Newly Built Office
New
For Sale
$469,000
7884 Preston Road, Frisco, TX 75034
CommercialSale, Frisco, TX
Property Size1,150 SF
Lot Size8.63 Acres
Price / SF$407.83
Days on Market1
Property Features for 7884 Preston Road
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning description
Commercial
Accessibility
Accessible Approach with Ramp
Subdivision
Preston Hickory
Directions
See GPS
Standard status
Active
APN
R1221100990201
Lot size
8.63 Acres
Taxes and HOA fees
Tax Description
PRESTON HICKORY OFFICE PARK (CFR), BLDG 9, UN
Tax Annual Amount
7626
Legal Description
PRESTON HICKORY OFFICE PARK (CFR), BLDG 9, UN
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Central Air
Water source
Public
Building Details
Year built
2024
Floors in Building
1
Number of units
1
Flooring type
Engineered
Building materials
Brick
Roof type
Composition
Listing Agency:
R2 Realty LLC
Listed By:
Shubha Yatnatti
(817) 800-6021
Added: Oct 22
Last Checked: Oct 22 at 4:06PM
MLS# 21416457
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 1,150-square-foot office suite occupies a brick building completed in 2024. Engineered flooring, central air, electric heat, and an accessible approach with ramp are among its physical features. Public water and sewer serve the property.
The address is 7884 Preston Road in Frisco, with access to Preston Road and proximity to PGA and the Dallas North Tollway. Common parking is available for occupants.
The address is 7884 Preston Road in Frisco, with access to Preston Road and proximity to PGA and the Dallas North Tollway. Common parking is available for occupants.
Key Highlights
- 1,150‑square‑foot office suite in a 2024 building
- Brick construction with engineered flooring
- Central air and electric heating
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,592
Cap Rate
5.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$471,840
$471.8K
Cap Rate 7%
$337,029
$337.0K
Cap Rate 9%
$262,133
$262.1K
Market Conditions
NOI Build-Up for 1,150 SF
Gross rent
$36.2K $31.44/SF
− Vacancy
−$4.7K −$4.09/SF
EGI
$31.5K $27.35/SF
− OpEx
−$7.9K −$6.84/SF
NOI
$23.6K $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%
$471,840
Cap Rate 7%
$337,029
Cap Rate 9%
$262,133
Alternative Uses
Best Use
Office B
$337.0K
$294.9K – $393.2K
NOI $23,592 @ 7.0% cap · market cap 5.03%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$448.7K
$392.6K – $523.5K
NOI $31,408 @ 7.0% cap · market cap 6.70%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
904
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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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 professional workspace is equipped with central air, engineered flooring, and ramp access.
Where is this office unit located?
The property is located at 7884 Preston Road Frisco, TX.
What is the asking price?
The asking price for this property is $469,000.
What are key features of this property?
This property features: 1,150‑square‑foot office suite in a 2024 building; Brick construction with engineered flooring; Central air and electric heating
