Office Condo with Private
7000 Parkwood Boulevard, Frisco, TX 75034
For Sale
New
$439,000
CommercialSale, Frisco, TX
Property Size1,125 SF
Lot Size3.56 Acres
Price / SF$390.22
Days on Market1
Property Features for 7000 Parkwood Boulevard
General Information
Property type
Property subtype
Zoning description
Subdivision
Lot features
Directions
Standard status
APN
Size
Lot size
Additional Details
Property Use
Condition
Taxes and HOA fees
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Listing Agency:
Relo Radar
(817) 774-9077
Listed By:
Josh Mills · License TX #0523527
(214) 701-3467
Added: Nov 13
Last Checked: Nov 13 at 11:06PM
MLS# 21436266
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 1,125-square-foot office condominium was built in 2007 and contains a reception area, four private offices, a conference room, kitchenette, and bathroom. Vinyl flooring, central heating and air conditioning, and brick and stone veneer construction define the interior and exterior finishes. Public water and sewer serve the property.
The office is at 7000 Parkwood Boulevard in Frisco, near Stonebrook and the Dallas North Tollway.
The office is at 7000 Parkwood Boulevard in Frisco, near Stonebrook and the Dallas North Tollway.
Key Highlights
- 1,125‑square‑foot office condominium
- Four private offices, reception area, conference room, kitchenette, and bathroom
- Built in 2007
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,079
Cap Rate
5.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$461,580
$461.6K
Cap Rate 7%
$329,700
$329.7K
Cap Rate 9%
$256,433
$256.4K
Market Conditions
NOI Build-Up for 1,125 SF
Gross rent
$35.4K $31.44/SF
− Vacancy
−$4.6K −$4.09/SF
EGI
$30.8K $27.35/SF
− OpEx
−$7.7K −$6.84/SF
NOI
$23.1K $20.51/SF
Area
Frisco, TX
Vacancy
13.00%
Lease Rate
$31.44 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$461,580
Cap Rate 7%
$329,700
Cap Rate 9%
$256,433
Alternative Uses
Best Use
Office B
$329.7K
$288.5K – $384.7K
NOI $23,079 @ 7.0% cap · market cap 5.26%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$438.9K
$384.1K – $512.1K
NOI $30,725 @ 7.0% cap · market cap 7.00%
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
1
Office units
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
432
Businesses Nearby
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Business Placement
Demographics for 75034, TX
47,734
Population
23,836
Households
2
Avg Household Size
36
Median Age
63%
College-Educated
97%
High-School Grad
15.9 sq mi
ZIP Area
3,002
Density / Sq Mi
$107,945
Median Household Income
$67,256
Median Earnings
$1,730
Median Rent
$679,500
Median Home Value
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Market
Average Price Trend$/SF for Office Units in Frisco, TX
Properties on Market for Office Units in Frisco
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - An established interior layout includes a reception area, conference room, kitchenette, and dedicated restroom.
Where is this office unit located?
The property is located at 7000 Parkwood Boulevard Frisco, TX.
What is the asking price?
The asking price for this property is $439,000.
What are key features of this property?
This property features: 1,125‑square‑foot office condominium; Four private offices, reception area, conference room, kitchenette, and bathroom; Built in 2007
