Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    200 Cypress Bnd Pkwy Princeton, TX 75407

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    200 Cypress Bnd Pkwy Princeton, TX 75407

    View on Map
    • Office properties & Spaces
    • 4,500 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office properties & Spaces

    Property Details for 200 Cypress Bnd Pkwy

    Year built
    2022
    Property size
    4,500 SF
    Property type
    Office properties & Spaces
    Property subtype
    Medical Office Space

    Description

    This exceptional offering presents three meticulously designed office suites within a newly constructed, single-story building in desirable Collin County. The property boasts a total of 4,500 square feet, with 3,375 square feet currently available for lease. Individual suites range from a minimum of 1,125 square feet to a maximum contiguous space of 2,250 square feet, providing flexibility for various business needs. Built in 2022, the building features a contemporary design with high ceilings measuring 10 feet, creating a bright and spacious atmosphere. The property is ideally suited for both traditional office and medical office uses, offering a blank canvas for tenant build-outs. The generous tenant improvement allowance allows for customization to perfectly match your business requirements. The building consists of four structures, all single-story, providing ample parking and convenient access. This is a rare opportunity to secure modern, efficient office space in a thriving Collin County location. Immediate occupancy is available. The property is offered as multiple suites, allowing for flexibility in space requirements. Don't miss this chance to establish your business in this prime location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Princeton
    County
    Collin
    State
    Texas
    Longitude
    -96.5254
    Latitude
    33.1785

    Comparable in this City

    • Value Estimation by Request
      17,991 SF

      Nec Us 380 & Boorman Ln

      Restaurants • 17,991 SF
      0 Nec Us 380 & Boorman Ln, Princeton, TX 75407
      View Details
    • Value Estimation by Request
      4,500 SF

      200 Cypress Bnd Pkwy

      Office Units • 4,500 SF
      200 Cypress Bnd Pkwy, Princeton, TX 75407
      View Details
    • Value Estimation by Request
      17,960 SF

      2052 Fm 75

      Medical Office Space • 17,960 SF
      2052 Fm 75, Princeton, TX 75407
      View Details
    • Value Estimation by Request
      0.17 Acres

      410 Jefferson Ave

      Multifamily properties • 1,400 SF
      410 Jefferson Ave, Princeton, TX 75407
      View Details
    • Value Estimation by Request
      961 SF

      112 4th St

      OFFICE BUILDING • 961 SF
      112 4th St, Princeton, TX 75407-6593
      View Details
    • Value Estimation by Request
      1,715 SF

      120 Mcgee St

      OFFICE BUILDING • 1,715 SF
      120 Mcgee St, Princeton, TX 75407-6582
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      111,560 SF

      Assisted Living Facility with Medical Office

      164-unit assisted living facility with medical office in Princeton, TX.
      820 E Princeton Dr, Princeton, TX 75407
      View Details
    • Contact for pricing
      1,800 SF

      Versatile Commercial Property in Downtown Princeton

      Fully renovated commercial property ideal for various business ventures.
      213 Mckinney Ave, Princeton, TX 75407
      View Details
    • $550,000
      1,800 SF

      Princeton Commercial Property For Sale

      Commercial property in downtown Princeton, TX, suitable for various businesses.
      213 Mckinney Ave, Princeton, TX 75407
      View Details
    • Contact for pricing
      303,900 SF

      Land Near Princeton High School

      Land available across from Princeton High School on US 380.
      Swq 380 & Boorman Ln, Princeton, TX 75407
      View Details
    • Contact for pricing
      18,000 SF

      Versatile Commercial Property For Sale

      18,000 sq. ft. commercial property with office and industrial space.
      524 E Hazelwood St, Princeton, TX 75407
      View Details
    • $2,200,000
      18,244 SF

      Versatile Commercial Property in Princeton, TX

      18,244 sq ft commercial property with office and industrial space.
      524 E Hazelwood St, Princeton, TX 75407
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space for Lease

      Retail space available for lease in Princeton, Texas.
      1530 W Princeton Dr, Princeton, TX 75407
      View Details
    • Contact for pricing

      Prime Pad Site For Lease

      0.45 AC pad site with high visibility on US Highway 380.
      1000 W Princeton Dr, Princeton, TX 75407
      View Details
    • $3,150 /Mo
      1,984 SF

      Princeton Farm/Ranch with Acreage

      Updated home on 10 acres with lake views and pool.
      3840 County Road 770, Princeton, TX 75407
      View Details
    • Contact for pricing
      12,580 SF

      Retail Center Near Princeton High

      Retail spaces for lease near Princeton High School.
      955 Princeton Dr, Princeton, TX 75407
      View Details
    • Contact for pricing

      Commercial Pad Sites Available

      Pad sites available for ground lease, build-to-suit, or sale.
      540 Fm 75, Princeton, TX 75407
      View Details
    • Contact for pricing
      1,997 SF

      Retail Space For Lease

      17,991 SF retail space available for lease.
      1600 E Princeton Dr, Princeton, TX 75407
      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.
    200 Cypress Bnd Pkwy
    Princeton, TX 75407
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!