4819 State Hwy 121 The Colony, TX 75056-2907
This exceptional Class A office building, located at 4819 State Hwy 121, Suite 10, The Colony, TX 75056, presents a compelling investment opportunity. Boasting 4,212 to 4,450 square feet across one story, this property is ideally situated on the frontage road of the Sam Rayburn Tollway (HWY 121) and Main Street, benefiting from high visibility and a significant traffic count of 109,704 vehicles daily (source: CoStar). The building features eleven luxurious executive suites, each with its own US Postal address, making it suitable for medical or professional office use. Currently generating rental income until February 2025, the new owner can continue leasing individual units or occupy the entire space. The property is part of a two-building complex offering a synergistic professional environment with ample parking and fully maintained landscaping. Its prime location offers easy access to the North Dallas Tollway and is surrounded by numerous retail and restaurant amenities, including major national brands such as TopGolf, Studio Movie Grill, Nebraska Furniture Mart (Grandscape), and Toyota HQ. Building and monument signage is available, ensuring maximum brand exposure. The property offers convenient in-and-out office entrances and easy parking. The asking price is $1,600,000. Broker co-op is available.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.