Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Frisco Nec Panther Crk & Hillcrest Rd Frisco, TX 75035
    Property profile & analytics

    Frisco Nec Panther Crk & Hillcrest Rd, Frisco, TX 75035

    View on Map
    • Retail properties & Spaces
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for Frisco Nec Panther Crk & Hillcrest Rd

    Property type
    Retail properties & Spaces

    Description

    This exceptional 1.5-acre retail property is ideally situated at the northeast corner of Panther Creek and Hillcrest Road in the thriving city of Frisco, Texas, zip code 75035. Located in Collin County, this single-tenant retail site presents a unique investment opportunity. The property is designated as a shopping center and offers significant potential for a variety of retail businesses. While the total building square footage is currently listed as zero, this indicates a blank canvas for development, allowing for complete customization to suit a tenant's specific needs. The expansive 1.5-acre lot provides ample space for building construction, parking, and landscaping. This prime location benefits from excellent visibility and accessibility, ensuring high traffic volume and exposure for any business operating from this site. The property's strategic position within Frisco, a rapidly growing city known for its strong economy and affluent population, makes it an attractive proposition for businesses seeking a high-demand market. This is a rare opportunity to acquire a substantial retail parcel in a highly desirable area of Frisco, Texas. The property is currently available for lease.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Frisco
    County
    Collin
    State
    Texas
    Longitude
    -96.7831
    Latitude
    33.1881

    Comparable in this City

    • Value Estimation by Request
      1,200 SF

      Charismatic Pkwy

      Medical Office Space
      0 Charismatic Pkwy, Frisco, TX 75035
      View Details
    • Value Estimation by Request

      8953 Coit Rd

      Lifestyle centers
      8953 Coit Rd, Frisco, TX 75035
      View Details
    • Value Estimation by Request

      Coit Rd

      Retail properties & Spaces
      0 Coit Rd, Frisco, TX 75035
      View Details
    • Value Estimation by Request
      28,164 SF

      Seq Coit Rd. & Charismatic Pkwy

      Neighborhood centers
      0 Seq Coit Rd. & Charismatic Pkwy, Frisco, TX 75035
      View Details
    • Value Estimation by Request
      241,509 SF

      Preston Rd. & Lebanon Rd

      Restaurants
      0 Preston Rd. & Lebanon Rd, Frisco, TX 75035
      View Details
    • Value Estimation by Request
      8,125 SF

      7875 Custer Rd

      Retail properties & Spaces
      7875 Custer Rd, Frisco, TX 75035
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      10,550 SF

      New Retail Space For Sale

      High-quality, partially occupied retail space constructed in 2023.
      16809 Coit Rd, Frisco, TX 75035
      View Details
    • Contact for pricing
      17,926 SF

      Frisco Commercial Building For Sale

      Commercial building in Frisco, TX, ideal for various businesses.
      7040 Independence Pkwy, Frisco, TX 75035
      View Details
    • Contact for pricing

      Corner Commercial Shell Space Available

      Professional and medical shell space in a mixed-use development.
      12923 Main St, Frisco, TX 75035
      View Details
    • Contact for pricing
      9,292 SF

      Frisco Retail Center For Sale

      100% leased, 9,292 SF retail center in Frisco, TX.
      15801 Rolater Rd, Frisco, TX 75035
      View Details
    • Contact for pricing

      Retail Building in Prime Frisco

      6,000 SF retail building with high visibility and ample parking.
      10010 Coit Rd, Frisco, TX 75035
      View Details
    • Contact for pricing

      Retail/Restaurant Space with Drive-Thru

      Retail/Restaurant space available with drive-thru in Frisco, TX.
      8953 Coit Rd, Frisco, TX 75035
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,995 SF

      Restaurant with Drive-Thru Opportunity

      Freestanding restaurant with drive-thru in a vibrant retail corridor.
      5350 Preston Rd, Frisco, TX 75035
      View Details
    • $38 SF/Yr
      8,125 SF

      Lakes Retail Center: Frisco, TX

      Prime Frisco Retail Space Available
      7875 Custer Rd, Frisco, TX 75035
      View Details
    • Contact for pricing

      Frisco Retail Space For Rent

      Retail space available in Frisco's high-income trade area.
      12828 El Dorado Pkwy, Frisco, TX 75035
      View Details
    • Contact for pricing

      New Retail and Office Development

      Shell delivery retail and office spaces in Frisco, TX.
      10040 Coit Rd, Frisco, TX 75035
      View Details
    • Contact for pricing
      200,000 SF

      New Frisco Retail/Office Space

      Brand new mixed-use spaces in prime Frisco location.
      10402 Coit Rd, Frisco, TX 75035
      View Details
    • Contact for pricing

      Legacy East Town Center Land

      13.28 acres of land for development in Arlington, TX.
      East Town Ctr, Arlington, TX 75035
      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.
    Frisco Nec Panther Crk & Hillcrest Rd
    Frisco, TX 75035
    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
    Frisco Nec Panther Crk & Hillcrest Rd, Frisco, TX, 75035
    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!