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Property profile & analytics
OFF-MARKET Estimated value $1,465,000
Commercial real estate

2840 Flower Mound Rd Flower Mound, TX 75022-4802

23,021 SF 1.75 ac lot Built 2018
Entity Owned 8-yr Hold Free & Clear
Property ID
US83-1820409
Property summary
AI-generated overview

Remington Place, a Class B commercial property located at 2840 Flower Mound Rd, Flower Mound, TX 75022, offers a variety of office and retail spaces. This single, two-story building, constructed in 2018, totals 22,253 square feet and sits on a 1.75-acre lot. The property is zoned commercial and features 71 parking spaces. Multiple tenancy options are available, with spaces ranging from a minimum of 2,169 square feet to a maximum contiguous space of 7,389 square feet. Currently, 14,719 square feet is vacant. The building boasts a diverse range of suite types, including traditional office, executive office, coworking, and creative office spaces, along with retail units. Its location in the thriving Flower Mound business park provides convenient access to major highways and a variety of surrounding businesses. The property's building floor area ratio (FAR) is 0.29. This presents a unique opportunity for businesses seeking flexible and adaptable spaces in a prime Flower Mound location. The property's APN is R679979. This is an excellent opportunity for businesses looking to establish or expand their presence in a dynamic and convenient location. The building offers a blend of functionality and style, making it ideal for a variety of business needs.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2018
Total area 23,021 SF
Lot 1.75 ac (76,404 SF)
APN R679979
UPID US83-1820409
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.47M
Owner & transaction history
Fab 5 Management LLC · 8 yrs held
Fab 5 Management LLC
since 2017
5 recorded transactions
2019
Price N/A
2019
Price N/A
2017
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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