Professional Office
8751 Collin Mckinney Parkway, McKinney, TX 75070
For Sale
$459,900
CommercialSale, McKinney, TX
Property Size1,150 SF
Lot Size8.04 Acres
Price / SF$399.91
Days on Market100
Property Features for 8751 Collin Mckinney Parkway
General Information
Property type
Property subtype
Zoning description
Parking features
Subdivision
Directions
Standard status
APN
Size
Lot size
Additional Details
Property Use
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:
Coldwell Banker Apex, REALTORS · Coldwell Banker Real Estate
(972) 562-5400
Listed By:
Salvador Lopez · License TX #0727122
(469) 450-7355
Added: Aug 5
Changed: Nov 10
Last Checked: Nov 12 at 10:06AM
MLS# 21350867
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 unit was built in 2020 and has brick construction. Interior finishes include carpet and tile, with central electric heating and central air conditioning. The property also has parking lot access, a composition roof, and public water and sewer service.
At 8751 Collin McKinney Parkway in McKinney, the office provides immediate access to SH-121 and US-75. The suite is described as suited to general professional office use, with a layout that can accommodate multiple use types.
At 8751 Collin McKinney Parkway in McKinney, the office provides immediate access to SH-121 and US-75. The suite is described as suited to general professional office use, with a layout that can accommodate multiple use types.
Key Highlights
- 1,150‑square‑foot office unit
- Built in 2020 with brick construction
- Carpet and tile flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,774
Cap Rate
3.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$295,480
$295.5K
Cap Rate 7%
$211,057
$211.1K
Cap Rate 9%
$164,156
$164.2K
Market Conditions
NOI Build-Up for 1,150 SF
Gross rent
$25.3K $21.96/SF
− Vacancy
−$5.6K −$4.83/SF
EGI
$19.7K $17.13/SF
− OpEx
−$4.9K −$4.28/SF
NOI
$14.8K $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%
$295,480
Cap Rate 7%
$211,057
Cap Rate 9%
$164,156
Alternative Uses
Best Use
Office B
$211.1K
$184.7K – $246.2K
NOI $14,774 @ 7.0% cap · market cap 3.21%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$323.3K
$282.9K – $377.2K
NOI $22,632 @ 7.0% cap · market cap 4.92%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
887
Businesses Nearby
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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
$429,300
Median Home Value
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Market
Average Price Trend$/SF for Office Units in McKinney, TX
Properties on Market for Office Units in McKinney
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - The 2020-built unit includes carpet and tile finishes, central heating and air conditioning, and parking lot access.
Where is this office unit located?
The property is located at 8751 Collin Mckinney Parkway McKinney, 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: 1,150‑square‑foot office unit; Built in 2020 with brick construction; Carpet and tile flooring
