Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Flower Mound Office Building Title is generated by Realmo AI

    3200 Long Prairie Rd, Flower Mound, TX

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    One-story office building near Cross Timbers and FM 2499.

    Type:OFFICE
    Property size:
    7,500 SF
    Lot size:
    1.01 Acres
    Added:
    Feb 7, 2023
    Days on Market:
    1217
    Last Refresh:
    Apr 5 at 11:27 pm

    Property Features for 3200 Long Prairie Rd

    General Information

    Standard status
    Active
    Size
    7,500 SF
    Lot size
    1.01 Acres
    Property subtype
    OFFICE

    We can help!

    Listing Contact
    John Withers
    John Withers

    Listing agent John Withers License #557920

    Listing office Stag Commercial

    Listing date Feb 7, 2023

    Source Moodyscre

    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 Stag Commercial

    HighLights

    • Finest Amenities within the Flower Mound/Highland Village Commercial Corridor.
    • Excellent Signage Opportunity on FM 2499/Long Prairie Rd.
    • Ideal for General Office, Medical, or Dental Use.
    • Easy Access to Flower Mound, Lewisville, Highland Village, and Major Roadways.
    • Close Proximity to Presbyterian Hospital of Flower Mound.
    • Easy Commute to Dallas/Ft Worth Airport.

    Overview

    This attractive one-story brick office building is situated near the intersection of Cross Timbers Road and FM 2499. The property is part of a small office park, providing convenient access to Flower Mound, Lewisville, Highland Village, and surrounding communities and roadways. The location benefits from favorable demographics and signage opportunities on FM 2499/Long Prairie Road. It is suitable for general office, medical, or dental practices. Monument and building signage are available. The property is located within the Flower Mound/Highland Village commercial corridor, offering a range of amenities. Commuting to Dallas/Ft Worth Airport is convenient, as is access to executive housing and highly-rated public schools. The building is approximately 1 mile south of the Presbyterian Hospital of Flower Mound in the Riverwalk at Central Park. The property has a size of 7500 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Law Firm Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Flower Mound
    County
    Denton
    State
    Texas
    Longitude
    -97.0702
    Latitude
    33.0288

    Nearby Similar for Sale

    • $3,200,000

      Class B Multi-Tenant Office Building

      Well-positioned Class B office with in-place income and staggered leases, offering lease-up upside in a high-traffic setting.
      3605 Yucca Drive, Flower Mound, TX 75028
      View Details
    • $1,900,000
      5,028 SF

      Garden-Style Office Development

      Well-maintained boutique office complex offering an attractive, campus-style setting near major regional access.
      1001 Long Prairie Road, Flower Mound, TX 75022
      View Details
    • $3,275,000

      Flower Mound Ranch Land

      12.43 acres in Flower Mound with Ag exemption.
      6927 Hawk Road, Flower Mound, TX 75022
      View Details
    • $3,995,000
      14,785 SF

      Modern Office Building For Sale

      Modern office building in Flower Mound with strong tenant mix.
      3360 Long Prairie Road, Flower Mound, TX 75022
      View Details
    • $1,590,000
      5,147 SF

      Flower Mound Office Building Opportunity

      Value-add office building in prime Flower Mound location.
      2321 Olympia Dr, Flower Mound, TX 75028
      View Details
    • $1,590,000
      5,147 SF

      Flower Mound Office Building Opportunity

      Value-add office building in Flower Mound's prime commercial corridor.
      2321 Olympia Dr, Flower Mound, TX 75028
      View Details
    • $2,975,000
      11,024 SF

      Vacant Freestanding ER Facility

      Freestanding emergency center with exam rooms, an operating room, and in-place lab, imaging, and med gas systems.
      4351 Long Prairie Rd, Flower Mound, TX 75028
      View Details
    • $1,590,000
      5,147 SF

      Flower Mound Medical Office Building

      Freestanding medical office building in a desirable Flower Mound location.
      2321 Olympia Drive, Flower Mound, TX 75028
      View Details
    • Contact for pricing
      11,880 SF

      Retail Space in Prime Location

      Retail building in Flower Mound's densely populated area for sale.
      2214 Acropolis Drive, Flower Mound, TX, 75028
      View Details
    • $3,200,000

      Specialty Commercial Property For Sale

      Specialty commercial asset offered for sale in Denton County, available to buyers seeking a tailored property profile.
      3605 Yucca Drive, Flower Mound, TX 75028
      View Details
    • Contact for pricing
      59,504 SF

      New Industrial Buildings in Flower Mound

      Two industrial buildings in a master-planned campus, delivering Q2 2025.
      600 Gerault Road, Flower Mound, TX 75028
      View Details
    • $2,177,700
      9,150 SF

      Spacious Church Property with Expansion

      9,150 SF church with expansion potential on 2-3 acres.
      2120 S Garden Ridge Blvd, Flower Mound, TX 75028
      View Details

    FAQs

    What type of property is this?
    Office building - One-story office building near Cross Timbers and FM 2499.
    Where is this office building located?
    The property is located at 3200 Long Prairie Rd Flower Mound, TX.
    What are key features of this property?
    This property features: Finest Amenities within the Flower Mound/Highland Village Commercial Corridor.; Excellent Signage Opportunity on FM 2499/Long Prairie Rd.; Ideal for General Office, Medical, or Dental Use.
    (940) 390-6235 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing John Withers
    John Withers
    Real Estate License ID: 557920
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    3200 Long Prairie Rd, Flower Mound, TX
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!