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Three-Suite Professional Office Building
New
For Sale
$965,500

3440 Eldorado Parkway #2 3 & 4, McKinney, TX 75070

Medical or professional office zoning supports a range of office configurations.

Property Size3,036 SF
Price / SF$318.02
Days on Market5

Property Features for 3440 Eldorado Parkway #2 3 & 4

General Information

Standard status Active
Size 3,036 SF
Property subtype Commercial
Zoning Medical or Professional Office

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Office Units 3

Amenities

security system
water filtration
solar exterior lighting
handicap approved restrooms
state-of-the-art kitchen
hideaway storage room
conference room with custom glass-wood doors
media desk & large monitors

Building Details

Building Size 3,036 SF
Year Built 2012
Stories 1
Units 3
Listing Agency: BOURQUIN REALTY
Listed By: David Bourquin · License #0596715
Source: Bourquinrealty
Added: Oct 19 Changed: Oct 22 Last Checked: Oct 22 at 2:27PM

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 BOURQUIN REALTY

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Investment Insights

Based on property information with market context.

Built in 2012, this 3,036-square-foot office property contains three suites. Interior features include tile flooring, energy-saving windows, sound-absorbing ceiling panels, and built-in speakers. The kitchen is equipped with a dishwasher, oven, induction cooktops, granite counters, custom cabinetry, and a large island; a pantry, utility room, and washer and dryer are also present. Other improvements include a conference room, showroom with media desk and monitors, secure storage, security system, and handicap-approved restrooms. One AC unit was installed in spring 2026, and a second unit is 2–3 years old.

The property is on Eldorado Parkway in McKinney, with access from the parkway. It is positioned within a community of office buildings and is near highways 121 and 75. Zoning is Medical or Professional Office.

Key Highlights

  • Three office suites in a 3,036‑square‑foot building
  • Medical or Professional Office zoning
  • Built in 2012

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$39,002
Cap Rate
4.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$780,040 $780.0K
Cap Rate 7%
$557,171 $557.2K
Cap Rate 9%
$433,356 $433.4K
Market Conditions
NOI Build-Up for 3,036 SF
Gross rent
$66.7K $21.96/SF
− Vacancy
−$14.7K −$4.83/SF
EGI
$52.0K $17.13/SF
− OpEx
−$13.0K −$4.28/SF
NOI
$39.0K $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%
$780,040
Cap Rate 7%
$557,171
Cap Rate 9%
$433,356

Alternative Uses

Best Use
Office B
$557.2K
$487.5K – $650.0K (±1% cap)
NOI $39,002 @ 7.0% cap · market cap 4.04%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$853.5K
$746.9K – $995.8K (±1% cap)
NOI $59,748 @ 7.0% cap · market cap 6.19%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Office buildings

Lease Details

3
Office units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

402
Businesses Nearby

Demographics for 75070, TX

57,712
Population
24,323
Households
2.4
Avg Household Size
34
Median Age
57%
College-Educated
98%
High-School Grad
11.3 sq mi
ZIP Area
5,107
Density / Sq Mi
$106,549
Median Household Income
$65,855
Median Earnings
$1,799
Median Rent
$429,300
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office building - Medical or professional office zoning supports a range of office configurations.
Where is this office building located?
The property is located at 3440 Eldorado Parkway #2 3 & 4 McKinney, TX.
What is the asking price?
The asking price for this property is $965,500.
What are key features of this property?
This property features: Three office suites in a 3,036‑square‑foot building; Medical or Professional Office zoning; Built in 2012
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