Two-Story Office
5013 Colleyville Boulevard Colleyville, TX 76034
New
5013 Colleyville Boulevard, Colleyville, TX, 76034
$750,000
For Sale
$750,000
Two-story office building with 1,200 sf on each level and 15 parking spaces, with visibility on Colleyville Blvd.
Property Size2,400 SF
Price / SF$312.50
Days on Market3
Property Features for 5013 Colleyville Boulevard
General Information
- Standard status
- Active
- Size
- 2,400 SF
- Property subtype
- Office
Building Details
- Year Built
- 1985
Listing agency
Milani Properties LLC
(214) 228-7936
Listed by
Rene Jensen · License #0690122
(214) 532-6823
Source
Lonestarluxuryrealty
Added: Jul 20 Updated: Jul 22 at 1:52AM Checked: Jul 22 at 4:56AM
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 Milani Properties LLC
Investment Insights
Based on property information with market context.
This two-story commercial office building offers a total of 2,400 sf with 1,200 sf on the downstairs level and 1,200 sf upstairs. The property is configured for flexible use, with an option for an owner user or income-producing tenants. It also includes 15 parking spaces and a monument sign along Highway 26.
The building has visibility directly on Colleyville Blvd and is situated directly across from Main Street and Colleyville Town Square. Additional nearby shopping and dining are identified in the public remarks, supporting day-to-day convenience for employees and customers.
With separate levels and on-site parking, the property presents a practical setup for either occupying the full building or tailoring use across the two floors, depending on tenant needs.
The building has visibility directly on Colleyville Blvd and is situated directly across from Main Street and Colleyville Town Square. Additional nearby shopping and dining are identified in the public remarks, supporting day-to-day convenience for employees and customers.
With separate levels and on-site parking, the property presents a practical setup for either occupying the full building or tailoring use across the two floors, depending on tenant needs.
Key Highlights
- Two‑story commercial building built in 1985 with 1,200 SF on the first floor and 1,200 SF upstairs
- Visibility directly on Colleyville Blvd
- 15 on‑site parking spaces
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 | $73.7k | $30.72 |
| − Vacancy | −$18.4k | −$7.68 |
| EGI | $55.3k | $23.04 |
| − OpEx | −$13.8k | −$5.76 |
| NOI | $41.5k | $17.28 |
2,400 SF · lease $30.72/SF/yr · vacancy 25.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$592.5K
$518.4K – $691.2K
NOI $41,472 @ 7.0% cap · market cap 5.53%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$844.3K
$738.7K – $985.0K
NOI $59,098 @ 7.0% cap · market cap 7.88%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Martin Long Medical ...
Medical Group
Events and Experiences
Event Planning
All Star Maids ...
Hardware & Home Improvement
HomeVestors
Real Estate Agency
TMI Leadership Consulting
Consultant
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Two-story office building with 1,200 sf on each level and 15 parking spaces, with visibility on Colleyville Blvd.
Where is this office building located?
The property is located at 5013 Colleyville Boulevard Colleyville, TX.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Two‑story commercial building built in 1985 with 1,200 SF on the first floor and 1,200 SF upstairs; Visibility directly on Colleyville Blvd; 15 on‑site parking spaces
