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Property profile & analytics
OFF-MARKET
Office Spaces

4819 State Hwy 121 The Colony, TX 75056-2907

1,975 SF 1.95 ac lot Built 2015
Entity Owned 5-yr Hold Free & Clear
Property ID
US83-1768373
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
Year built 2015
Total area 1,975 SF
Lot 1.95 ac (84,811 SF)
APN R693810
UPID US83-1768373
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Colony Building LLC · 5 yrs held
Colony Building LLC
since 2021
1 recorded transaction
2021
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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