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Days1429Days on Market
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$26

4783 Preston Rd, Frisco, TX, 75034

On MarketInfo
CommercialInfo
Baths0 Bath
Baths23,686 Sq Ft
OfficeOffice
Year BuiltBuilt in 2004

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringCarpet, Ceramic Tile

Exterior

Lot Size1.76 acres

Building Information

Year Built2004
Stories1

Land Information

APNR-4427-001-005R-1
Lot Number5R
SubdivisionFrisco Corners (Cfr)
Land UseCommercial
Legal DescriptionFRISCO CORNERS (CFR), BLK 1, LOT 5R; * REPLAT * REPLAT
Census Tract030505
Assessed Land Value$1,835,793
Assessed Improvement Value$4,121,207
Assessment Year2025

About this property

Office space with retail exposure to Preston Road with 56,000 cars per day that pass in front of this property. Suite 300 - 4,145 sf available for lease. Signage available on the side of the building above tenants entrance from the parking lot. Suite 300 - 4,145sf available for lease with building signage available fronting on Preston Road. Also Value Add or Owner User opportunity - potential for owner user to acquire entire building with income stream in place, and user can occupy 5,600sf recently vacated space for their own business. High Profile Preston Rd. site is available For Sale in Frisco, TX. This beautifully designed building is approximately 23,985 sq. ft. and located on Preston Rd. Currently, 15,406 sq. ft. (64%) is leased to Keller Williams on a NNN basis, with 7 years of term remaining on the Lease. Value add in leasing out the rest of the building or use the remaining space as a combination of owner user or another Tenant.

Investor Tools

$5,663,606Estimated Mortgage Balance
$293,394Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$35,742 /month
Positive
Cash Flow Estimate:
$11,914 /month

Interested in this property?

L.J. Erickson

Duggan Realty Advisors L.L.C.

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$10,986/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$102,042
$5,957,000
2025
$1,835,793
$4,121,207
$5,957,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$102,042
$5,957,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Mid Bank & Trust Na
Unknown
$5,680,000
No
First
Mar 31, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$5,663,606
$293,394
4%
95%
$34,055/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Frisco

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4783 Preston Rd | Property Details | No Agent List