McKinney Office/Medical Condominium For
3600 Eldorado Pkwy, McKinney, TX 75072
For Sale
Contact for pricing
Office/medical condominium in a well-located commercial setting in McKinney, TX.
Property Size1,450 SF
Price / SF$310.34
Days on Market277
Property Features for 3600 Eldorado Pkwy
General Information
Standard status
Size
Property subtype
Zoning
Investment Type
Building Details
Year Built
Buildings
Stories
Units
Listing Agency:
Carey Cox Company
Listed By:
Staci Heuvel · License #688838
(214) 697-9247
Source:
Crexi
Added: Feb 4
Changed: Aug 9
Last Checked: Aug 9 at 8:11PM
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 Carey Cox Company
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 office/medical condominium offers an ownership opportunity in McKinney, TX. The property, with ±1,450 square feet, is located near the Eldorado Parkway corridor. The surrounding area includes retail, services, and residential areas. The unit has a functional layout suitable for medical, professional, or specialty office use. Condo ownership in this area is an option for owner-users or investors in a high-demand North Collin County market.
Key Highlights
- ±1,450 SF office/medical condominium for sale.
- Prime location near Eldorado Parkway in McKinney, TX.
- Benefits from strong surrounding retail, services, and residential density.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,792
Cap Rate
4.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$375,840
$375.8K
Cap Rate 7%
$268,457
$268.5K
Cap Rate 9%
$208,800
$208.8K
Market Conditions
NOI Build-Up for 1,450 SF
Gross rent
$34.8K $24.00/SF
− Vacancy
−$3.5K −$2.40/SF
EGI
$31.3K $21.60/SF
− OpEx
−$12.5K −$8.64/SF
NOI
$18.8K $12.96/SF
Area
McKinney, TX
Vacancy
10.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$375,840
Cap Rate 7%
$268,457
Cap Rate 9%
$208,800
Alternative Uses
Best Use
Healthcare Medical
$268.5K
$234.9K – $313.2K
NOI $18,792 @ 7.0% cap · market cap 4.18%
Second Best
Office B
$266.1K
$232.9K – $310.5K
NOI $18,628 @ 7.0% cap · market cap 4.14%
Theoretical Best
Office A
$407.7K
$356.7K – $475.6K
NOI $28,536 @ 7.0% cap · market cap 6.34%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
721
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 75072, TX
55,538
Population
18,618
Households
3
Avg Household Size
38
Median Age
62%
College-Educated
98%
High-School Grad
12.1 sq mi
ZIP Area
4,590
Density / Sq Mi
$155,294
Median Household Income
$74,341
Median Earnings
$2,317
Median Rent
$472,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Medical Office Space in McKinney, TX
Properties on Market for Medical Office Space in McKinney
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- Lake Forest Animal Hospital — 3935 S Lake Forest Dr Suite 100, McKinney, TX 75070
- Highlands-Eldorado Veterinary Hospital — 4201 Highlands Dr, McKinney, TX 75070
- Eldorado Animal Hospital — 3170 Eldorado Pkwy, McKinney, TX 75070
- McKinney Animal Hospital — 4630 Eldorado Pkwy, McKinney, TX 75070
Frequently Asked Questions
What type of property is this?
Medical Office Space - Office/medical condominium in a well-located commercial setting in McKinney, TX.
Where is this medical office space located?
The property is located at 3600 Eldorado Pkwy McKinney, TX.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: ±1,450 SF office/medical condominium for sale.; Prime location near Eldorado Parkway in McKinney, TX.; Benefits from strong surrounding retail, services, and residential density.
