Renovated Flex Space in
3910 Frisco Sherman, TX 75090
For Sale
$700,000
Renovated flex space with warehouse and office-showroom areas.
Property Size6,992 SF
Lot Size0.47 Acres
Price / SF$100.11
Days on Market97
Property Features for 3910 Frisco
General Information
Standard status
Active
Size
6,992 SF
Lot size
0.47 Acres
Property subtype
Commercial
Building Details
Year Built
1965
Listing Agency:
Preston Bend Real Estate
(972) 413-0375
Listed By:
Randy Jay · License #611516
(903) 200-9933
Source:
Signaturere
Added: Apr 22
Changed: Jul 10
Last Checked: Jul 26 at 4:40PM
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 Preston Bend Real Estate
Investment Insights
Based on property information with market context.
This facility is situated on 0.47 acres and offers access to the area's primary commercial corridors. The property was renovated in 2022 and provides dock-high, ramp, and grade-level loading options. The warehouse area spans 3,848 square feet and is heated. The office-showroom area covers 3,144 square feet and is fully air-conditioned, providing a balance of workspace and customer-facing space. The total property size is 6,992 square feet.
Key Highlights
- Renovated in 2022
- 3,144 SF air‑conditioned office‑showroom area
- 3,848 SF heated, clear‑span warehouse
Financial Insights For Warehouse
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 | $57.1k | $8.16 |
| − Vacancy | −$5.0k | −$0.72 |
| EGI | $52.0k | $7.44 |
| − OpEx | −$7.8k | −$1.12 |
| NOI | $44.2k | $6.33 |
6,992 SF · lease $8.16/SF/yr · vacancy 8.80% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$631.8K
$552.9K – $737.2K
NOI $44,229 @ 7.0% cap · market cap 6.32%
Second Best
Industrial
$520.3K
$455.3K – $607.1K
NOI $36,424 @ 7.0% cap · market cap 5.20%
Theoretical Best
Hotel Hospitality
$3.59M
$3.14M – $4.18M
NOI $251,083 @ 7.0% cap · market cap 35.87%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Flex space - Renovated flex space with warehouse and office-showroom areas.
Where is this flex space located?
The property is located at 3910 Frisco Sherman, TX.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Renovated in 2022; 3,144 SF air‑conditioned office‑showroom area; 3,848 SF heated, clear‑span warehouse
