Office Condo with Private
New
For Sale
$473,990
6000 Alma Road 902, McKinney, TX 75070
A finished workspace combines private offices with reception, restroom, and break areas.
Property Size1,225 SF
Price / SF$386.93
Days on Market6
Property Features for 6000 Alma Road 902
General Information
Standard status
Active
Size
1,225 SF
Property subtype
Business
Occupancy
100%
Additional Details
Condition
Built-Out
Gross Income
$38,340
Tenant in Place
Yes
Property Use
Office
Taxes and HOA fees
Annual Taxes
$1,326
Building Details
Building Size
1,225 SF
Year Built
2025
Tenancy
Single
Owner Occupied
No
Listing Agency:
Texas Elite Realty
Listed By:
John Martellini · License #0635666
(214) 592-9600
Source:
Livingwell
Added: Oct 26
Last Checked: Oct 30 at 4:08PM
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 Texas Elite Realty
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Investment Insights
Based on property information with market context.
This 1,225-square-foot office condo, built in 2025, is arranged with four private offices, a reception area, a private restroom, and a break area. Interior features include granite countertops, 42-inch cabinetry, and motion-sensor lighting. Parking is available for employees and visitors.
The unit is at the corner of Alma Road and Collin McKinney Parkway in McKinney, within Collin Ridge Office Condos. Its finished layout and defined work areas provide a practical setting for office operations.
The unit is at the corner of Alma Road and Collin McKinney Parkway in McKinney, within Collin Ridge Office Condos. Its finished layout and defined work areas provide a practical setting for office operations.
Key Highlights
- 1,225‑square‑foot office unit built in 2025
- Four private offices, reception area, private restroom, and break area
- Granite countertops and 42‑inch cabinetry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,737
Cap Rate
3.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$314,740
$314.7K
Cap Rate 7%
$224,814
$224.8K
Cap Rate 9%
$174,856
$174.9K
Market Conditions
NOI Build-Up for 1,225 SF
Gross rent
$26.9K $21.96/SF
− Vacancy
−$5.9K −$4.83/SF
EGI
$21.0K $17.13/SF
− OpEx
−$5.2K −$4.28/SF
NOI
$15.7K $12.85/SF
Area
McKinney, TX
Vacancy
22.00%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$314,740
Cap Rate 7%
$224,814
Cap Rate 9%
$174,856
Alternative Uses
Best Use
Office B
$224.8K
$196.7K – $262.3K
NOI $15,737 @ 7.0% cap · market cap 3.32%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$344.4K
$301.4K – $401.8K
NOI $24,108 @ 7.0% cap · market cap 5.09%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
654
Businesses Nearby
Explore this area
Business Placement
Demographics for 75070, TX
57,712
Population
24,323
Households
2.4
Avg Household Size
34
Median Age
57%
College-Educated
98%
High-School Grad
11.3 sq mi
ZIP Area
5,107
Density / Sq Mi
$106,549
Median Household Income
$65,855
Median Earnings
$1,799
Median Rent
$429,300
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - A finished workspace combines private offices with reception, restroom, and break areas.
Where is this office unit located?
The property is located at 6000 Alma Road 902 McKinney, TX.
What is the asking price?
The asking price for this property is $473,990.
What are key features of this property?
This property features: 1,225‑square‑foot office unit built in 2025; Four private offices, reception area, private restroom, and break area; Granite countertops and 42‑inch cabinetry
