1212 S Preston Road, Celina, TX 75009 - MLS#20920496

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Mike Bowman

[email protected] +1(817) 328-2306

$12,000,000

Est. payment - /mo

4 Acres Lot

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Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Subdivision Keller Williams Add Ph 1

MLS Listing ID 20920496

Total Fin. Sqft 22334

Year Built 2018

Annual Tax Amount $138,922

Lot Size 4.004 Acres

Acres 4.004

Property Sub-Type Office

Property Description

The listed property for sale includes a 22,000 sf 100% fully leased office building and a 1.6 acre commercial build site within the same platted property, ideal for adding a second building. The office building has a 2026 annual NOI of $620,000 and based on a 6% Cap Rate, a price of $10,300,000. The 1.6 acres additional land parcel is priced at $1,700,000 or $24.39 per square foot. Both properties are sold as a package.

Location

State TX

County Collin

Zoning Commercial

Direction Located on Preston Rd. north of Collin County Outer Loop

Interior

Heating Central, Natural Gas

Cooling Central Air, Electric

Flooring Ceramic Tile

Heat Source Central, Natural Gas

Exterior

Utilities Available All Weather Road, City Sewer, City Water, Concrete, Curbs, Individual Gas Meter, Individual Water Meter, Sidewalk, Underground Utilities

Roof Type Built-Up,Metal

Garage No

Building

Lot Description Acreage

Foundation Slab

Structure Type Brick

Others

Ownership Trumpkard

Acceptable Financing 1031 Exchange, Cash, Contact Agent, Conventional, Not Assumable

Listing Terms 1031 Exchange, Cash, Contact Agent, Conventional, Not Assumable

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20920496

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Bobby Apple • Keller Williams Prosper Celina

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Mike Bowman

+1(817) 328-2306

Broker | License ID: 0273938

Broker License ID: 0273938

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1212 S Preston Road Celina, TX 75009

Mike Bowman

Key Details

Location

Interior

Exterior

Building

Others

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