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Freestanding ER in Flower Mound

4351 Long Prairie Rd Lewisville, TX 75028

4351 Long Prairie Rd, Lewisville, TX, 75028
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For Sale
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Vacant ER with operating room, lab, and imaging infrastructure.

Property Size11,024 SF
Lot Size2.07 Acres
Price / SF$269.87
Days on Market237

Property Features for 4351 Long Prairie Rd

General Information

Standard status
Active
Size
11,024 SF
Lot size
2.07 Acres
Property subtype
OFFICE
Listing Agency Lincoln Property Company - Corporate
Listed by Holt Martin
Source Moodyscre
Added: Nov 24, 2025 Checked: Jul 19 at 3:43 am

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 Lincoln Property Company - Corporate


Investment Insights

Based on property information with market context.

This vacant freestanding building in Flower Mound is available for sale or lease. The 11,024-square-foot property features a build-out that includes 12 exam rooms and an operating room. Infrastructure is in place for a lab, imaging, and medical gas.

Key Highlights

  • Freestanding Emergency Room (ER) in Flower Mound
  • 12 Exam Rooms & Operating Room Built Out
  • Lab, Imaging, & Med Gas Infrastructure in Place

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 $363.8k $33.00
− Vacancy −$91.7k −$8.32
EGI $272.1k $24.68
− OpEx −$68.0k −$6.17
NOI $204.1k $18.51
11,024 SF · lease $33.00/SF/yr · vacancy 25.20% · expense 25.00%

Alternative Uses

Best Use
Office B
$2.92M
$2.55M – $3.40M (±1% cap)
NOI $204,087 @ 7.0% cap · market cap 6.86%
Second Best
Healthcare Medical
$2.30M
$2.01M – $2.68M (±1% cap)
NOI $160,730 @ 7.0% cap · market cap 5.40%
Theoretical Best
Office A
$3.68M
$3.22M – $4.29M (±1% cap)
NOI $257,274 @ 7.0% cap · market cap 8.65%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Zachary Goldman Physician Delashaw Mini R ... Physician

Suggested Use

Auto Repair Shop Auto Parts Store Parking Lot & Garage Law Firm Grocery & Convenience Store Furniture & Home Goods Big Box & Wholesale Store Storage Facility (Bike/Boat/Book/etc) Store Barber Shop

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

Similar Off Market Nearby

  • Cross Timbers Animal Medical Center — 2601 Cross Timbers Rd, Flower Mound, TX 75028
  • Flower Mound Veterinary Emergency & Specialty Center — 3905 Long Prairie Rd, Flower Mound, TX 75028
  • TeleCardiology by CVCA — 3905 Long Prairie Rd Building 1, Flower Mound, TX 75028
  • Flower Mound Veterinary Emergency and Specialty Center — 3905 long prairie rd, flower mound, tx 75028
  • Hartley Dena L DVM — 2601 Cross Timbers Rd, Flower Mound, TX 75028

FAQs

What type of property is this?
Medical Office Space - Vacant ER with operating room, lab, and imaging infrastructure.
Where is this medical office space located?
The property is located at 4351 Long Prairie Rd Lewisville, TX.
What is the asking price?
The asking price for this property is $2,975,000.
What are key features of this property?
This property features: Freestanding Emergency Room (ER) in Flower Mound; **12 Exam Rooms & Operating Room Built Out**; Lab, Imaging, & Med Gas Infrastructure in Place
Contact an agent
(214) 461-2383 Call to check price and availability
More about this property
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