1212 S Preston Road new Save Request In-Person Tour Request Virtual Tour
Celina,TX 75009
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