5509 Pleasant Valley DrPlano, TX 75023

  • Office properties
  • 20,940 SF
For Lease
$16.50/SF/YR View listing

Property Details for 5509 Pleasant Valley Dr

Year built
1979
Lot size
1.70 AC
Property size (Sq ft)
20,940 SF
Zone code
M
Property type
Office properties
Property subtype
Office buildings
APN
R-0222-015-007B-1
APU
R0222015007B1

Description

This single-story, 21,364 square foot medical office building in Collin County's Plano submarket offers two available suites ranging from 2,340 to 2,467 square feet. Built in 1979 and renovated in 1984, the property sits on a 1.704-acre lot and provides convenient access to major thoroughfares including US-75, Hwy 190, I-635 (LBJ), and the Dallas North Tollway. Its location minutes from downtown Dallas and DFW International Airport ensures easy accessibility for patients and staff. The surrounding area boasts a thriving business community and an affluent residential base, creating a strong potential patient pool. The property features 4 parking spaces per 1,000 square feet. This is an exceptional opportunity for medical professionals seeking a strategic and thriving environment in a highly desirable Dallas suburb known for its strong sense of family and commerce. The building's proximity to neighboring cities like Addison, Carrollton, Frisco, and McKinney expands the potential patient base and professional networks. The robust business community within a one-mile radius offers excellent opportunities for collaboration and referrals. This prime medical office center provides an ideal setting to establish or expand a medical practice, benefiting from the synergy of this vibrant and dynamic location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,611,544
    6.5%
    $4,256,810
    7%
    $3,952,752
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,062,717
    Geo Method
    $2,519,501
  • Alternative Use

    Use
    Valuation
    Residential
    $5,278,445
    Hospitality
    $4,835,027
    Educational
    $4,022,686
    Medical
    $4,161,032
    Retail
    $6,257,512
5509 Pleasant Valley Dr, Plano, Texas

Location Insight

City
Plano
County
Collin
State
Texas
Latitude
33.0565
Longitude
-96.7389
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
$56,796
$668,070
$2,309,612
$2,977,682
-
$668,070
$2,309,612
$2,977,682

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