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Property profile & analytics
OFF-MARKET Estimated value $875,000
Office buildings

4783 Preston Rd Frisco, TX 75034-8502

23,686 SF 1.76 ac lot Built 2004
Entity Owned ~ Est. High Equity
Property ID
US82-1969955
Property summary
AI-generated overview

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
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2004
Total area 23,686 SF
Lot 1.76 ac (76,491 SF)
Zoning code COMM
APN R-4427-001-005R-1
UPID US82-1969955
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
Current use
Occupant on record · Public records
  • Rock Creek Resort Association Or Organization
  • Lorraine Obiefule, Realtor®, CLRA Real Estate Agency
  • Realty Town at KW Real Estate Agency
  • Nevin Chacko, REALTOR® at Beam Real Estate LLC. Real Estate Agency
  • Keller Williams Frisco Stars Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$810k
CAP Approach CAP
by Request
Comparable Approach Comparable
$941k
Blend (final) Blend
$875k
Owner & transaction history
Second Docs INC
Second Docs INC
since 2026
7 recorded transactions
2026
$7.6M
2020
Price N/A
2019
Price N/A
2019
Price N/A
2018
Price N/A
2017
Price N/A
2004
Price N/A
Zoning & alternative use
COMM · Frisco, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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