This exceptional two-story Class B office building, located at 2301 Ohio Dr in Plano, Texas 75093, offers a rare opportunity to lease high-quality space in a prestigious West Plano location. The building, constructed in 1981, boasts a total of 42,570 square feet and sits on a 1.916-acre lot. Currently, 2,077 square feet of office space is immediately available for lease, perfect for a variety of businesses, including traditional office and medical office uses. The building features elevators for convenient access to both floors. The property enjoys a highly desirable location, surrounded by numerous retail establishments and restaurants, providing employees with ample amenities and convenience. This is one of the few office buildings in this sought-after area of the Dallas-Fort Worth metroplex. The lease rate of $21 per square foot is inclusive of all NNN expenses and electricity, offering predictable and manageable operating costs. This presents a unique chance to secure a well-situated office space in a thriving commercial district. The multiple tenancy structure ensures a diverse and vibrant community within the building. Don't miss this opportunity to establish your business in a prime West Plano location.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$9,375,046
6.5%
$8,653,888
7%
$8,035,754
Comparable approach
Method
Valuation
Relative Method
$6,226,354
Geo Method
$5,122,022
Alternative Use
Use
Valuation
Residential
$10,730,821
Hospitality
$9,829,375
Educational
$8,177,924
Medical
$8,459,176
Retail
$12,721,216
Location Insight
City
Plano
County
Collin
State
Texas
Latitude
33.0289
Longitude
-96.7885
CBSA code
19100
CBSA name
DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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