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    11583 Independence Pkwy Frisco, TX 75035

    For Sale
    $375,000

    Executive suite, prime Frisco location.

    Property size:
    1,110 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This 1,110 sq ft executive/medical/traditional office condo is located in the desirable Heritage Business Park in Frisco, Texas (75035), at 11583 Independence Pkwy #410. The property, built in 2022, is a Class B, single-story building situated on 1.1 acres and features a modern brick and stone façade with private entrances. The unit is vacant and available for sale by owner under a NNN lease type. The asking price is $375,000, translating to $337.84 per square foot. The park-like setting includes inviting open green space, water features, and benches. High visibility is ensured by its location on Independence Parkway, with over 16,000 vehicles passing daily. The property benefits from excellent signage opportunities and is conveniently located within 15 minutes of McKinney and 30 minutes from Downtown Dallas. The surrounding area boasts a high average household income of $148,610 within a two-mile radius. The property includes 24-hour access and dedicated parking. Zoned for commercial use, this presents a unique opportunity for businesses seeking a prestigious and easily accessible location in a thriving area. The property is part of a larger development with numerous workforce amenities nearby. While a medical center is located over five miles away, the property's location makes it ideal for various professional uses.

    Property Features for 11583 Independence Pkwy

    General Information

    Property type
    Medical offices
    Square Feet
    1,110 SF
    Class
    B
    Lot Size
    47,916 SF

    Building Details

    Year Renovated
    2022
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • 1,110 SF Class B office condo for sale in Frisco's Heritage Business Park, a 2022‑built, single‑story building with a modern brick and stone façade.
    • High‑visibility location on Independence Parkway with over 16,000 vehicles passing daily, offering excellent signage opportunities.
    • Park‑like setting with open green space, water features, and benches; private entrances, 24‑hour access, and dedicated parking.
    • Convenient location: 15 minutes from McKinney and 30 minutes from Downtown Dallas.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage 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
    Frisco
    County
    Collin
    State
    Texas
    Longitude
    -96.7518102
    Latitude
    33.1725763

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    FAQs

    What type of property is this?
    Medical office - Executive suite, prime Frisco location.
    Where is this medical office located?
    The property is located at 11583 Independence Pkwy Frisco, TX.
    What is the asking price?
    The asking price for this property is $375,000.
    What are key features of this property?
    This property features: 1,110 SF Class B office condo for sale in Frisco's Heritage Business Park, a 2022-built, single-story building with a modern brick and stone façade.; High-visibility location on Independence Parkway with over 16,000 vehicles passing daily, offering excellent signage opportunities.; Park-like setting with open green space, water features, and benches; private entrances, 24-hour access, and dedicated parking.
    Request Owner's contact information
    11583 Independence Pkwy Frisco, TX 75035
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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
    11583 Independence Pkwy Frisco, TX 75035
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