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    Property profile & analytics

    1221 University Dr Prosper, TX 75078

    • Commercial real estate
    • 15,247 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US83-0287398
    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

    • Commercial real estate

    Property Details for 1221 University Dr

    Year built
    2024
    Property size
    15,247 SF
    Property type
    Commercial real estate

    Description

    University Plaza Prosper, a brand-new, single-story office building (15,247 total square feet) located at 1221 E University Dr, Prosper, TX 75078, offers exceptional leasing opportunities. Completed in November 2024, this prime location boasts high visibility and accessibility on University Dr/Hwy 380, ensuring significant traffic exposure. The building features a modern design and offers flexible space options, with a minimum divisible space of 1,600 square feet and the potential to lease the entire 15,247 square feet contiguously. Ceiling heights range from 18 to 21 feet, providing versatile space for various business needs. Ample parking is available with 65 spaces provided for tenants and their clients. The building is a shell space, allowing for complete customization to suit individual tenant requirements. This presents a unique chance to establish or expand your business in a thriving Prosper, Texas location with exceptional potential for growth and success. The property is ideally suited for a variety of office uses.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Prosper
    County
    Collin
    State
    Texas
    Longitude
    -96.787903
    Latitude
    33.2195449

    Comparable in this City

    • $32 SF/Yr
      11,346 SF

      Prosper Trail Office Suites

      Modern medical & office spaces available
      1630 Prosper Trl, Prosper, TX 75078
      View Details
    • $2,650 /Mo
      243,108 SF

      New Office Space in Prosper

      New office space in a rapidly growing DFW city.
      2120 Pr Dr, Prosper, TX 75078
      View Details
    • $3,000 /Mo
      241,758 SF

      Luxury Office Suite in Prosper

      Luxury office suite in rapidly growing Prosper, Texas.
      291 S Preston Rd, Prosper, TX 75078
      View Details
    • $32 SF/Yr
      1,185 SF

      Move-in Ready Medical/Professional Office Space

      Finished medical/professional office space near Star Trail community in Prosper, TX.
      1630 W Prosper Trl, Prosper, TX 75078
      View Details
    • $3,938 /Mo
      1,390 SF

      New Office Space in Prosper

      New construction office space suitable for multiple businesses in Prosper.
      2120 Pr Dr, Prosper, TX 75078
      View Details
    • $27 SF/Yr
      1,185 SF

      Move-in Ready Medical/Professional Office

      Finished medical/professional office space in Prosper, near Star Trail.
      1630 W Prosper Trl, Prosper, TX 75078
      View Details

    Similar Nearby for Sale

    • $990,000
      7,956 SF

      Prosper Office Building - For Sale

      Prime Prosper Office Space, 7,956 SF, 8.27 Acres
      150 Preston Rd, Prosper, TX 75078
      View Details
    • Contact for pricing
      4,840 SF

      New Office Building Near Downtown

      Recently constructed office building with high-end finishes and ample parking.
      130 South Preston Rd, Prosper, TX 75078
      View Details
    • $304,999
      2,400 SF

      Downtown Prosper Commercial Lot

      Prime .08-Acre Office Development Site
      109 Broadway St, Prosper, TX 75078
      View Details
    • $950,000
      1,660 SF

      Prosper Office Building - Prime Location

      Modern Office Space, Fully Renovated, 0.54 Acres
      701 1St St, Prosper, TX 75078
      View Details
    • $3,100,000
      6,948 SF

      Prosper Medical Office Building For Sale

      Medical office building with long-term lease and quality construction.
      1120 Coit Rd, Prosper, TX 75078
      View Details
    • $170,000
      2,400 SF

      2111 E Universal Dr, Unit 60

      Indian Vegetarian Restaurant for sale
      2111 E Universal Dr, Prosper, TX 75078
      View Details

    Similar Nearby for Lease

    • $32 SF/Yr
      11,346 SF

      Prosper Trail Office Suites

      Modern medical & office spaces available
      1630 Prosper Trl, Prosper, TX 75078
      View Details
    • $2,650 /Mo
      243,108 SF

      New Office Space in Prosper

      New office space in a rapidly growing DFW city.
      2120 Pr Dr, Prosper, TX 75078
      View Details
    • $3,000 /Mo
      241,758 SF

      Luxury Office Suite in Prosper

      Luxury office suite in rapidly growing Prosper, Texas.
      291 S Preston Rd, Prosper, TX 75078
      View Details
    • $32 SF/Yr
      1,185 SF

      Move-in Ready Medical/Professional Office Space

      Finished medical/professional office space near Star Trail community in Prosper, TX.
      1630 W Prosper Trl, Prosper, TX 75078
      View Details
    • $3,938 /Mo
      1,390 SF

      New Office Space in Prosper

      New construction office space suitable for multiple businesses in Prosper.
      2120 Pr Dr, Prosper, TX 75078
      View Details
    • $27 SF/Yr
      1,185 SF

      Move-in Ready Medical/Professional Office

      Finished medical/professional office space in Prosper, near Star Trail.
      1630 W Prosper Trl, Prosper, TX 75078
      View Details
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    1221 University Dr
    Prosper, TX 75078
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    Realmo Value Estimation

    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.

    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.

    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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