Renovated Office
For Sale
$1,295,000
7010 Ash Street, Frisco, TX 75034
CommercialSale, Frisco, TX
Property Size3,131 SF
Lot Size0.17 Acres
Price / SF$413.61
Days on Market245
Property Features for 7010 Ash Street
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning description
OTC
Parking features
On Street
Subdivision
Frisco Original Donation
Lot features
Corner Lot
Directions
From Dallas North tollway road need to go towards east on the main street, From main st take right towards the 5th street and from 5th street need to take left on Ash.Property is on the first left .
Standard status
Active
APN
R098202101201
Size
3,131 SF
Lot size
0.17 Acres
Taxes and HOA fees
Tax Description
FRISCO ORIGINAL DONATION (CFR), BLK 21, LOT 1
Tax Annual Amount
4648
Legal Description
FRISCO ORIGINAL DONATION (CFR), BLK 21, LOT 1
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
bicycle parking
Building Details
Year built
1987
Floors in Building
1
Number of units
1
Flooring type
Vinyl, Tile
Building materials
Brick
Roof type
Composition
Listing Agency:
Redbud Offices LLC
(469) 434-7300
Listed By:
Anoo Sathappun · License #0635204
(214) 763-0411
Added: Dec 30, 2025
Changed: Aug 23
Last Checked: Sep 1 at 4:06PM
MLS# 20701326
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.
Investment Insights
Based on property information with market context.
This 3,131-square-foot office building on a 0.172-acre lot was originally built in 1987 and has undergone extensive reconstruction. Improvements include new interior finishes, HVAC, electrical, plumbing, doors, trim, windows, flooring, paint, fixtures, and door hardware. The building includes multiple private offices, hospital-grade electrical wiring, ADA restrooms, central heating and central air, vinyl and tile flooring, a composition roof, and brick construction.
The property occupies a double-street corner at 5th and Ash Street in Frisco. Exterior work includes new concrete and sidewalks, bicycle parking, and car parking completed in accordance with an approved City of Frisco site plan. Public water and public sewer serve the property. Permitted uses include office, medical, and salon operations; schools, daycare facilities, and churches are excluded.
The property occupies a double-street corner at 5th and Ash Street in Frisco. Exterior work includes new concrete and sidewalks, bicycle parking, and car parking completed in accordance with an approved City of Frisco site plan. Public water and public sewer serve the property. Permitted uses include office, medical, and salon operations; schools, daycare facilities, and churches are excluded.
Key Highlights
- 3,131‑square‑foot office building on a 0.172‑acre lot
- Extensive reconstruction includes HVAC, electrical, plumbing, windows, flooring, and paint
- Multiple private offices with hospital‑grade electrical wiring
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$64,231
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.96%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,284,620
$1.3M
Cap Rate 7%
$917,586
$917.6K
Cap Rate 9%
$713,678
$713.7K
Market Conditions
NOI Build-Up for 3,131 SF
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.
Gross rent
$98.4K $31.44/SF
− Vacancy
−$12.8K −$4.09/SF
EGI
$85.6K $27.35/SF
− OpEx
−$21.4K −$6.84/SF
NOI
$64.2K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,284,620
Cap Rate 7%
$917,586
Cap Rate 9%
$713,678
Alternative Uses
Best Use
Office B
$917.6K
$802.9K – $1.07M
NOI $64,231 @ 7.0% cap · market cap 4.96%
Second Best
Healthcare Medical
$579.7K
$507.2K – $676.3K
NOI $40,578 @ 7.0% cap · market cap 3.13%
Theoretical Best
Office A
$1.22M
$1.07M – $1.43M
NOI $85,511 @ 7.0% cap · market cap 6.60%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,373
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Reconstructed office property with private offices, updated systems, ADA restrooms, and approved parking improvements.
Where is this office building located?
The property is located at 7010 Ash Street Frisco, TX.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: 3,131‑square‑foot office building on a 0.172‑acre lot; Extensive reconstruction includes HVAC, electrical, plumbing, windows, flooring, and paint; Multiple private offices with hospital‑grade electrical wiring
