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    5740 State Highway 121 Plano, TX 75024

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    For Sale
    $12,096,000

    New construction office building with high visibility in prime location.

    Property size:
    33,600 SF
    Lot size:
    0.26 Acres

    Property Features for 5740 State Highway 121

    General Information

    Size
    33,600 SF
    Lot size
    0.26 Acres

    Source: LINC Commercial Realty Agent Najdi Rafaty

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Modern Office Building in Plano

    This newly constructed commercial building, completed in January of this year, offers 33,600 square feet of modern office space in Plano, Texas. The property is zoned for professional or medical office use and features contemporary design elements. Located on Parkwood Blvd on the border of Plano and Frisco, the building provides prime visibility from both the Dallas North Tollway and Sam Rayburn Tollway, ensuring significant exposure. The building consists of three floors, each offering 11,200 square feet. The space is available as a cold dark shell. Its strategic location offers proximity to Granite Park, providing convenient access to various amenities, dining, and entertainment options. This property presents an investment opportunity in a high-growth area.
    Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Wholesale Shop Auto Repair Shop Spa & Massage Auto Parts Store Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Plano
    County
    Collin
    State
    Texas
    Longitude
    -96.809476
    Latitude
    33.095094

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    FAQs

    What type of property is this?
    Office building - New construction office building with high visibility in prime location.
    Where is this office building located?
    The property is located at 5740 State Highway 121 Plano, TX.
    What is the asking price?
    The asking price for this property is $12,096,000.
    What are key features of this property?
    This property features: - Prime visibility from Dallas North Tollway and Sam Rayburn Tollway ensures maximum exposure.; - New construction completed in January 2024 offering 33,600 SF of modern office space.; - Zoned for professional/medical office use.
    (310) 735-7980
    Request Owner's contact information
    5740 State Highway 121 Plano, TX 75024
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    Plano, TX 75024
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    Realmo Value Estimation

    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.

    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.

    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
    5740 State Highway 121 Plano, TX 75024
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