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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3388 Main St Frisco, TX 75033-4552

    • Office Properties & Spaces
    • 3,299 SF
    • 2.26 lot acres
    OFF-MARKET
    Value Estimations
    $345,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US83-1959449
    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

    • Mapletree Family Dentistry - Jeffrey Bang DDS / Cosmetic Dentist / Denture Care Center
    • Laurie Leon - State Farm Insurance Agent / Insurance Agency / Auto Insurance Agency
    • Oliver Ghalambor, MD, DABA, FIPP, DABIPP, DABPM / Doctor / Pain Management Physician
    • Jeffrey Nanjoong Bang / Dentist
    • Kaitlyn Jeffcott / Neurologist

    Property Details for 3388 Main St

    Year built
    2008
    Lot size
    2.26 lot acres
    Property size
    3,299 SF
    Property type
    Office Properties & Spaces
    APN
    R613348
    APU
    R613348

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $325,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $367,000
      Market price range: $362k - $735k

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

    Location Insight

    • Map
    • Local Demand
    City
    Frisco
    County
    Denton
    State
    Texas
    Longitude
    -96.8608
    Latitude
    33.1537
    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
    2023
    $1,516
    $312,712
    $337,288
    $650,000
    -
    $312,712
    $337,288
    $650,000

    Comparable in this City

    • Value Estimation by Request
      2,656 SF

      4645 Wyndham Ln

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      4645 Wyndham Ln, Frisco, TX 75033
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    • Value Estimation by Request
      905 SF

      4300 Punjab Way

      Office Properties & Spaces • 905 SF
      4300 Punjab Way, Frisco, TX 75033
      View Details
    • Value Estimation
      $460,000
      5,000 SF

      11330 Legacy Dr Ste, Unit 103

      CONDOMINIUM OFFICES • 5,000 SF
      11330 Legacy Dr Ste, Frisco, TX 75033-1210
      View Details
    • Value Estimation by Request
      1,220 SF

      25663 Smotherman Rd

      Medical offices • 1,220 SF
      25663 Smotherman Rd, Frisco, TX 75033
      View Details
    • Value Estimation
      $390,000
      2,716 SF

      10150 Legacy Dr Ste, Unit 100

      CONDOMINIUM OFFICES • 2,716 SF
      10150 Legacy Dr Ste, Frisco, TX 75033-6730
      View Details
    • Value Estimation
      $265,000
      1,552 SF

      9191 Kyser Way Ste, Unit 100

      CONDOMINIUM OFFICES • 1,552 SF
      9191 Kyser Way Ste, Frisco, TX 75033-1954
      View Details

    Similar Nearby for Sale

    • $429,875
      905 SF

      Frisco Office Suite - Move-In Ready

      Modern Office Space, Prime Frisco Location
      4300 Punjab Way, Frisco, TX 75033
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    • $475,000
      1,300 SF

      Frisco Medical Office Complex

      Brand new, versatile office space in prime location.
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    • $438,925
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      Frisco Office Condo - Move-In Ready

      905 SF Office, Prime Frisco Location
      4300 Punjab Way, Frisco, TX 75033
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    • Contact for pricing
      4.35 Acres

      Frisco Shopping Center Land

      ±4.35 Acres, High-Traffic Location
      2500 El Dorado Pkwy, Frisco, TX 75033
      View Details
    • $2,300,000
      1.08 Acres

      Frisco Office on One Acre

      Stand-alone building on one acre in the heart of Frisco.
      8785 Mckinney Rd, Frisco, TX 75033
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    • $416,300
      2.03 Acres

      Move-in Ready Frisco Office Suite

      New construction office condo in prime Frisco location.
      4300 Punjab Way, Frisco, TX 75033
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    Similar Nearby for Lease

    • $37 SF/Yr
      2,656 SF

      Frisco Executive Office Suites

      Prime Frisco location, multiple suites available.
      4645 Wyndham Ln, Frisco, TX 75033
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    • Contact for pricing
      9,180 SF

      Preston Plaza: Frisco Office Space

      New Frisco Office Building, 9,180 SF Available
      10865 Preston Rd, Frisco, TX 75033
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    • $37 SF/Yr
      2,956 SF

      Frisco Executive Office Suites

      Prime Frisco location, multiple suites available.
      4645 Avon Ln, Frisco, TX 75033
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    • $30 SF/Yr
      10,400 SF

      West Frisco Medical Office Space

      Modern medical suites, 1300-2600 sqft
      25663 Smotherman Rd, Frisco, TX 75033
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    • Contact for pricing
      656 SF

      Office Space in Frisco, TX

      Office space available for lease in Frisco, Texas.
      1911 Fm 423, Frisco, TX 75033
      View Details
    • Contact for pricing
      4,947 SF

      Prime Corner Office Space Available

      Office suites for rent with high visibility and accessibility.
      5858 W Main St, Frisco, TX 75033
      View Details
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    3388 Main St
    Frisco, TX 75033-4552
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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.

    More about this property
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