Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    15550 Preston Rd Frisco, TX 75033-8901

    • Commercial real estate
    • 19,200 SF
    • 2.56 lot acres
    OFF-MARKET
    Value Estimations
    $1,185,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-9180751
    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

    • Victoria Johnson - Your Insurance Artist / Insurance Agency
    • Prestige Pool and Patio / General Contractor
    • The Grill Store / (Bike/Boat/Book/etc) Store / Home Appliance Store

    Property Details for 15550 Preston Rd

    Year built
    2015
    Lot size
    2.56 lot acres
    Property size
    19,200 SF
    Property type
    Commercial real estate
    APN
    R-10905-00A-0010-1
    APU
    R1090500A00101

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Frisco
    County
    Collin
    State
    Texas
    Longitude
    -96.8018
    Latitude
    33.2064
    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
    $68,325
    $1,336,595
    $2,500,319
    $3,836,914
    -
    $1,336,595
    $2,500,319
    $3,836,914

    Comparable in this City

    • Value Estimation by Request
      6.70 Acres

      Neq Of Preston Rd

      Land • 6.70 Acres
      0 Neq Of Preston Rd, Frisco, TX 75033
      View Details
    • Value Estimation by Request
      1.45 Acres

      Fm 2934

      COMMERCIAL (GENERAL) • 1.45 Acres
      Fm 2934, Frisco, TX 75033
      View Details
    • Value Estimation by Request
      9.43 Acres

      12333 Briar Rdg Rd

      COMMERCIAL (GENERAL) • 9.43 Acres
      12333 Briar Rdg Rd, Frisco, TX 75033-2980
      View Details
    • Value Estimation by Request
      28.00 Acres

      Dnt & Pga Pkwy

      Individual retail properties • 28.00 Acres
      0 Dnt & Pga Pkwy, Frisco, TX 75033
      View Details
    • Value Estimation
      $1,155,000
      5,654 SF

      13136 Dallas Pkwy Ste, Unit 510

      COMMERCIAL CONDOMINUIM • 5,654 SF
      13136 Dallas Pkwy Ste, Frisco, TX 75033-4247
      View Details
    • Value Estimation
      $3,540,000
      137,020 SF

      6644 All Stars Ave

      COMMERCIAL (GENERAL) • 137,020 SF
      6644 All Stars Ave, Frisco, TX 75033-2202
      View Details

    Similar Nearby for Sale

    • $1,899,000
      0.25 Acres

      Frisco Retail Development Opportunity

      High-visibility corner lot near Frisco Square for redevelopment.
      7510 Main St, Frisco, TX 75033
      View Details
    • $815,000
      0.29 Acres

      Land in Exclusive PGA Frisco

      Build your dream home in the Preserve neighborhood at PGA Frisco.
      274 Dudley St, Frisco, TX 75033
      View Details
    • $438,925
      905 SF

      Frisco Office Condo - Move-In Ready

      905 SF Office, Prime Frisco Location
      4300 Punjab Way, Frisco, TX 75033
      View Details
    • $650,000
      0.20 Acres

      Corner Lot in Gated Community

      Prime corner lot in Frisco's prestigious, gated golf community.
      268 Dudley St, Frisco, TX 75033
      View Details
    • New
      $326,000
      0.18 Acres

      Cleared Corner Lot in Frisco

      Build-ready land with architectural plans in prime Frisco location.
      9749 Williford Trl, Frisco, TX 75033
      View Details
    • Contact for pricing

      Mixed-Use Development Opportunity

      Mixed-use development with high visibility and accessibility.
      2500 El Dorado Pkwy, Frisco, TX 75033
      View Details

    Similar Nearby for Lease

    • $36 SF/Yr
      8,973 SF

      Frisco Boutique Fitness Opportunity

      Standalone fitness or wellness opportunity in Frisco Rail District.
      7526 Main St, Frisco, TX 75033
      View Details
    • $750 /Mo

      Frisco Office Space Available

      Single office space with shared amenities in Frisco, Texas.
      8855 Preston Trace Rd, Frisco, TX 75033
      View Details
    • $9,000 /Mo
      88,427 SF

      Move-in Ready Frisco Office Space

      Private office with shared amenities in a prime Frisco location.
      4300 Punjab Way, Frisco, TX 75033
      View Details
    • New
      $2,000 /Mo
      37,897 SF

      Retail/Office Space in Frisco, TX

      Retail or office space in downtown Frisco's Rail District.
      6726 Main St, Frisco, TX 75033
      View Details
    • New
      $2,995 /Mo
      7,144 SF

      Retail Space in Downtown Frisco

      Corner lot retail space near Main Street in Frisco, TX.
      9021 3Rd St, Frisco, TX 75033
      View Details
    • Contact for pricing

      Frisco Office Park Near Tollway

      Office park in Frisco, near shopping, dining, and hospital.
      4645 Avon Ln, Frisco, TX 75033
      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.
    15550 Preston Rd
    Frisco, TX 75033-8901
    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!