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Property profile & analytics
FOR LEASE
Office buildings
5858 W Main St Frisco, TX 75033
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US82-0360684
For Lease
1 / 3
$8,745,000
5858 W Main St, Frisco, TX 75033
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2006
Total area
54,103 SF
Lot
3.42 ac (148,801 SF)
APN
R-4451-001-01R2-1
UPID
US82-0360684
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
-
Cragun Endodontics Dental Office
-
Dental Arts of Frisco Dental Office
-
Cook Periodontics Dental Office
-
Texas Retina Associates Medical Clinic Ophthalmologist
-
Dr. Daniel S. Edwards, DDS Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.90M
Blend (final)
Blend
$8.75M
Owner & transaction history
Spt Ivey Frisco Mob LLC · 9 yrs held
Spt Ivey Frisco Mob LLC
since 2017
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Frisco submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Frisco submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$8.75M
Range $7.87M – $9.62M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$162 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$219,607
Tax year 2022
Assessed value
$12,200,000
Assessed 2023
Previous assessed
$11,600,000
+5.2% YoY
Effective rate
1.80%
On assessed value
Assessed land
$3,273,621
Assessed improvement
$8,926,379
Land market value
$3,273,621
Improvement market value
$8,926,379
Total market value
$12,200,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
2006
Heating
NONE
Stories
1
Total area
54,103 SF
Lot
3.42 ac (148,801 SF)
APN
R-4451-001-01R2-1
UPID
US82-0360684
Jurisdiction
COLLIN
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2006
Heating
NONE
Stories
1
Lot
3.42 ac
Current owner
From public records · entity-resolved
Spt Ivey Frisco Mob LLC
Entity
Mailing address
591 W PUTNAM AVE, GREENWICH, CT 06830-6005
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 10, 2024
—
Spt Ivey Frisco Mob LLC
—
Deed
related
$450,500,000 · Citi Real Estate Funding INC
Nov 4, 2019
—
Spt Ivey Frisco Mob LLC
—
Grant Deed
related
$490,000,000 · Deutsche Bk Ag/ny Branch
Jan 3, 2017
—
Spt Ivey Frisco Mob LLC
Ga Hc Reit II Frisco Mob LLC
Trustees Deed
$528,819,466 · Capital One NA
Sep 28, 2012
—
Ga Hc Reit II Frisco Mob LLC
Frisco Do Partners LP
Quit Claim Deed
related
—
Jun 17, 2009
—
Frisco Do Partners
Pcb Properties LLC
Grant Deed
$10,000,000 · Park Cities Bank
May 5, 2009
$8,000,000
Pcb Properties LLC
Metzger Steven C
Trustees Deed
—
Mar 25, 2009
—
Dallas Parkway Crossing L Main
—
Trustees Deed
related
$9,618,774 · Park Cities Bank
Oct 30, 2008
—
Dallas Parkway Crossing L Main
—
Trustees Deed
related
$8,793,184 · Park Cities Bank
Jan 27, 2006
—
Dallas Parkway Crossing L Main
Goodman 720 Ptshp Ltd
Grant Deed
$8,793,184 · Park Cities Bank
—
—
Dallas Parkway Crossing L Main
—
Deed Of Trust
related
$153,128 · Tax Ease Funding LP
—
—
Ga Hc Reit II Frisco Mob LLC
—
Deed Of Trust
related
$1,878,000,000 · Column Fin'l
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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