1303 M AvePlano, TX 75074

Property Details for 1303 M Ave

Year built

1965

Lot size

0.29 AC

Property size (Sq ft)

1,000 SF

Zone code

BG

Property type

Commercial real estate

APN

R-0340-015-005E-1

APU

R0340015005E1

Description

This exceptional 1,000 square foot retail property, located at 1303 M Avenue in Plano, Texas, presents a unique investment opportunity. The building has undergone a complete renovation, boasting brand new flooring, walls, appliances, and a state-of-the-art heating and cooling system. This ensures immediate occupancy and minimal upfront capital expenditure for the new owner. The property sits on a sizable 0.29-acre lot, offering ample space for operations and potential expansion. A significant advantage is the availability of additional adjacent parcels, should the buyer require more land to accommodate future growth or development plans. The property's zoning designation is retail, aligning perfectly with the current and projected development in the surrounding area. Major developments are planned nearby, promising increased foot traffic and enhanced visibility for the business. Furthermore, the property includes a workshop and storage building equipped with three large, grade-level doors, facilitating efficient shipping and receiving operations. This turnkey solution combines a renovated building, ample land, strategic location, and excellent infrastructure, making it an ideal investment for a variety of retail businesses. The asking price is $950,000. This presents a compelling opportunity to establish or expand a retail presence in a thriving Plano neighborhood.

• Alternative Use

  Use

  Valuation

  Residential

  $252,075

  Hospitality

  $230,899

  Educational

  $192,105

  Medical

  $198,712

  Retail

  $298,831

Location Insight

City

Plano

County

Collin

State

Texas

Latitude

33.0174

Longitude

-96.6967

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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