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Remodeled Office Condo
For Sale
$459,900

7000 Parkwood Boulevard #D200, Frisco, TX 75034

Updated office condominium with private offices, a conference room, kitchenette, and reception area.

Property Size1,125 SF
Price / SF$408.80
Days on Market53

Property Features for 7000 Parkwood Boulevard #D200

General Information

Standard status Active
Size 1,125 SF
Property subtype Office

Building Details

Year Built 2014
Listing Agency: Scott Brown Properties, Inc
Listed By: Ryan Burks · License #0790768
Source: Lonestarluxuryrealty
Added: Aug 15 Changed: Oct 2 Last Checked: Oct 5 at 7:03PM

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 Scott Brown Properties, Inc

Investment Insights

Based on property information with market context.

This 1,125-square-foot office condominium at 7000 Parkwood Boulevard, Unit D200, offers a practical layout for professional occupancy. The interior includes a reception area, four private offices, a conference room, bathroom, and kitchenette.

Remodeling completed in fall 2025 included new paint, flooring, light fixtures, and hardware. The property was built in 2014 and is located near Stonebrook and the Dallas North Tollway in Frisco, Texas.

Key Highlights

  • 1,125‑square‑foot office condo at 7000 Parkwood Boulevard, Unit D200
  • Four private offices plus a conference room
  • Reception area, kitchenette, and bathroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$23,079
Cap Rate
5.02%
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 (±1% cap)
NOI $23,079 @ 7.0% cap · market cap 5.02%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$438.9K
$384.1K – $512.1K (±1% cap)
NOI $30,725 @ 7.0% cap · market cap 6.68%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Open Analytics

Current Use

Skin By Lucy ... Spa & Massage Center Dr. Brett A. Donahey, ... Alternative Medicine Practice Sandler Partners, Inc. (Bike/Boat/Book/etc) Store Collin County Sleep ... Medical Clinic Lice Lifters of Frisco ... Physician

Suggested Use

Top Pick Big Box & Wholesale Store Auto Parts Store Parking Lot & Garage Electrical Service Furniture & Home Goods Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

432
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Updated office condominium with private offices, a conference room, kitchenette, and reception area.
Where is this office units located?
The property is located at 7000 Parkwood Boulevard #D200 Frisco, TX.
What is the asking price?
The asking price for this property is $459,900.
What are key features of this property?
This property features: 1,125‑square‑foot office condo at 7000 Parkwood Boulevard, Unit D200; Four private offices plus a conference room; Reception area, kitchenette, and bathroom
More about this property
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