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Remodeled Office Condo
For Sale
$459,900

D200-7000 Parkwood Blvd, Frisco, TX 75034

Interior includes a reception area, private offices, conference room, bathroom, and kitchenette for immediate business use.

Property Size1,125 SF
Price / SF$408.80
Days on Market55

Property Features for D200-7000 Parkwood Blvd

General Information

Standard status Active
Size 1,125 SF

Additional Details

Office Units 1

Taxes and HOA fees

Annual Taxes $6,978

Building Details

Year Renovated 2025
Listing Agency: Scott Brown Properties, Inc
Listed By: Ryan Burks · License #0790768
Source: Exprealty
Added: Aug 13 Changed: Sep 11 Last Checked: Oct 5 at 11:47PM

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 Scott Brown Properties, Inc

Investment Insights

Based on property information with market context.

This office condominium provides 1,125 square feet of professionally configured workspace. The layout includes a reception area, four private offices, a conference room, bathroom, and kitchenette, creating a practical arrangement for day-to-day operations. Interior improvements completed in fall 2025 include new paint, flooring, light fixtures, and hardware.

The property is located at D200-7000 Parkwood Blvd in Frisco, Texas, near Stonebrook and the Dallas North Tollway. Its existing configuration and recent interior updates support occupancy upon closing, with the property suited to an owner-user seeking office ownership rather than a leased arrangement.

Key Highlights

  • 1,125‑square‑foot office condo
  • Interior remodel completed in fall 2025
  • Four private offices plus a conference room

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$23,079
Cap Rate
5.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$461,580 $461.6K
Cap Rate 7%
$329,700 $329.7K
Cap Rate 9%
$256,433 $256.4K
Market Conditions
NOI Build-Up for 1,125 SF
Gross rent
$35.4K $31.44/SF
− Vacancy
−$4.6K −$4.09/SF
EGI
$30.8K $27.35/SF
− OpEx
−$7.7K −$6.84/SF
NOI
$23.1K $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%
$461,580
Cap Rate 7%
$329,700
Cap Rate 9%
$256,433

Alternative Uses

Best Use
Office B
$329.7K
$288.5K – $384.7K (±1% cap)
NOI $23,079 @ 7.0% cap · market cap 5.02%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$438.9K
$384.1K – $512.1K (±1% cap)
NOI $30,725 @ 7.0% cap · market cap 6.68%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Storage Facility Garden Center (Bike/Boat/Book/etc) Store Daycare Center Butcher Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Office units

Location Intelligence

Trade Area within ½ mile

2,395
Businesses Nearby

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

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Interior includes a reception area, private offices, conference room, bathroom, and kitchenette for immediate business use.
Where is this office units located?
The property is located at D200-7000 Parkwood Blvd Frisco, 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: 1,125‑square‑foot office condo; Interior remodel completed in fall 2025; Four private offices plus a conference room
More about this property
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