5512 Plano PkwyPlano, TX 75093

  • Office buildings
  • 6,751 SF
For Lease
$22/SF/YR View listing

Property Details for 5512 Plano Pkwy

Year built
1998
Lot size
0.79 AC
Property size (Sq ft)
6,751 SF
Zone code
O-M
Property type
Office buildings
APN
R-3266-001-0130-1
APU
R326600101301

Description

This exceptional 1,777 square foot medical office suite is ideally situated at 5512 W Plano Pkwy, Plano, TX 75093. Classified as a Class B building, this second-generation space offers a prime location within a multi-tenant building. The suite is conveniently located near schools and residential areas, ensuring high visibility and accessibility for patients. Its strategic placement provides easy access to major healthcare facilities, including Baylor Scott & White Medical Center, Baylor Scott & White Heart Hospital, and Medical City Plano. The property boasts convenient access to the President George Bush Tollway, enhancing connectivity for both patients and staff. Monument signage opportunities are available, providing excellent branding potential for medical practices. This turnkey space presents a unique opportunity for medical professionals seeking a well-located and established office environment in a thriving Plano community. The suite is ready for immediate occupancy, offering a seamless transition for any medical practice. The building's multi-tenant nature fosters a collaborative and supportive atmosphere. This is an exceptional opportunity to establish or expand a medical practice in a high-demand area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,486,750
    6.5%
    $1,372,384
    7%
    $1,274,357
  • Comparable approach

    Method
    Valuation
    Relative Method
    $987,412
    Geo Method
    $812,280
  • Alternative Use

    Use
    Valuation
    Residential
    $1,701,756
    Hospitality
    $1,558,800
    Educational
    $1,296,903
    Medical
    $1,341,506
    Retail
    $2,017,405

Location Insight

City
Plano
County
Collin
State
Texas
Latitude
33.0155
Longitude
-96.811
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
$33,375
$487,894
$1,342,106
$1,830,000
-
$487,894
$1,342,106
$1,830,000

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