8900 Ohio DrPlano, TX 75024

  • Commercial real estate
  • 12,000 SF
For Lease
$29/SF/YR View listing

Property Details for 8900 Ohio Dr

Year built
2008
Lot size
1.46 AC
Property size (Sq ft)
12,000 SF
Property type
Commercial real estate
APN
R-3994-00A-011R-1
APU
R399400A011R1

Description

Plano Crossing offers a prime retail opportunity in a thriving Plano location. This 12,016 square foot multi-tenant building, constructed in 2008, boasts 4,491 square feet of immediately available space, divisible to a minimum of 2,000 square feet. The property sits on a 1.47-acre lot and enjoys exceptional visibility and accessibility. Its strategic location provides significant advantages, being adjacent to major retailers such as Walmart Supercenters, Sam's Club, Preston Village Shopping Center, and Home Depot, ensuring high foot traffic and brand recognition. The versatile space is suitable for a variety of uses, including office space, grocery stores, salons, showrooms, and restaurants. Existing infrastructure includes HVAC, electrical, and plumbing systems. The asking rent is $28 to $32 per square foot, plus NNN expenses, and tenant improvement allowances are available for qualifying businesses. No elevators are present in the building. This is an exceptional opportunity for businesses seeking a high-traffic, well-located retail space in a densely populated area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,995,080
    6.5%
    $2,764,690
    7%
    $2,567,210
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,755,140
    Geo Method
    $1,443,840
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $5,503,230
    Retail / Commercial
    $2,810,240
    Mixed-Use / Specialty
    $2,790,940
    Hospitality / Lodging
    $2,035,540
    Office
    $2,764,690
    Institutional / Educational
    $2,898,140
    Residential Income
    $3,390,820
    Multifamily
    $4,118,240
    Automotive / Energy
    $2,484,120
    Parking / Income-Based Land
    $866,411
    Restaurant / Food Service
    $1,431,780
    Healthcare / Senior Housing
    $2,871,580

Location Insight

City
Plano
County
Collin
State
Texas
Latitude
33.0989
Longitude
-96.7963
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
$64,222
$1,465,650
$2,251,073
$3,716,723
-
$1,465,650
$2,251,073
$3,716,723

FAQs

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