2.41 Acres Lot
2.41 Acres Lot
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Subdivision Keller Williams Add Ph 1
MLS Listing ID 21380058
Total Fin. Sqft 22334
Year Built 2018
Lot Size 2.411 Acres
Acres 2.411
Property Sub-Type Office
Property Description
The listed property for sale is priced on a 100% fully leased office building. The office building has a projected $619,219 Net Operating Income for 2027, based on a $9,500,000 price the Cap Rate is 6.5%. The building is at 86% occupancy at this time.
There is an additional 1.6 acre land parcel priced at $1,500,000 located behind the listed building also for sale but the building plus the 1.6 acres is available at $10,000,000.
Location
State TX
County Collin
Zoning Commercial
Direction Located on Preston Rd. north of Collin County Outer Loop
Interior
Heating Central, Natural Gas
Cooling Central Air, Electric
Flooring Ceramic Tile
Heat Source Central, Natural Gas
Exterior
Utilities Available All Weather Road, City Sewer, City Water, Concrete, Curbs, Individual Gas Meter, Individual Water Meter, Sidewalk, Underground Utilities
Roof Type Built-Up,Metal
Garage No
Building
Lot Description Acreage
Foundation Slab
Structure Type Brick
Others
Acceptable Financing 1031 Exchange, Cash, Contact Agent, Conventional, Not Assumable
Listing Terms 1031 Exchange, Cash, Contact Agent, Conventional, Not Assumable
