202 Coleman StProsper, TX 75078

Property Details for 202 Coleman St

Year built

2013

Lot size

0.33 AC

Property size (Sq ft)

4,528 SF

Property type

Office buildings

APN

R-2050-002-001R-1

APU

R2050002001R1

Description

This exceptional executive office suite, located at 202 S Coleman St in Prosper, Texas, 75078, offers a prime location for businesses seeking a professional and convenient workspace. The suite encompasses 118 square feet of well-appointed space, perfect for a single tenant or small team. The building itself totals 4,994 square feet, providing a sense of scale and established presence. This single-tenant occupancy ensures privacy and control over your workspace. Situated in the heart of downtown Prosper, this office benefits from its proximity to the Dallas North Tollway, offering easy access to major transportation routes. The monthly rent is $800.00, and the only additional expense is the internet bill, making budgeting straightforward and predictable. This is an ideal opportunity for entrepreneurs, consultants, or small businesses seeking a prestigious and efficient office solution in a thriving Texas community. The property is classified as both an Executive Office and a Traditional Office, offering a blend of modern amenities and classic professional appeal. The property's precise location is 33.234622681037074 latitude and -96.80226149601697 longitude.

• CAP approach

  CAP return

  Valuation

  6%

  $1,181,720

  6.5%

  $1,090,819

  7%

  $1,012,903

• Comparable approach

  Method

  Valuation

  Relative Method

  $732,150

  Geo Method

  $544,809

• Alternative Use

  Use

  Valuation

  Residential

  $1,352,615

  Hospitality

  $1,238,988

  Educational

  $1,030,824

  Medical

  $1,066,275

  Retail

  $1,603,504

Location Insight

City

Prosper

County

Collin

State

Texas

Latitude

33.2348

Longitude

-96.8022

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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