2820 Village PkwyHighland Village, TX 75077

Property Details for 2820 Village Pkwy

Year built

2006

Lot size

6.16 AC

Property size (Sq ft)

1,690 SF

Property type

Office properties

APN

R497576

APU

R497576

Description

This exceptional 1,893-square-foot office condo is located in the prestigious Marketplace at Highland Village Office Suites, offering a unique investment or owner-user opportunity. Built in 2007 and renovated in 2020, this single-story building boasts a prime location adjacent to The Shops of Highland Village, ensuring high visibility and accessibility. The property is zoned for office use and features excellent signage on FM 2499 (Village Parkway), providing significant marketing potential. Situated in the thriving Highland Village corridor, this location benefits from strong demographics and convenient access to DFW International Airport, executive housing, and top-rated schools. Its proximity to Flower Mound Presbyterian Hospital (approximately 2.5 miles away) makes it particularly attractive for medical or dental practices. The asking price is $675,000, translating to $356.58 per square foot. This is one of the last remaining condos available for sale in this sought-after complex, presenting a rare opportunity to acquire a well-maintained, modern office space in a highly desirable location. The property's amenities align perfectly with the needs of general office, medical, or dental businesses seeking a sophisticated and convenient workspace within the Highland Village Commercial Corridor. The address is 2820 Village Pkwy, Highland Village, TX 75077.

• CAP approach

  CAP return

  Valuation

  6%

  $309,235

  6.5%

  $285,447

  7%

  $265,058

• Comparable approach

  Method

  Valuation

  Relative Method

  $203,930

  Geo Method

  $203,341

• Alternative Use

  Use

  Valuation

  Residential

  $353,955

  Hospitality

  $324,221

  Educational

  $269,748

  Medical

  $279,025

  Retail

  $419,608

Location Insight

City

Lewisville

County

Denton

State

Texas

Latitude

33.0782

Longitude

-97.0782

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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