4815 State Highway 121 The Colony, TX $ 720,000
4815 State Highway 121
$ 720,000
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4815 State Highway 121

The Colony, TX, 75056
$ 720,000
Bedrooms-- Baths--

Monthly Estimate*

$ 4,433

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Commercial Property for sale in The Colony, TX

for $720,000. This building was built in 2015 on a lot size of 0.0447.

A premier single-tenant office condo fronting SH 121, offering a high performing, low maintenance investment property in one of the fastest growing corridors in North Texas. Passive income through an NNN lease with minimal landlord responsibilities and significant upside potential due to below-market rent. Renewal options provide both immediate cash flow and long term value. It features high quality interior finishes in 2024, 7 rooms, 2 restrooms, 2 showers and 1 break room. Plumbing in all 7 rooms, washer and dryer hookups and showers - ideal for professional or medical users. Prominent pylon signage along SH 121 with high visibility and strong branding exposure. Stable tenant with a net income of $46,800 annually and a strong likelihood of renewal. Zoned PD 11 allows a wide range of uses, including medical, dental, general offices, personal services, tutor centers and etc. Multiple established medical clinics are within the building, creating strong synergy and consistent foot traffic. Located in dense commercial environment in an affluent area with $150k average household income and more than 12% population growth since 2020. Ideal for investors or owner users. Managed by 121 Office Plaza Condominium Association.

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Commercial Active

Price

$ 720,000

Property Type

Commercial

Taxes

$ 0

Style

Office

Lot Size

0.0447

Year Built

2015

Town/City

The Colony

County/Region

Denton

MLS | Web ID

21249192

Features
General
Heating Central Electric
Cooling Central Air Electric
Utilities City Sewer City Water Electricity Connected
Ceiling Height 8 to10 Feet
Possession Closing/Funding
Roof Composition
Year Built 2015
Business Type Professional Service
Property Subtype Office
Subdivision Name 121 Office Plaza Condo
County Denton
Property Type Commercial Sale
Construction Materials Brick
Year Built Details Preowned
Status Active
Directions Located at 4815 SH 121 in The Colony the property sits along the north side of State Highway 121. From Dallas North Tollway head north and exit toward SH 121 then merge east. Continue on SH 121 for a
City The Colony
Standard Status Active
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Exterior
Waterfront 0
Lot Size Source Plans
Parking Features Common
Lot Size Less Than .5 Acre (not Zero)
Foundation Brick/Mortar
Building Area Total 1947.00
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Interior
Flooring Engineered Wood
Total Stories 1
Total Units 1
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Internal Only
Street Number 1 4815
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* Excluded Features
List By
Jennifer Permenter

Listing Agent

Younger Partners Dallas, Llc

Broker

Affordability Calculator

$4,433
Per Month
100%
0%
0%
Monthly Principal & Interest
$4,433
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
288163 Elementary School
288375 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/23/2026$720,000 Listed Price

Map


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4815 State Highway 121, The Colony, TX, 75056 is a Commercial Property for sale at $720,000 with a lot size of 0.0447. 4815 State Highway 121 was built in 2015. The property's zip code is 75056 which is in The Colony, TX