Office Condominium
4216 N Interstate 35 Denton, TX 76207
New
4216 N Interstate 35, Denton, TX, 76207
$200,000
For Sale
$200,000
SINGLE_FAMILY - Denton, TX
Property Size1,152 SF
Lot Size0.03 Acres
Price / SF$173.61
Days on Market5
Property Features for 4216 N Interstate 35
General Information
- Property type
- Residential
- Property subtype
- Office
- Standard status
- Active
- APN
- R118368
- Lot size
- 0.03 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Ceiling Fan(s), Central Air
- Water source
- Public
Building Details
- Year built
- 1985
- Floors in Building
- 1
- Number of units
- 1
- Flooring type
- Carpet, Vinyl
- Building materials
- Brick
- Roof type
- Shingle
Listing Agency
Keller Williams Realty
(940) 484-9411
Denton, TX
Listed by
SEVRI TJANDRAMULIA · License #0554257
(940) 484-9411
Added: Jul 14 Checked: Jul 18 at 11:06 am
MLS# 21160699
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This office condominium offers 1,152 square feet of functional, client-friendly space within the Greenway Plaza Office complex. The unit includes a welcoming front lobby, a spacious common area with a sink and cabinets, three private office rooms, and two restrooms. The layout supports a professional workflow and can also accommodate medical office uses, giving it flexibility for a variety of service-based businesses.
Located on the I-35 Frontage Road, the property sits near shopping and dining options close to University Drive. The condo is part of a community with a monthly POA fee of $250, which covers water and trash services, providing straightforward ongoing building-related utilities.
For tenants and owner-users, the configuration is well suited to practices and offices that need several rooms for consultations, administration, or support staff. Buyers looking for an income-producing office condominium may also find appeal in a space designed for both professional and medical office applications, supported by the common-area amenities and multiple restroom availability within the unit.
Located on the I-35 Frontage Road, the property sits near shopping and dining options close to University Drive. The condo is part of a community with a monthly POA fee of $250, which covers water and trash services, providing straightforward ongoing building-related utilities.
For tenants and owner-users, the configuration is well suited to practices and offices that need several rooms for consultations, administration, or support staff. Buyers looking for an income-producing office condominium may also find appeal in a space designed for both professional and medical office applications, supported by the common-area amenities and multiple restroom availability within the unit.
Key Highlights
- 1,152 SF office condominium in the Greenway Plaza Office complex on the I‑35 Frontage Road
- Condo POA fee is $250/month; covers water and trash services
- 3 office rooms plus a spacious common area with a sink and cabinets
Local Financial Insights For Office B
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 | $31.1k | $27.00 |
| − Vacancy | −$7.0k | −$6.08 |
| EGI | $24.1k | $20.93 |
| − OpEx | −$6.0k | −$5.23 |
| NOI | $18.1k | $15.69 |
1,152 SF · lease $27.00/SF/yr · vacancy 22.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$258.3K
$226.0K – $301.3K
NOI $18,079 @ 7.0% cap · market cap 9.04%
Second Best
Healthcare Medical
$239.9K
$210.0K – $279.9K
NOI $16,796 @ 7.0% cap · market cap 8.40%
Theoretical Best
Office A
$359.9K
$314.9K – $419.9K
NOI $25,195 @ 7.0% cap · market cap 12.60%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
The Albarado Law Firm, ...
Law Firm
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FAQs
What type of property is this?
Office units - Well-appointed office condo with multiple rooms and two restrooms, positioned along I-35 frontage in a managed office complex.
Where is this office units located?
The property is located at 4216 N Interstate 35 Denton, TX.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: 1,152 SF office condominium in the Greenway Plaza Office complex on the I‑35 Frontage Road; Condo POA fee is $250/month; covers water and trash services; 3 office rooms plus a spacious common area with a sink and cabinets
