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$10,500,000 Just Listed
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Property Description
The subject property is the only Class A Office Building located on Preston Rd. in Celina, TX. The listed property for sale is a 100% fully leased office building. The office building has $572,268 Net Operating Income for 2026, based on a $10,500,000 price the Cap Rate is 5.5%. The building has a 2027 $588,881 Net Operating Income based on a $10,500,000 price the Cap Rate is 5.6%. There is an additional 1.6 acre land parcel priced at $1,500,000 located behind the listed building also for sale. MLS 21170840.
Full Property Details
Full Property Details for 1212 S Preston Rd
General
- Price: $10,500,000
- Taxes: $138,922
- Status: Active
- Type: Office
- Source: NTREIS
- MLS ID: 21173346
- Updated: 2/7/2026
- Added to Site: 6 day(s) ago
Business
- Business Type: Professional/Office
Interior
- Flooring: Ceramic Tile
Parking
- Parking Features: Additional Parking, Assigned, Common, Concrete
Location
- County: Collin
- Subdivision: Keller Williams Add Ph 1
- Driving Directions: Located on Preston Rd. north of Collin County Outer Loop
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Natural Gas Available, Sewer Available, Separate Meters, Underground Utilities, Water Available
Structural Information
- Detached/Attached: Detached
- Construction: Brick
- Roof: Built-Up, Metal
- Stories/Levels: 2
- Square Feet: 22,334
- Sq. Ft. Source: Assessor
- Year Built: 2018
Lot Features
- Lot Size (Acres): 2.4
- Lot Size (Sq. Ft.): 104,544
- Lot Size Source: Public Records
- Frontage: All Weather Road
- Sidewalks: Yes
- Lot Features: Acreage
- Potential Use: Office
- Zoning: Commercial
Financial Considerations
- Tax Amount: $138,922
- Terms: Cash, Conventional, 1031 Exchange, See Agent
- Owner Pays: Management
- Tenant Pays: All Utilities, Common Area Maintenance, Insurance, Janitorial Service, Taxes
Disclosures and Reports
- Legal Description: KELLER WILLIAMS ADDITION PHASE 1 (CCL), BLK A
- Inclusions: Land & Improvements
- Property ID: R1182200A00101
- Block: A
- Lot Number: 1
Listed by Keller Williams Prosper Celina, Bobby Apple
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Schools
Schools serving 1212 S Preston Rd
School District:Celina Independent School District
| Name | Grades | Distance |
|---|---|---|
O'dell Elementary School 750 Punk Carter Parkway, Celina, TX 75009 | K-5 | 1.8 mi |
Jerry & Linda Moore Middle School 300 East G.A. Moore Parkway, Celina, TX 75009 | 6-8 | 3.4 mi |
Celina High School 3455 North Preston Road, Celina, TX 75009 | 9-12 | 4.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1212 S Preston Rd
Date
Details
Price
Change
Source
2/06/2026
Listed
$10,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1212 S Preston Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$138,922
1%
$7,032,194
5%
2023
$136,941
-6%
$6,728,986
2%
2022
$146,332
—
$6,581,136
3%
2022
$146,332
2%
$6,384,688
4%
2021
$142,788
5%
$6,114,554
7%
2020
$136,638
—
$5,736,371
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1212 S Preston Rd
1212 S Preston Road, Celina, TX 75009 (MLS# 21173346) is a Office property. 1212 S Preston Road is currently listed for $10,500,000 and was received on February 06, 2026. Want to learn more about 1212 S Preston Road? Do you have questions about finding other Office real estate for sale in Celina? You can browse all Celina real estate or contact a Coldwell Banker agent to request more information.

