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Professional Office Condo with Conference Room

425 Old Newman Road #203 Frisco, TX 75036

New
425 Old Newman Road #203, Frisco, TX, 75036
$445,000
For Sale
Claim this Listing
$445,000

Office condo features three offices, a large conference room, and handicap-accessible restroom, with replaced AC in 2022.

Property Size1,199 SF
Price / SF$371.14
AddedJul 14
Days on Market2
Last RefreshJul 15 at 2:55 am

Property Features for 425 Old Newman Road #203

General Information

Standard status
Active
Size
1,199 SF
Property subtype
Commercial

Building Details

Year Built
2015

Listing office Keller Williams Realty DPR

Listing date Jul 14, 2026

Source Signaturere

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 DPR


Investment Insights

Based on property information with market context.

This centrally located office condo is designed for a flexible professional or medical layout. The unit includes three spacious offices for multiple desks, a large conference room with plenty of natural light, and a lobby with attractive wood flooring plus two closets. Interior finishes include upgraded commercial carpet, crown molding, and large windows throughout for a light-filled work environment. Additional improvements include a kitchen-breakroom with storage cabinetry, sink, and refrigerator space, a handicap-accessible bathroom, and multiple storage closets. A huge floored attic provides significant storage, and the AC was replaced in 2022. The building is sprinklered with a fire suppression system, and the unit is part of a well-managed HOA.

Unit 203 is in the center of the building with optimum visibility from Old Newman Rd and abundant parking. The property is positioned near heavily traveled FM 423 and Stonebrook Pkwy, with easy frontage access and quick access to the Dallas North Tollway.

The condo is zoned C1 and features stone and brick exterior architecture with landscaping, with space suitable for building-mounted signage.

Key Highlights

  • 2015‑built Frisco office condo with three spacious offices plus a large conference room
  • Handicap‑accessible bathroom and lobby with wood flooring, two closets, and upgraded commercial carpet
  • Kitchen‑breakroom with custom wall storage cabinetry, sink, and refrigerator space

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 $37.7k $31.44
− Vacancy −$4.9k −$4.09
EGI $32.8k $27.35
− OpEx −$8.2k −$6.84
NOI $24.6k $20.51
1,199 SF · lease $31.44/SF/yr · vacancy 13.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$351.4K
$307.5K – $410.0K (±1% cap)
NOI $24,597 @ 7.0% cap · market cap 5.53%
Second Best
Healthcare Medical
$222.0K
$194.2K – $259.0K (±1% cap)
NOI $15,539 @ 7.0% cap · market cap 3.49%
Theoretical Best
Office A
$467.8K
$409.3K – $545.8K (±1% cap)
NOI $32,746 @ 7.0% cap · market cap 7.36%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Vishnu Priya Ramakrishnan Physician Datatonik Advertising Agency Lau Aesthetics Spa & Massage Center Lata Pablani Physician Scott Hastings Pediatrician

Suggested Use

Law Firm Real Estate Agency Parking Lot & Garage Auto Parts Store Daycare Center Electrical Service Accounting Firm Grocery & Convenience Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office units - Office condo features three offices, a large conference room, and handicap-accessible restroom, with replaced AC in 2022.
Where is this office units located?
The property is located at 425 Old Newman Road #203 Frisco, TX.
What is the asking price?
The asking price for this property is $445,000.
What are key features of this property?
This property features: 2015‑built Frisco office condo with three spacious offices plus a large conference room; Handicap‑accessible bathroom and lobby with wood flooring, two closets, and upgraded commercial carpet; Kitchen‑breakroom with custom wall storage cabinetry, sink, and refrigerator space
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