4815 State Highway 121 | Image 1
Virtual Tour
4815 State Highway 121 | Image 2
4815 State Highway 121 | Image 3
4815 State Highway 121 | Image 4
4815 State Highway 121 | Image 5
4815 State Highway 121 | Image 6
4815 State Highway 121 | Image 7

$720,000

For Sale

8 days ago

4815 State Highway 121, The Colony, TX

House

MLS® 21249192

0 Bed

0 Bath

--

--

  • Key Facts
  • Description
  • Map

Key Facts

Type Office
Levels Commercial Sale
Size -
Garage 
Taxes 
Days Active 8
Lot Size 
Approx. Age 2015
MLS® Number 21249192

Property Address: 4815 State Highway 121, The Colony, TX, 75056-2905

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number21249192
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age2015
Basement
DrivewayCommon
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 23, 2026List Date
$720,000List Price
  • Commute

Commute

Starting Address
Destination Address
4815 State Highway 121, The Colony, TX

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Similar Listings

Comparable Properties