Technical
Financial
Distress signals
Property profile

1518 Legacy Dr Frisco, TX 75034

FOR LEASE
Office buildings
Property ID
US82-3959059
28,455 SF 2.06 ac lot Built 2007
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional two-story, Class B office building, totaling 27,125 square feet, offers a variety of flexible suite sizes perfect for businesses of all scales. Built in 2007 and extensively renovated in 2022, the property boasts 10 total suites, with a minimum divisible space of 586 square feet and a maximum contiguous space of 4,017 square feet. Currently, 4,603 square feet is available for lease. The building's prime location at 1518 Legacy Dr, Frisco, TX 75034, offers unparalleled accessibility. Situated near the intersection of the Sam Rayburn Tollway, this location benefits from high visibility and exceptional traffic counts exceeding 200,000 vehicles daily. Its proximity to Legacy West and Legacy East, home to numerous Fortune 1000 companies and a major shopping district, provides employees with convenient access to amenities and a vibrant business environment. This is a rare opportunity to secure modern, well-maintained office space in one of Frisco's most desirable locations. The building features multiple tenancy options, making it ideal for a variety of business needs. This property is a must-see for businesses seeking a strategic location and high-quality office space.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2007
Total area 28,455 SF
Lot 2.06 ac (89,821 SF)
APN R-9529-00A-002R-1
UPID US82-3959059

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
  • Alternative Medicine Practice
  • Alternative Medicine Practice
  • Pediatrician Medical Clinic
  • Corporate Office
  • IT Consulting Firm (Bike/Boat/Book/etc) Store

Location

1518 Legacy Dr Frisco, TX 75034
Frisco metro Census 30504 DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$635k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.10M
Blend (final) Blend
$870k

Owner & transaction history

since 2022
7 recorded transactions
2022
Price N/A
2009
Price N/A
2006
Price N/A
2005
Price N/A
2005
Price N/A
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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