Class B Office
For Sale
Contact for pricing
3605 Yucca Drive #201, Flower Mound, TX 75028
Class B office building in Flower Mound with proximity to Flower Mound Hospital and convenient access to major roadways.
Property Size12,070 SF
Price / SF$0.00
Days on Market86
Property Features for 3605 Yucca Drive #201
General Information
Standard status
Active
Size
12,070 SF
Class
B
Property subtype
Office
Building Details
Year Built
2005
Listing Agency:
Keller Williams Realty-FM
(972) 874-1905
Listed By:
Ryan Collinsworth · License #0530023
(972) 249-7252
Source:
Lonestarluxuryrealty
Added: Jul 24
Changed: Oct 1
Last Checked: Oct 16 at 8:51AM
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 Keller Williams Realty-FM
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 class B office building offers flexible space for owners and investors, suited for medical or professional office users. The property is positioned in a high-traffic area and within a medical district, supporting a range of workplace needs.
Located at 3605 Yucca Dr in Flower Mound, the building is just half a mile from Flower Mound Hospital. Shopping and restaurants are noted as being within walking distance, and the area provides access to major roadways.
For regional travel, DFW airport is described as less than 20 minutes away, with hotels less than a mile from the property. This combination of healthcare proximity, local amenities, and transportation access supports a practical corporate location.
Located at 3605 Yucca Dr in Flower Mound, the building is just half a mile from Flower Mound Hospital. Shopping and restaurants are noted as being within walking distance, and the area provides access to major roadways.
For regional travel, DFW airport is described as less than 20 minutes away, with hotels less than a mile from the property. This combination of healthcare proximity, local amenities, and transportation access supports a practical corporate location.
Key Highlights
- Class B office building in Flower Mound with Year Built 2005
- Located about 0.5 miles from Flower Mound Hospital
- Offers flexible spaces for owners and investors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$163,336
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,266,720
$3.3M
Cap Rate 7%
$2,333,371
$2.3M
Cap Rate 9%
$1,814,844
$1.8M
Market Conditions
NOI Build-Up for 12,070 SF
Gross rent
$304.2K $25.20/SF
− Vacancy
−$31.9K −$2.65/SF
EGI
$272.2K $22.55/SF
− OpEx
−$108.9K −$9.02/SF
NOI
$163.3K $13.53/SF
Area
Denton County, TX
Vacancy
10.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,266,720
Cap Rate 7%
$2,333,371
Cap Rate 9%
$1,814,844
Alternative Uses
Best Use
Office B
$2.40M
$2.10M – $2.80M
NOI $167,833 @ 7.0% cap · market cap 932,405.56%
Second Best
Healthcare Medical
$2.33M
$2.04M – $2.72M
NOI $163,336 @ 7.0% cap · market cap 907,422.22%
Theoretical Best
Multifamily LT 5
$168.79M
$147.69M – $196.92M
NOI $11,815,441 @ 7.0% cap · market cap 65,641,338.89%
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
1,549
Businesses Nearby
Explore this area
Business Placement
Demographics for 75028, TX
46,830
Population
18,189
Households
2.6
Avg Household Size
40
Median Age
62%
College-Educated
98%
High-School Grad
15.6 sq mi
ZIP Area
3,002
Density / Sq Mi
$147,040
Median Household Income
$72,270
Median Earnings
$2,233
Median Rent
$458,100
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 building - Class B office building in Flower Mound with proximity to Flower Mound Hospital and convenient access to major roadways.
Where is this office building located?
The property is located at 3605 Yucca Drive #201 Flower Mound, TX.
What are key features of this property?
This property features: Class B office building in Flower Mound with Year Built 2005; Located about 0.5 miles from Flower Mound Hospital; Offers flexible spaces for owners and investors
