1022 15th St Plano, TX 75074-6222
- Commercial real estate
- 3,150 SF
- 0.05 lot acres
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
-
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
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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