2220 Coit RdPlano, TX 75075

  • Commercial real estate
  • 43,550 SF

Property Details for 2220 Coit Rd

Year built
1983
Lot size
4.08 AC
Property size (Sq ft)
43,550 SF
Zone code
RT
Property type
Commercial real estate
APN
R-1216-00A-005R-1
APU
R121600A005R1

Description

Park West Plaza, located at 2220 Coit Road in Plano, Texas (75075), offers exceptional office and retail space within a thriving shopping center. This 191,103 square foot property, built in 1983 and renovated in 2004, sits on a 16.8-acre lot in Collin County and boasts 948 parking spaces. Multiple tenancies are available, ranging from a minimum of 808 square feet to a maximum contiguous space of 3,257 square feet, with 8,202 square feet currently vacant. The property's diverse tenant mix, including a grocery anchor (Aldi), Elliot's Hardware, CVS, and Nadline Flooring Company, attracts over 2 million customers annually, ensuring high visibility and foot traffic. This premier location benefits from above-average household incomes and robust population growth in the area, making it ideal for medical offices, restaurants, or retail businesses. The property's strong tenant base and strategic location in the heart of Plano, at the intersection of Coit Road and West Park Boulevard, provide exceptional durability and investment potential. This is a rare opportunity to secure space in a well-established, high-traffic shopping center in one of Texas's most desirable cities.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $10,977,855
    Hospitality
    $10,055,656
    Educational
    $8,366,188
    Medical
    $8,653,914
    Retail
    $13,014,070

Location Insight

City
Plano
County
Collin
State
Texas
Latitude
33.0288
Longitude
-96.7688
CBSA code
19100
CBSA name
DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$127,505
$2,846,385
$3,975,306
$6,821,691
-
$2,846,385
$3,975,306
$6,821,691

FAQs

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