5945 Dallas PkwyPlano, TX 75093

  • Commercial real estate
  • 5,040 SF
For Sale
$2,500,000 View listing

Property Details for 5945 Dallas Pkwy

Year built
2005
Lot size
0.53 AC
Property size (Sq ft)
5,040 SF
Zone code
TE
Property type
Commercial real estate
APN
R-8941-000-4000-1
APU
R894100040001

Description

This exceptional 5,040 square foot commercial property, located at 5945 Dallas Parkway Unit 400, Plano, TX, presents a unique investment opportunity. Situated on a 0.53-acre lot at the southwest corner of the Dallas North Tollway and Windhaven Parkway in Communications Park, this freestanding building enjoys unparalleled visibility and accessibility. Approximately 3,000 square feet is immediately available for sale. The property's prime location in one of Plano's most affluent zip codes, boasting a high median household income, ensures a strong customer base. Its proximity to Texas Health Presbyterian Hospital of Plano (less than one mile away) makes it particularly well-suited for medical-related businesses such as cosmetic dental practices, high-end beauty salons, chiropractic clinics, weight loss centers, sunless tanning facilities, and plastic surgery clinics. The building's strategic placement on a major freeway generates significant drive-by traffic, maximizing exposure. Furthermore, its connection to an upscale medspa creates synergistic opportunities for complementary services. This property offers an unparalleled chance to establish or expand a business in a thriving and highly visible location. The asking price is $2,500,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,270,457
    Hospitality
    $1,163,732
    Educational
    $968,211
    Medical
    $1,001,509
    Retail
    $1,506,106
5945 Dallas Pkwy, Plano, Texas

Location Insight

City
Plano
County
Collin
State
Texas
Latitude
33.0533
Longitude
-96.8319
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
$23,485
$323,512
$1,023,231
$1,346,743
-
$323,512
$1,023,231
$1,346,743

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