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Property profile & analytics

1022 15th St Plano, TX 75074-6222

  • Commercial real estate
  • 3,150 SF
  • 0.05 lot acres
OFF-MARKET
Value Estimations
$345,000
Show details
Cap Rate Potential
5%
Commercial real estate
Location Intelligence
Property ID
US82-0404129
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Aaron Allred / Attorney
  • MBL Title / Insurance Agency
  • Jones Capital Advisors, LLC / Financial Institution
  • Universal Portable Toilet Rentals / Portable Toilet Supplier
  • Allred Wilcox PLLC / Law Firm / Private Equity Firm

Property Details for 1022 15th St

Year built
1955
Lot size
0.05 lot acres
Property size
3,150 SF
Zone code
BG
Property type
Commercial real estate
APN
R-0340-005-006R-1
APU
R0340005006R1

Description

This stunning 3,150 square foot office building, located at 1022 E 15th Street in the heart of historic Downtown Plano, Texas, presents an exceptional opportunity. Situated on a 0.05-acre lot, the property boasts over $400,000 in recent upgrades, completed in 2014, including a new roof, plumbing, and HVAC system. The sophisticated, industrial-chic design features a breathtaking lobby with a floating staircase leading to a spacious upper level. The first floor offers four private offices, a fully equipped kitchen, a storage room, and two bathrooms. Upstairs, four more larger offices benefit from abundant natural light provided by skylights, complemented by an additional half-bath. A highlight is the expansive 270 square foot rooftop patio, perfect for relaxation or client meetings. The building's prime location within the vibrant Downtown Plano community provides easy access to the Plano Station Dart Rail, Haggard Park, and a thriving mix of independently owned restaurants, retail stores, galleries, and event venues. This property is ideal for an owner-user seeking a unique and stylish workspace or for an investor looking for a high-return opportunity in a desirable location. The asking price is $1,700,000.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $345,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $290,000
    6.5%
    $265,000
    7%
    $245,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $418,000
    Market price range: $85.6k - $418k

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Plano
County
Collin
State
Texas
Longitude
-96.6997
Latitude
33.0194
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
$14,313
$98,010
$963,713
$1,061,723
-
$98,010
$963,713
$1,061,723
More about this property
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