Four-Office Condominium
New
For Sale
$550,000
400 Stonebrook Parkway #9O4, Frisco, TX 75036
A reception area, open workspace, breakroom, and ADA-compliant restroom support a flexible office layout.
Property Size1,260 SF
Price / SF$436.51
Days on Market4
Property Features for 400 Stonebrook Parkway #9O4
General Information
Standard status
Active
Size
1,260 SF
Property subtype
Commercial
Zoning
R119 Commercial Condominium
Building Details
Building Size
1,260 SF
Year Built
2024
Stories
1
Units
1
Listing Agency:
Beam Real Estate, LLC
(972) 484-6644
Listed By:
Justin Varghese · License #0668071
(214) 466-9922
Source:
Bourquinrealty
Added: Oct 20
Changed: Oct 22
Last Checked: Oct 22 at 2:23PM
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 Beam Real Estate, LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,260-square-foot office condominium, built in 2024, combines a reception area and mostly open workspace with four private offices. The suite also includes a breakroom and an ADA-compliant restroom. Finished ceilings range from 10 to 12 feet, with carpet in the offices, vinyl in the hallway, and tile in the breakroom and restroom.
The property is at 400 Stonebrook Parkway, Suite 9O4, in Frisco. Zoning is identified as R119 Commercial Condominium.
The property is at 400 Stonebrook Parkway, Suite 9O4, in Frisco. Zoning is identified as R119 Commercial Condominium.
Key Highlights
- 1,260‑square‑foot office condominium
- Four private offices plus a reception area and mostly open workspace
- Built in 2024 with finished ceilings from 10' to 12'
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,848
Cap Rate
4.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$516,960
$517.0K
Cap Rate 7%
$369,257
$369.3K
Cap Rate 9%
$287,200
$287.2K
Market Conditions
NOI Build-Up for 1,260 SF
Gross rent
$39.6K $31.44/SF
− Vacancy
−$5.1K −$4.09/SF
EGI
$34.5K $27.35/SF
− OpEx
−$8.6K −$6.84/SF
NOI
$25.8K $20.51/SF
Area
Frisco, TX
Vacancy
13.00%
Lease Rate
$31.44 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$516,960
Cap Rate 7%
$369,257
Cap Rate 9%
$287,200
Alternative Uses
Best Use
Office B
$369.3K
$323.1K – $430.8K
NOI $25,848 @ 7.0% cap · market cap 4.70%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$491.6K
$430.2K – $573.5K
NOI $34,412 @ 7.0% cap · market cap 6.26%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
520
Businesses Nearby
Explore this area
Business Placement
Demographics for 75036, TX
35,148
Population
11,823
Households
3
Avg Household Size
39
Median Age
62%
College-Educated
96%
High-School Grad
10.8 sq mi
ZIP Area
3,254
Density / Sq Mi
$141,761
Median Household Income
$73,125
Median Earnings
$2,238
Median Rent
$500,000
Median Home Value
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - A reception area, open workspace, breakroom, and ADA-compliant restroom support a flexible office layout.
Where is this office unit located?
The property is located at 400 Stonebrook Parkway #9O4 Frisco, TX.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 1,260‑square‑foot office condominium; Four private offices plus a reception area and mostly open workspace; Built in 2024 with finished ceilings from 10' to 12'
