting. The established conference room and dedicated office count make it practical for operations that need both collaboration and controlled access, while the substantial on-site parking helps reduce day-to-day friction for staff and guests.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store Auto Repair Shop Dental Office Spa & Massage Center Hotel & Motel Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Highland Village
    County
    Denton
    State
    Texas
    Longitude
    -97.078323
    Latitude
    33.079102

    FAQs

    What type of property is this?
    Office units - An amenity-rich, glass-partitioned office with private rooms, conference space, and hospitality-style common areas.
    Where is this office units located?
    The property is located at 3000 Village Parkway Highland Village, TX.
    What is the asking price?
    The asking price for this property is $899,000.
    What are key features of this property?
    This property features: Office building constructed in 2006 with central heating and central air; Stone veneer and stucco exterior with hardwood and tile flooring; Interior features glass partitions, high ceilings, and stone accent walls
    (972) 317-5900
    We can help!
    Listing Contact
    William Nelson
    Real Estate License ID: 0505348
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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