Entity Owned 
For Sale
$850,000
1405 W University Dr, McKinney, TX 75069
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Property summary
AI-generated overview
The property is a commercial office building in McKinney, Texas, located on University Drive. It is configured as eight separate office suites and contains approximately 3,890 square feet of total office space. The building’s frontage on University Drive provides exposure to high vehicular traffic.
Property profile
Verified
Property type
Other commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1968
Construction
FRAME
Total area
3,429 SF
Lot
0.23 ac (10,019 SF)
Zoning code
BN
APN
R-0870-028-028Q-1
UPID
US82-4654625
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Law Firm
-
(Bike/Boat/Book/etc) Store
-
Building Supply General Contractor
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$330k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$330k
Owner & transaction history
since 2021
6 recorded transactions
Zoning & alternative use
BN · Mckinney, TX
Zoning description
b. Lots zoned BN - Neighborhood Business or BG - General Business Zoning Districts Pursuant to §203G.1, Design Exception, the following zoning district requirements may be eligible for a Design Exception: I. Residential…
General category
COMMERCIAL
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 5 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$330k
Value range
$297k – $363k
±10% around blend
Estimated value / SF
$96 / SF
Confidence
High
5 county-verified comps
Property data
100
Comparable evidence
50
Income certainty
100
$297k
blend $330k
$363k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
3,429 SF
Lot area
0.23 ac
Year built
1968
Stories
1
APN
R-0870-028-028Q-1
Zoning
BN
Assessed value
$298,690
Annual tax
$5,598
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$5,598
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$1.68M
Weighted, 5 comps · high confidence
Evidence
5 found · 5 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
9.9 mi away · 2,692 SF
15.7 mi away · 3,154 SF
19.9 mi away · 4,454 SF
24.0 mi away · 3,659 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$330k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 5 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
from $99/month
Overview
Selected market yield
6.02%
Selected cap rate for this other commercial real estate
Derived from the McKinney market rent, vacancy and expense benchmarks for this use type.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 6.02%
9.0%
NOI (est.)
$51k *
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$849k
Move the market yield to see immediate price impact.
Value / SF
$248
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.52%6.02%6.52%
$46k
$834k
$764k
$706k
$51k
$926k
$849k
$784k
$56k
$1.02M
$934k
$863k
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
5 found
High confidence · county-verified
Closest comparable
$1.70M
4.1 mi · May 2026 · $539/SF
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$5,598
Tax year 2022
Assessed value
$298,690
Assessed 2023
Previous assessed
$279,353
+6.9% YoY
Effective rate
1.87%
On assessed value
Assessed land
$150,282
Assessed improvement
$148,408
Land market value
$150,282
Improvement market value
$148,408
Total market value
$298,690
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Other commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Sale
Year built
1968
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Rooms
4
Bathrooms
2
Total area
3,429 SF
Lot
0.23 ac (10,019 SF)
Zoning code
BN
APN
R-0870-028-028Q-1
UPID
US82-4654625
Jurisdiction
COLLIN
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
BN · Mckinney, TXZoning BN · permitted uses
BN · Mckinney, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
b. Lots zoned BN - Neighborhood Business or BG - General Business Zoning Districts Pursuant to §203G.1, Design Exception, the following zoning district requirements may be eligible for a Design Exception: I. Residential…
General category
COMMERCIAL
Building & site characteristics
From public records
Year built
1968
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Rooms
4
Bathrooms
2
Lot
0.23 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
BN
COMMERCIAL
Jurisdiction
Mckinney, TX
Recorded code
BN
Official district
BN
Official district profile
What the municipal code says about BN
Zoning description
b. Lots zoned BN - Neighborhood Business or BG - General Business Zoning Districts Pursuant to §203G.1, Design Exception, the following zoning district requirements may be eligible for a Design Exception: I. Residential…
General category
COMMERCIAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for BN in Mckinney, TX.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 30 · 300 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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