Office Unit with Monument
New
For Sale
$500,000
8765 Stockard Drive #404, Frisco, TX 75034
Office-zoned space includes a kitchen finished with granite countertops.
Property Size1,165 SF
Price / SF$429.18
Days on Market2
Property Features for 8765 Stockard Drive #404
General Information
Standard status
Active
Size
1,165 SF
Property subtype
Commercial
Zoning
Office
Additional Details
Highway Access
Yes
Property Use
Office
Amenities
monument sign
kitchen with granite countertops
Building Details
Building Size
1,165 SF
Year Built
2014
Stories
1
Units
1
Listing Agency:
Elevated Property Management L
(469) 238-0310
Listed By:
Connor Nichols · License #0648327
(972) 345-0344
Source:
Cogburnrealestate
Added: Oct 23
Last Checked: Oct 23 at 9:08AM
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 Elevated Property Management L
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Investment Insights
Based on property information with market context.
This 1,165-square-foot office unit was built in 2014 and has office zoning. The space includes a kitchen with granite countertops and monument signage.
Located on Stockard Drive in Frisco, the property is near Preston Road and Highway 121, with Legacy West also nearby.
Located on Stockard Drive in Frisco, the property is near Preston Road and Highway 121, with Legacy West also nearby.
Key Highlights
- 1,165‑square‑foot office unit
- Built in 2014
- Office zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,900
Cap Rate
4.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$478,000
$478.0K
Cap Rate 7%
$341,429
$341.4K
Cap Rate 9%
$265,556
$265.6K
Market Conditions
NOI Build-Up for 1,165 SF
Gross rent
$36.6K $31.44/SF
− Vacancy
−$4.8K −$4.09/SF
EGI
$31.9K $27.35/SF
− OpEx
−$8.0K −$6.84/SF
NOI
$23.9K $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%
$478,000
Cap Rate 7%
$341,429
Cap Rate 9%
$265,556
Alternative Uses
Best Use
Office B
$341.4K
$298.8K – $398.3K
NOI $23,900 @ 7.0% cap · market cap 4.78%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$454.5K
$397.7K – $530.3K
NOI $31,817 @ 7.0% cap · market cap 6.36%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,699
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 - Office-zoned space includes a kitchen finished with granite countertops.
Where is this office unit located?
The property is located at 8765 Stockard Drive #404 Frisco, TX.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: 1,165‑square‑foot office unit; Built in 2014; Office zoning
