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$2,787,044

NAL Estimated Property Value

8581 5th St, Frisco, TX, 75034

Off MarketInfo
CommercialInfo
Baths0 Bath
Baths3,138 Sq Ft
OfficeOffice
Year BuiltBuilt in 1986

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringCeramic Tile

Exterior

Lot Size1.03 acres

Building Information

Year Built1986
Stories1

Land Information

APNR-0982-027-0010-1
Lot Number1-6
SubdivisionFrisco Original Donation (Cfr)
Land UseCommercial
Legal DescriptionFRISCO ORIGINAL DONATION (CFR), BLK 27, LOT 1 THRU 6
Census Tract030410
Assessed Land Value$2,024,887
Assessed Improvement Value$762,157
Assessment Year2025

About this property

Church building is in good condition - renovated in 2021. Great location just minutes from Main street in Frisco. Nice brick building currently used as a church. Zoned as industrial and can be rezoned to OTC. Lots of parking. Allowed wide uses like Automotive,medical office.Office,all industrial uses,Restuarant drive in,Sports, Gym,dance studio,carwash etc. Lease to finance option available.

Investor Tools

Property Icon
$2,787,044
Estimated Property Value
$1,450,752Estimated Mortgage Balance
$1,336,292Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$17,970 /month
Positive
Cash Flow Estimate:
$5,990 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,090/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$23,147
$2,787,044
2025
$2,024,887
$762,157
$2,787,044
No

Tax History

Year
Tax Paid
Assessed Value
2024
$23,147
$2,787,044

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Adrikal Investments Llc
Purchase Money Mortgage
$1,500,000
No
First
Jul 26, 2024
Jul 2027

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,450,752
$1,336,292
47%
52%
$8,994/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.

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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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8581 5th St | Property Details | No Agent List