Purpose-Built Medical Office
3204 Colorado Boulevard Denton, TX 76210
3204 Colorado Boulevard, Denton, TX, 76210
$799,000
For Sale
$799,000
SINGLE_FAMILY - Denton, TX
Property Size2,788 SF
Lot Size0.92 Acres
Price / SF$286.59
Days on Market88
Property Features for 3204 Colorado Boulevard
General Information
- Property type
- Residential
- Property subtype
- Office
- Standard status
- Active
- APN
- R215452
- Lot size
- 0.92 Acres
Taxes and HOA fees
- Tax Description
- DENTON REGIONAL MEDICAL CENTER PH 2 BLK 2 LOT
- Tax Annual Amount
- 15210
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2000
- Floors in Building
- 1
- Number of units
- 1
- Flooring type
- Vinyl, Tile
- Building materials
- Brick, Block, Cedar, Concrete, Rock, Stone, Stucco
- Roof type
- Metal
Listing Agency
Scott Brown Properties, Inc
(940) 243-7368
Denton, TX
Listed by
Ryan Burks · License #0790768
(940) 243-7653
Added: Apr 24 Checked: Jul 20 at 10:06 am
MLS# 21174988
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.
Investment Insights
Based on property information with market context.
A rare, second-generation purpose-built medical office building for sale at 3204 Colorado Boulevard in Denton, TX. The 2,788-square-foot facility was formerly a urology practice and is laid out for patient flow and clinical functionality, including four exam rooms, two private offices, a consultation room, a waiting area, and a check-in/check-out window. Additional improvements include a nurses station, breakroom, two private restrooms, and multiple storage rooms. HVAC is described as only a few years old, and the building features metal roofing.
The property is located just steps from Medical City Denton and is surrounded by medical and general office activity in Denton’s southern medical district. Dedicated parking totals 19 spaces, supporting everyday access for patients and staff.
With its existing exam-room configuration, reception and administrative areas, and on-site parking, the building can serve as a turnkey option for medical users seeking a functional footprint already designed around patient visits.
The property is located just steps from Medical City Denton and is surrounded by medical and general office activity in Denton’s southern medical district. Dedicated parking totals 19 spaces, supporting everyday access for patients and staff.
With its existing exam-room configuration, reception and administrative areas, and on-site parking, the building can serve as a turnkey option for medical users seeking a functional footprint already designed around patient visits.
Key Highlights
- 2,788 SF purpose‑built medical office formerly a urology practice
- Includes 4 exam rooms, consultation room, nurses station, waiting area, and breakroom
- Two private offices plus a check‑in/check‑out window and multiple storage rooms
Local 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 | $75.3k | $27.00 |
| − Vacancy | −$16.9k | −$6.08 |
| EGI | $58.3k | $20.93 |
| − OpEx | −$14.6k | −$5.23 |
| NOI | $43.8k | $15.69 |
2,788 SF · lease $27.00/SF/yr · vacancy 22.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$625.1K
$546.9K – $729.2K
NOI $43,754 @ 7.0% cap · market cap 5.48%
Second Best
Healthcare Medical
$580.7K
$508.1K – $677.5K
NOI $40,649 @ 7.0% cap · market cap 5.09%
Theoretical Best
Office A
$871.1K
$762.2K – $1.02M
NOI $60,974 @ 7.0% cap · market cap 7.63%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Mc Bride Dan ...
Physician
Dan McBride, MD
Physician
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FAQs
What type of property is this?
Medical Office Space - Former urology practice with four exam rooms, private offices, and 19 dedicated parking spaces in Denton, TX.
Where is this medical office space located?
The property is located at 3204 Colorado Boulevard Denton, TX.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: 2,788 SF purpose‑built medical office formerly a urology practice; Includes 4 exam rooms, consultation room, nurses station, waiting area, and breakroom; Two private offices plus a check‑in/check‑out window and multiple storage rooms
