Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    5486 Independence Pkwy Frisco, TX 75035-4640

    • Office buildings
    • 10,210 SF
    • 1.51 lot acres
    OFF-MARKET
    Value Estimations
    $660,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-5415050
    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

    • 121 Animal Hospital / Veterinary Clinic
    • sdfdsfdsfsd / Construction Company / General Contractor
    • Handasjhga / Hardware & Home Improvement / General Contractor
    • Handaksjdha / Hardware & Home Improvement / General Contractor

    Property Details for 5486 Independence Pkwy

    Year built
    2010
    Lot size
    1.51 lot acres
    Property size
    10,210 SF
    Zone code
    R
    Property type
    Office buildings
    APN
    R-9366-00A-0010-1
    APU
    R936600A00101

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $580,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $739,000
      Market price range: $320k - $740k

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $610,000
      Current use

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

    Location Insight

    • Map
    • Local Demand
    City
    Frisco
    County
    Collin
    State
    Texas
    Longitude
    -96.7501
    Latitude
    33.1225
    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
    2022
    $56,795
    $1,379,367
    $1,820,633
    $3,200,000
    -
    $1,379,367
    $1,820,633
    $3,200,000

    Comparable in this City

    • Value Estimation by Request
      4,048 SF

      12560 Lebanon Rd

      OFFICE BUILDING • 4,048 SF
      12560 Lebanon Rd, Frisco, TX 75035-8256
      View Details
    • Value Estimation by Request
      4,860 SF

      6299 Ohio Dr

      OFFICE BUILDING • 4,860 SF
      6299 Ohio Dr, Frisco, TX 75035-7147
      View Details
    • Value Estimation by Request
      3,724 SF

      9325 Lebanon Rd

      OFFICE BUILDING • 3,724 SF
      9325 Lebanon Rd, Frisco, TX 75035-6077
      View Details
    • Value Estimation
      $1,950,000
      72,000 SF

      4461 Coit Rd

      OFFICE BUILDING • 72,000 SF
      4461 Coit Rd, Frisco, TX 75035-0521
      View Details
    • Value Estimation by Request
      4,040 SF

      8911 Coit Rd

      OFFICE BUILDING • 4,040 SF
      8911 Coit Rd, Frisco, TX 75035-5997
      View Details
    • Value Estimation
      $575,000
      10,417 SF

      5225 Independence Pkwy

      OFFICE BUILDING • 10,417 SF
      5225 Independence Pkwy, Frisco, TX 75035-4651
      View Details

    Similar Nearby for Sale

    • $375,000
      1,110 SF

      Frisco Office Condo - $375K

      Executive suite, prime Frisco location.
      11583 Independence Pkwy, Frisco, TX 75035
      View Details
    • $344,000
      4,713 SF

      New Frisco Office Space Available

      Newly constructed office space in a park-like Frisco setting.
      11583 Independence Pkwy, Frisco, TX 75035
      View Details
    • $540,000
      1,248 SF

      Frisco Office Space Available

      Move-in ready office space in Frisco, Texas for sale.
      7150 Holland Dr, Frisco, TX 75035
      View Details
    • $709,000
      1,542 SF

      Frisco Office Condo For Sale

      1,542 SF office condo in prime Frisco location.
      11619 Independence Pkwy, Frisco, TX 75035
      View Details
    • Contact for pricing
      9,478 SF

      Frisco Retail and Office Development

      New construction retail and office space in Frisco, Texas.
      15901 Rolater Rd, Frisco, TX 75035
      View Details
    • Contact for pricing
      2,692 SF

      Turnkey Medical Office Space

      Medical office space with waiting room, treatment rooms, and X-Ray.
      14660 State Highway 121, Frisco, TX 75035
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      3,430 SF

      Frisco Freestanding Office Building

      Freestanding office building in Frisco with high traffic and visibility.
      11500 State Highway 121, Frisco, TX 75035
      View Details
    • Contact for pricing
      1,930 SF

      Medical Office Space Near Hospital

      Class A medical office space available for lease.
      12500 Lebanon Rd, Frisco, TX 75035
      View Details
    • $3,684 /Mo
      373,614 SF

      New Office Space in Frisco

      Newly constructed office space with high-end finishes in Frisco.
      7101 Custer Rd, Frisco, TX 75035
      View Details
    • $30 SF/Yr

      Modern Medical Office in Frisco

      3,106 SF medical office space available for sublease/assignment.
      16100 State Highway 121, Frisco, TX 75035
      View Details
    • $40 SF/Yr
      19,998 SF

      New Mixed-Use Retail Space

      Brand-new retail and office spaces in a prime Frisco location.
      10402 Coit Rd, Frisco, TX 75035
      View Details
    • New
      $799 /Mo
      350 SF

      Centennial Park Flex Offices

      Adaptable office spaces with modern amenities and convenient location.
      4633 Coit Rd, Frisco, TX 75035
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5486 Independence Pkwy
    Frisco, TX 75035-4640
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!