425 Old Newman Road #203 Frisco, TX 75036
Office condo features three offices, a large conference room, and handicap-accessible restroom, with replaced AC in 2022.
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 (469) 430-8866
Listing date Jul 14, 2026
Source Signaturere
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Investment Insights
Based on property information with market context.
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 |