Office Condo with Private
For Sale
Contact for pricing
3551 Eldorado Parkway #300, McKinney, TX 75070
Four private offices accompany reception, break room, and a dedicated bathroom in a practical business layout.
Property Size11,989 SF
Price / SF$0.00
Days on Market57
Property Features for 3551 Eldorado Parkway #300
General Information
Standard status
Active
Size
11,989 SF
Property subtype
Office
Building Details
Year Built
2017
Listing Agency:
Golden Realty
(214) 888-3876
Listed By:
Ling Jordan · License #0693195
(972) 815-7644
Source:
Lonestarluxuryrealty
Added: Aug 21
Changed: Sep 14
Last Checked: Oct 14 at 11:42PM
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 Golden Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 11,989-square-foot office condo, built in 2017, provides a defined layout for office operations. The interior includes four private offices, a reception area, a break room, and a private bathroom, creating a combination of individual workrooms and shared support space.
The property is positioned at the intersection of Eldorado Parkway and Hardin Boulevard in McKinney, with direct access to both roads. The Unit 300 address places the office within a recognizable commercial setting for businesses seeking a dedicated office location.
The property is positioned at the intersection of Eldorado Parkway and Hardin Boulevard in McKinney, with direct access to both roads. The Unit 300 address places the office within a recognizable commercial setting for businesses seeking a dedicated office location.
Key Highlights
- 11,989‑square‑foot office condo
- Four private offices
- Reception area, break room, and private bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$154,018
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,080,360
$3.1M
Cap Rate 7%
$2,200,257
$2.2M
Cap Rate 9%
$1,711,311
$1.7M
Market Conditions
NOI Build-Up for 11,989 SF
Gross rent
$263.3K $21.96/SF
− Vacancy
−$57.9K −$4.83/SF
EGI
$205.4K $17.13/SF
− OpEx
−$51.3K −$4.28/SF
NOI
$154.0K $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%
$3,080,360
Cap Rate 7%
$2,200,257
Cap Rate 9%
$1,711,311
Alternative Uses
Best Use
Office B
$2.20M
$1.93M – $2.57M
NOI $154,018 @ 7.0% cap · market cap 733,419.05%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.37M
$2.95M – $3.93M
NOI $235,944 @ 7.0% cap · market cap 1,123,542.86%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
711
Businesses Nearby
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office units - Four private offices accompany reception, break room, and a dedicated bathroom in a practical business layout.
Where is this office units located?
The property is located at 3551 Eldorado Parkway #300 McKinney, TX.
What are key features of this property?
This property features: 11,989‑square‑foot office condo; Four private offices; Reception area, break room, and private bathroom
