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    Property profile & analytics

    1125 Legacy Dr Frisco, TX 75034

    • Office buildings
    • 44,140 SF
    • 2.02 lot acres
    For Lease
    View listing
    Value Estimations
    $1,035,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-4030459
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Jerry Durham - Concierge Realtor / Real Estate Agency
    • Cantina Laredo / Restaurant
    • Starcrest Realty LLC / Real Estate Agency
    • FedEx Drop Box / Postal Service / Courier Service
    • Sona Dermatology / Physician / Medical Clinic

    Property Details for 1125 Legacy Dr

    Year built
    2005
    Lot size
    2.02 lot acres
    Property size
    44,140 SF
    Property type
    Office buildings
    APN
    R-8968-00A-0010-1
    APU
    R896800A00101

    Description

    Stonebriar Commons - Building 1, located at 1125 Legacy Dr, Frisco, TX 75034, offers exceptional office space for lease. This three-story Class B building provides flexible suites ranging from 1,800 to 3,991 square feet, ideal for businesses seeking traditional or executive office space. The property features multiple tenancies, allowing for diverse occupancy options. Situated in the thriving Stonebriar neighborhood, the building enjoys unparalleled access to a wealth of amenities, including numerous restaurants, shops, hotels, and entertainment venues. Its prime location offers convenient access to major transportation arteries, such as the Dallas North Tollway and SH-121, providing easy commutes to surrounding areas like Legacy West and Shops at Legacy. The area boasts a strong concentration of major employers, including The Dallas Cowboys HQ, Dallas Stars HQ, Toyota HQ, TIAA Cref, KDP, Liberty Mutual, and a new Universal Studios development, creating a vibrant and dynamic business environment. This exceptional location offers businesses the perfect blend of upscale surroundings and convenient access to key transportation routes and a wide array of amenities. Contact us today to schedule a viewing and explore the leasing opportunities available at Stonebriar Commons.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $640,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,429,000
      Market price range: $350k - $3.06M

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

    Location Insight

    • Map
    • Local Demand
    City
    Frisco
    County
    Collin
    State
    Texas
    Longitude
    -96.8399
    Latitude
    33.0875
    CBSA code
    19100
    CBSA name
    DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $169,459
    $2,644,571
    $6,445,029
    $9,089,600
    -
    $2,644,571
    $6,445,029
    $9,089,600

    Comparable in this City

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      5550 Warren Pkwy

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      View Details
    • Value Estimation
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      358,496 SF

      6425 Hall Of Fame Ln

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      6425 Hall Of Fame Ln, Frisco, TX 75034-1954
      View Details
    • Value Estimation
      $3,755,000
      151,400 SF

      2600 Network Blvd

      OFFICE BUILDING • 151,400 SF
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    • Value Estimation by Request
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      6930 Parkwood Blvd

      OFFICE BUILDING • 4,212 SF
      6930 Parkwood Blvd, Frisco, TX 75034-7441
      View Details
    • Value Estimation
      $2,115,000
      102,975 SF

      38013803 Parkwood Blvd

      OFFICE BUILDING • 102,975 SF
      38013803 Parkwood Blvd, Frisco, TX 75034
      View Details

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      View Details
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    Frisco, TX 75034
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    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
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