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    3200 Long Prairie Rd Flower Mound, TX 75022
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    3200 Long Prairie Rd, Flower Mound, TX 75022

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    • Office buildings
    • 7,500 SF
    For Sale
    View Listing →
    Flower Mound Office Building For Sale For Sale
    Contact for pricing
    7,500 SF

    Flower Mound Office Building For Sale

    One-story office building near Cross Timbers and FM 2499.

    3200 Long Prairie Rd, Flower Mound, TX 75022
    View Listing
    Property ID
    US83-1993336
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office buildings

    Property Details for 3200 Long Prairie Rd

    Property type
    Office buildings
    Property subtype
    Medical Office Space

    Description

    Very attractive one-story brick building located near busy Cross Timbers and FM 2499. Small office park with easy access to/from Flower Mound, Lewisville, Highland Village, and surrounding communities and roadways. Great demographics and signage on FM 2499/Long Prairie Road. Ideal for General Office, Medical or Dental. Monument and Building signage available. Finest amenities within the Flower Mound/Highland Village Commercial Corridor. Easy commute to DFW International Airport. Easy commute to executive housing and top rated public schools. Approximately 1 mile south of the Presbyterian Hospital of Flower Mound in the Riverwalk at Central Park.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Flower Mound
    County
    Denton
    State
    Texas
    Longitude
    -97.0701964
    Latitude
    33.0287548

    Comparable in this City

    • Contact for pricing
      7,500 SF

      Flower Mound Office Building

      One-story office building near Cross Timbers and FM 2499.
      3200 Long Prairie Rd, Flower Mound, TX 75022
      View Details
    • $1,900,000
      1.09 Acres

      Garden Style Office Park

      Seven-boutique building office campus built in 2002, offering a polished, garden-style setting for professional tenants.
      1001 Long Prairie Rd, Flower Mound, TX 75022
      View Details
    • Contact for pricing
      14,785 SF

      Coppell Office Space For Rent

      Office space available in Coppell with excellent frontage and visibility.
      3360 Long Prairie Rd, Coppell, TX 75022
      View Details
    • $3,995,000

      Modern Office Building For Sale

      Modern office building in Flower Mound with strong tenant mix.
      3360 Long Prairie Rd, Flower Mound, TX 75022
      View Details
    • $750,000
      2.03 Acres

      Land Opportunity in Flower Mound

      Prime land in Flower Mound, Texas, with endless possibilities.
      3800 Old Settlers Rd, Flower Mound, TX 75022
      View Details
    • New
      $2,000,000
      9.88 Acres

      Flower Mound Horse Property Land

      Approximately 10 acres of horse property with sandy loam soil.
      4401 Red Rock Ln, Flower Mound, TX 75022
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      7,500 SF

      Flower Mound Office Building

      One-story office building near Cross Timbers and FM 2499.
      3200 Long Prairie Rd, Flower Mound, TX 75022
      View Details
    • $1,900,000
      1.09 Acres

      Garden Style Office Park

      Seven-boutique building office campus built in 2002, offering a polished, garden-style setting for professional tenants.
      1001 Long Prairie Rd, Flower Mound, TX 75022
      View Details
    • Contact for pricing
      14,785 SF

      Coppell Office Space For Rent

      Office space available in Coppell with excellent frontage and visibility.
      3360 Long Prairie Rd, Coppell, TX 75022
      View Details
    • $3,995,000

      Modern Office Building For Sale

      Modern office building in Flower Mound with strong tenant mix.
      3360 Long Prairie Rd, Flower Mound, TX 75022
      View Details
    • $750,000
      2.03 Acres

      Land Opportunity in Flower Mound

      Prime land in Flower Mound, Texas, with endless possibilities.
      3800 Old Settlers Rd, Flower Mound, TX 75022
      View Details
    • New
      $2,000,000
      9.88 Acres

      Flower Mound Horse Property Land

      Approximately 10 acres of horse property with sandy loam soil.
      4401 Red Rock Ln, Flower Mound, TX 75022
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,100 SF

      Flower Mound Medical Office Suites

      Medical office suites available for lease in Flower Mound.
      3208 Long Prairie Rd, Flower Mound, TX 75022
      View Details
    • $2,056 /Mo
      45,607 SF

      Medical Office Suites

      Two medical suites available along a highly trafficked Long Prairie Road corridor, suitable for immediate occupancy or growth.
      3208 Long Prairie Rd, Flower Mound, TX 75022
      View Details
    • Contact for pricing
      2,258 SF

      Flower Mound Dental Office Space

      2,258 SF second-generation dental office in Flower Mound, TX.
      4251 Cross Timbers Rd, Flower Mound, TX 75022
      View Details
    • Contact for pricing

      Flower Mound Office Space Available

      Prime commercial office space for lease in Flower Mound, TX.
      3360 Long Prairie Rd, Flower Mound, TX 75022
      View Details
    • Contact for pricing
      120,000 SF

      Class A Office Space Available

      New office building in Flower Mound's Lakeside Business District.
      1 Long Prairie Rd, Flower Mound, TX 75022
      View Details
    • Contact for pricing
      1,952 SF

      Office Space in Irving, TX

      Office space available for rent in Irving, Texas.
      3492 Long Prairie Rd, Irving, TX 75022
      View Details
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    Flower Mound, TX 75022
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    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.

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    3200 Long Prairie Rd, Flower Mound, TX, 75022
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