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    623 Fm 544 Murphy, TX 75094

    For Lease
    $25 SF/Yr ($13,333 /Mo)

    Modern 2,200 SF Medical Office Suite

    Lot size:
    6,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 2,200 square foot medical office space, part of a larger 6,400 square foot building, presents a unique opportunity in the thriving Murphy, Texas market. Located at 623 FM 544, this single-story, 2018-built property boasts prime visibility and easy access from FM 544. The suite is currently vacant and ready for immediate occupancy. Ideal for a variety of medical practices, the space offers modern facilities within a tranquil setting adjacent to the scenic Pecan Hollow Golf Course. The building features multiple tenancies, creating a vibrant and professional atmosphere. With one acre of land, the property benefits from ample parking and convenient access for patients and staff. The surrounding area is densely populated, providing a strong base of potential clients. This is an excellent opportunity to establish or expand a medical practice in a high-growth area with exceptional visibility and convenient access. The total building size is 6,400 square feet, with 2,200 square feet currently available. This location offers a blend of professional environment and serene surroundings, making it an attractive option for medical professionals seeking a high-quality space in a desirable location. The zip code is 75094.

    Property Features for 623 Fm 544

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,400 SF
    Total Rate
    13333.33

    Building Details

    Year Built
    2018
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 100
    Size
    2,200 SF
    Rate per SF
    $25

    HighLights

    • High‑visibility location on FM 544 with excellent access.
    • Modern 2018 construction, suitable for office or medical tenants.
    • Adjacent to Pecan Hollow Golf Course.
    • Located in a high‑density residential area.
    • Affluent demographics: $158,509 average household income within 1 mile.
    • Strong daytime population of 84,831 within a 5‑mile radius.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Murphy
    County
    Collin
    State
    Texas
    Longitude
    -96.6275311
    Latitude
    33.0121244

    Nearby Similar for Lease

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    FAQs

    What type of property is this?
    Medical office - Modern 2,200 SF Medical Office Suite
    Where is this medical office located?
    The property is located at 623 Fm 544 Murphy, TX.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: High-visibility location on FM 544 with excellent access.; Modern 2018 construction, suitable for office or medical tenants.; Adjacent to Pecan Hollow Golf Course.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    623 Fm 544 Murphy, TX 75094
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