11560 Teel PkwyFrisco, TX 75034

Property Details for 11560 Teel Pkwy

Year built

2007

Lot size

1.91 AC

Property size (Sq ft)

2,878 SF

Property type

Office properties

Property subtype

Other office properties

APN

R527188

APU

R527188

Description

This exceptional 2,393-square-foot medical office building in Frisco, Texas, presents a unique investment opportunity. Located at 11560 Teel Pkwy, 75034, this single-tenant property boasts high visibility from Teel Parkway, ensuring excellent exposure for your practice. Built in 2007, the building is a single-story structure offering immediate occupancy. The interior is meticulously designed for medical use, featuring five exam rooms, two private offices, a dedicated X-ray room, and a laboratory. Ample space is provided for patient comfort and staff efficiency, including two public restrooms and a private restroom within the primary office. A spacious lobby and reception area includes several workstations, creating a welcoming and functional environment. The property's turnkey setup and prime location make it an ideal choice for medical professionals seeking a ready-to-use facility in a thriving Texas community. The entire 2,393 square feet is currently vacant.

• CAP approach

  CAP return

  Valuation

  6%

  $777,038

  6.5%

  $717,266

  7%

  $666,032

• Comparable approach

  Method

  Valuation

  Relative Method

  $474,712

  Geo Method

  $346,281

• Alternative Use

  Use

  Valuation

  Residential

  $889,410

  Hospitality

  $814,694

  Educational

  $677,816

  Medical

  $701,127

  Retail

  $1,054,381

Location Insight

City

Frisco

County

Denton

State

Texas

Latitude

33.1746

Longitude

-96.8638

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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