Property summary
This exceptional Frisco office building, situated on a prominent 1.76-acre lot on Preston Road, presents a compelling investment or owner-user opportunity. The 23,686 square foot building boasts a high-traffic location with an estimated 56,000 cars passing daily, providing unparalleled visibility for tenants. Currently, 64% (15,406 square feet) is leased to Keller Williams on a triple-net (NNN) lease with seven years remaining, generating a consistent income stream. A significant portion of the building, approximately 5,600 square feet, is currently vacant, offering an immediate opportunity for an owner-user to occupy space while benefiting from existing rental income. This presents a unique chance to either lease the vacant space to additional tenants, maximizing rental income, or utilize it for your own business operations. The building's design is aesthetically pleasing and well-maintained, making it an attractive option for both tenants and owner-occupants. This property offers a rare blend of immediate income generation and significant potential for future growth and value appreciation. The high-profile Preston Road location ensures exceptional exposure and accessibility, making it an ideal investment in the thriving Frisco market.
Property profile
VerifiedCap rate & NOI
Current use
-
Association Or Organization
-
Real Estate Agency
-
Real Estate Agency
-
Real Estate Agency
-
Real Estate Agency
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
COMM · Frisco, TXZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for COMM in Frisco, TX.
Registration is required before the official district profile is shown.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight