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Plaza de las Flores 3201 Cross Timbers Rd 4,968 SF Vacant Office Building Flower Mound, TX 75028 $1,250,000 ($251.61/SF)



Matterport 3D Tour
INVESTMENT HIGHLIGHTS
- Recent Price Decrease (Originally $1,410,000)
- Currently a medical office, would also be great for general office users
- Near a variety of other medical and professional users
- Rare owner/user investment opportunity near the Long Prairie Rd & Cross Timbers Rd intersection
- 1.3 miles from Texas Health Presbyterian- Flower Moung
- Flooring and paint recently updated (2022)
EXECUTIVE SUMMARY
Recent price decrease! Rare owner/user or investment opportunity near the intersection of Long Prairie Rd & Cross Timbers Rd in Flower Mound. 4,968 square feet – currently a medical office, would also be great for general office users. 1.3 Miles from Texas Health Presbyterian – Flower Mound. Near a variety of other medical and professional users. Flooring and paint recently updated (~2022).
MATTERPORT 3D TOUR
Plaza de las Flores
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
4,968 SF
Building Class
B
Year Built
2005
Price
$1,250,000
Price Per SF
$251.61
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
4,968 SF
Building FAR
0.46
Lot Size
0.25 AC
Zoning
Office
AMENITIES
- Conferencing Facility
- Courtyard
- Fitness Center
- Reception
- Hardwood Floors
DEMOGRAPHICS
Demographics
1 Mile
3 Mile
5 Mile
2020 Population
11,929
80,465
174,026
2024 Population
12,642
85,212
186,742
Population Growth '20-'24
6.0%
5.9%
7.3%
2020 Households
4,262
27,408
60,866
2024 Households
4,536
29,092
65,656
Household Growth '20-'24
6.4%
6.1%
7.9%
Average Age
40
40
40
Median Household Income
$132,336
$137,063
$114,803
Daytime Employees
10,945
36,719
62,602
Total Businesses
1,456
4,578
7,745
College Degree + Higher
57%
55%
47%
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $469,668 | |
| Land Assessment | $380,475 | Total Assessment | $850,143 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$380,475
Improvements Assessment
$469,668
Total Assessment
$850,143
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Plaza de las Flores | 3201 Cross Timbers Rd
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