Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    870 International Pkwy Flower Mound, TX 75022
    Back to Search
    Property profile & analytics

    870 International Pkwy, Flower Mound, TX 75022

    View on Map
    • Office Spaces
    • 20,000 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office Spaces

    Property Details for 870 International Pkwy

    Year built
    2019
    Property type
    Office Spaces

    Description

    This exceptional Class A office building, situated in Flower Mound's Lakeside community, offers 20,000 square feet of prime office space. Built in 2019, the two-story building features nine suites, with a minimum divisible space of 1,254 square feet and a maximum contiguous space of 10,000 square feet. Currently, 1,254 square feet are immediately available. The property enjoys a highly visible location on FM 2499, benefiting from over 65,000 daily vehicle counts. Its strategic location provides easy access to major highways including Highways 121, 114, and 635. This building is part of a larger 160-acre master-planned community near Lake Grapevine, offering employees a vibrant and convenient work environment. The surrounding area boasts a diverse range of dining and shopping options, including popular local restaurants and cafes, ensuring a convenient and enjoyable experience for tenants and their employees. This is a rare opportunity to secure high-quality office space in a thriving and desirable location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Flower Mound
    County
    Tarrant
    State
    Texas
    Longitude
    -97.0624
    Latitude
    32.994

    Comparable in this City

    • Value Estimation
      $2,900,000
      16,785 SF

      3370 Long Pr Rd, Unit 6

      CONDOMINIUM OFFICES
      3370 Long Pr Rd, Flower Mound, TX 75022-2816
      View Details
    • Value Estimation
      $2,480,000
      14,109 SF

      3434 Long Pr Rd, Unit 3

      CONDOMINIUM OFFICES
      3434 Long Pr Rd, Flower Mound, TX 75022-2814
      View Details
    • Value Estimation by Request
      7,500 SF

      3200 Long Prairie Rd

      Office Spaces
      3200 Long Prairie Rd, Flower Mound, TX 75022
      View Details
    • Value Estimation by Request
      9.07 Acres

      Bella Lago Dr

      VACANT COMMERCIAL LAND
      Bella Lago Dr, Flower Mound, TX 75022
      View Details
    • Value Estimation by Request
      0.17 Acres

      Cherokee Trl

      VACANT COMMERCIAL LAND
      Cherokee Trl, Flower Mound, TX 75022
      View Details
    • Value Estimation by Request
      0.70 Acres

      Cross Timbers Rd

      COMMERCIAL (GENERAL)
      Cross Timbers Rd, Flower Mound, TX 75022
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      7,500 SF

      Flower Mound Office Building For Sale

      One-story office building near Cross Timbers and FM 2499.
      3200 Long Prairie Rd, Flower Mound, TX 75022
      View Details
    • Contact for pricing
      7,500 SF

      Flower Mound Office Building

      One-story office building near Cross Timbers and FM 2499.
      3200 Long Prairie Rd, Flower Mound, TX 75022
      View Details
    • Contact for pricing
      14,785 SF

      Coppell Office Space For Rent

      Office space available in Coppell with excellent frontage and visibility.
      3360 Long Prairie Rd, Coppell, TX 75022
      View Details
    • $1,900,000
      1.09 Acres

      Garden Style Office Development

      Office development in Lakeside Business District, Flower Mound, Texas.
      1001 Long Prairie Rd, Flower Mound, TX 75022
      View Details
    • $3,995,000

      Modern Office Building For Sale

      Modern office building in Flower Mound with strong tenant mix.
      3360 Long Prairie Rd, Flower Mound, TX 75022
      View Details
    • $775,000
      1.00 Acre

      Flower Mound Acreage in Chateau Du Lac

      One acre lot in gated Flower Mound community.
      2012 La Salle, Flower Mound, TX 75022
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,100 SF

      Flower Mound Medical Office Suites

      Medical office suites available for lease in Flower Mound.
      3208 Long Prairie Rd, Flower Mound, TX 75022
      View Details
    • Contact for pricing

      Flower Mound Office Space Available

      Prime commercial office space for lease in Flower Mound, TX.
      3360 Long Prairie Rd, Flower Mound, TX 75022
      View Details
    • Contact for pricing
      120,000 SF

      Class A Office Space Available

      New office building in Flower Mound's Lakeside Business District.
      1 Long Prairie Rd, Flower Mound, TX 75022
      View Details
    • Contact for pricing
      1,952 SF

      Office Space in Irving, TX

      Office space available for rent in Irving, Texas.
      3492 Long Prairie Rd, Irving, TX 75022
      View Details
    • Contact for pricing
      30,788 SF

      Lakeside International Office Center

      Office space near The Shops at Lakeside in Flower Mound.
      777 International Pkwy, Flower Mound, TX 75022
      View Details
    • Contact for pricing
      1,129 SF

      Office Space in Lakeside DFW

      Office space available in a walkable Flower Mound community.
      2501 Lakeside Pkwy, Flower Mound, TX 75022
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    870 International Pkwy
    Flower Mound, TX 75022
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    870 International Pkwy, Flower Mound, TX, 75022
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!