Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    500-800 Industry Way Prosper, TX

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Flex space with HVAC and ample parking in Prosper, TX.

    Type:INDUSTRIAL
    Property size:
    15,075 SF
    Lot size:
    0.45 Acres
    Added:
    Oct 29, 2025
    Days on Market:
    158
    Last Refresh:
    Apr 1 at 8:29 pm

    Property Features for 500-800 Industry Way

    General Information

    Standard status
    Active
    Size
    15,075 SF
    Lot size
    0.45 Acres
    Property subtype
    INDUSTRIAL

    Spaces For Lease

    at 500-800 Industry Way Contact us

    We can help!

    Listing Contact
    Jack Friedman
    Jack Friedman

    Listing agent Jack Friedman

    Listing office Colliers - Denver

    Listing date Oct 29, 2025

    Source Moodyscre

    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 Colliers - Denver

    Overview

    Prosper Flex Space Available

    This flex space property, offering 15,075 square feet, features full HVAC and abundant parking. The location provides convenient access to Highway 380 and the Dallas North Tollway. It is also situated near a substantial labor pool and various amenities. The property is suitable for industrial purposes.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Daycare Center

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

    Similar Places Nearby

    • Concetta's Italian Kitchen — 203 N Coleman St, Prosper, TX 75078

    Location Insight

    • Map
    • Local Demand
    City
    Prosper
    County
    Collin
    State
    Texas
    Longitude
    -96.8011
    Latitude
    33.2362

    Nearby Similar for Lease

    • Contact for pricing

      Move-in Ready Prosper Office Suite

      Professional office suite in prime Prosper location, ready for occupancy.
      1630 Prosper Trail, Prosper, TX 75078
      View Details
    • Contact for pricing

      Professional Office Suites in Prosper

      Three private office suites available for rent in Prosper, TX.
      713 E 1st Street, Prosper, TX 75078
      View Details
    • Contact for pricing

      New Office Space in Prosper

      Brand-new office space with modern finishes and ample parking.
      1630 W Prosper Trail, Prosper, TX 75078
      View Details
    • Contact for pricing

      Office Condo For Lease

      1187 SF office condo available for lease in Prosper.
      2120 Prairie Drive, Prosper, TX 75078
      View Details
    • $35/mo

      New Office Space in Prosper

      Modern office space for lease in a thriving professional park.
      2120 Prairie Drive, Prosper, TX 75078
      View Details
    • Contact for pricing

      New Office Space in Prosper

      New construction office space suitable for multiple businesses in Prosper.
      2120 Prairie Drive, Prosper, TX 75078
      View Details
    • Contact for pricing

      New Office Space in Prosper

      Professional office space in Prosper, TX, ready for move-in.
      1630 W Propser Trail, Prosper, TX 75078
      View Details
    • Contact for pricing

      Finished Office Space in Prosper

      New office space with utilities included and Preston Rd frontage.
      110 S Preston Road, Prosper, TX 75078
      View Details
    • Contact for pricing

      New Corner Office Unit

      New office unit in Prosper, ideal for medical/professional businesses.
      2120 Prairie Drive 501, Prosper, TX 75078
      View Details
    • $40/mo

      Office Space with Private Offices

      Office space featuring private offices and workstation for rent.
      290 S Preston Rd, Prosper, TX
      View Details
    • Contact for pricing

      Office Space in Prosper, TX

      Office space available for lease in Prosper, Texas.
      590 W Frontier Pkwy, Prosper, TX
      View Details
    • Contact for pricing

      Retail Space Near Dallas Parkway

      Retail spaces for lease near Dallas Pkwy and Frontier Pkwy.
      2738 Pinto Creek Dr, Prosper, TX
      View Details

    FAQs

    What type of property is this?
    Flex space - Flex space with HVAC and ample parking in Prosper, TX.
    Where is this flex space located?
    The property is located at 500-800 Industry Way Prosper, TX.
    What are key features of this property?
    This property features: Centrally located with easy access to Hwy. 380 and Dallas North Tollway; Abundant auto parking; 100% HVAC
    (303) 745-5800 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Jack Friedman
    Jack Friedman
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!