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    Flexible Office Suite with Executive Office Title is generated by Realmo AI

    1101 Plano Parkway, Plano, TX 75075

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    For Lease
    $26 SF/Yr $3,822/Mo (calc)

    COMMERCIAL - Plano, TX

    Type:Office
    Property size:
    1,764 SF
    Lot size:
    0.52 Acres
    Added:
    Oct 7, 2025
    Days on Market:
    240
    Last Refresh:
    Jun 3 at 11:06 am

    Property Features for 1101 Plano Parkway

    General Information

    Property type
    Commercial Lease
    Property subtype
    Office
    Standard status
    Active
    APN
    R1128700100101
    Lot size
    0.52 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    2016
    Floors in Building
    1
    Number of units
    1
    Flooring type
    Tile
    Building materials
    Brick
    Roof type
    Composition

    We can help!

    Listing Contact
    Rebecca Kuhl

    Listing agent Rebecca Kuhl License #0636848,TEXAS

    Listing office Keller Williams Central Richardson, TX

    Listing date Oct 7, 2025

    MLS# 21077707

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 1,764 SF professional suite with a private executive office near the entry, two restrooms, and a large open floor plan
    • Year built 2016; brick exterior with tile flooring
    • Central air and electric heating
    • Roof is composition; connected to public sewer
    • Suite near Collin Creek Mall redevelopment and close to US‑75 and President George Bush Turnpike
    • City of Plano permits required; tenant to verify permitted use with the city

    Overview

    This suite offers a professional, flexible layout designed for a mix of private and collaborative work. A private executive office sits near the entry, while two restrooms are provided within the suite. The remainder of the space is a large open floor plan that can be adapted for workstation layouts, team collaboration areas, training, or a showroom-style setup. The overall configuration balances enclosed space with a customizable central area, supporting a range of office and service needs.

    Positioned just one block from the Collin Creek Mall redevelopment, the property benefits from strong local visibility and is supported by high traffic counts. The location also provides convenient access to major thoroughfares, including US-75 and the President George Bush Turnpike, helping make the suite practical for customer-facing and regularly visited operations.

    This space is a good fit for professional office, service, or light medical users seeking an adaptable interior without sacrificing private office space. The building supports a tenant’s responsibility to verify that the intended use is permitted by the City of Plano, and prospective users should confirm all requirements directly with the city.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lucent Home Health Home Health Care Service American National Bank ... Bank Centria Building Supply Lucent Health Group Home Health Care Service American National Bank ... Atm

    Suggested Use

    Restaurant Real Estate Agency Law Firm Dental Office Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Plano
    County
    Collin
    State
    Texas
    Longitude
    -96.716182
    Latitude
    33.009269

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    FAQs

    What type of property is this?
    Office units - Suite with a private executive office, two restrooms, and an adaptable open area suited to professional and light medical users.
    Where is this office units located?
    The property is located at 1101 Plano Parkway Plano, TX.
    What is the lease rate?
    The lease rate is $26 SF/Yr.
    What are key features of this property?
    This property features: 1,764 SF professional suite with a private executive office near the entry, two restrooms, and a large open floor plan; Year built 2016; brick exterior with tile flooring; Central air and electric heating
    (469) 467-7755
    We can help!
    Listing Contact
    Rebecca Kuhl
    Real Estate License ID: 0636848,TEXAS
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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