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    1305 Preston Rd Plano, TX 75093

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    For Lease
    Contact for pricing

    Neighborhood shopping center with high visibility and planned upgrades.

    Property size:
    5,376 SF
    Lot size:
    1.10 Acres

    Property Features for 1305 Preston Rd

    General Information

    Size
    5,376 SF
    Lot size
    1.10 Acres

    Source: JAH Realty - Dallas Agent JAH Realty Leasing Contact

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

    Overview

    High-Traffic Retail Center Available

    The Shops at Preston Parkway is a neighborhood shopping center situated at the northwest corner of Preston Road and West Plano Parkway, benefiting from high traffic exposure of approximately 100,000 vehicles per day. Located just half a mile south of a major retail intersection, the property is surrounded by households with incomes exceeding $120,000 within a three-mile radius. Acquired in December 2021, the shopping center is slated for upgrades. Nearby traffic generators include 7-Eleven, Nordstrom Rack, Starbucks, Walgreens, Baylor Scott White Plano, Trader Joe's, Market Street Grocery, Chick-fil-A, and Whole Foods. The property offers 5,376 square feet of retail space.
    Insight Report Location Intelligence

    Current Use by Public Records

    Denny's Breakfast Restaurant The Burger Den Restaurant The Meltdown Delivery Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Similar Places Nearby

    Preston Parker Crossing, Lakes On Tennyson, Coin Cloud Bitcoin ATM, Promontory on Preston, Lakeside Market

    Location Insight

    • Map
    • Local Demand
    City
    Plano
    County
    Collin
    State
    Texas
    Longitude
    -96.7959836
    Latitude
    33.0178094

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    FAQs

    What type of property is this?
    Shopping center - Neighborhood shopping center with high visibility and planned upgrades.
    Where is this shopping center located?
    The property is located at 1305 Preston Rd Plano, TX.
    What are key features of this property?
    This property features: - High traffic location at the corner of Preston Road and West Plano Parkway with approximately 100,000 vehicles per day.; - Located in an affluent area with household incomes exceeding $120k within a three-mile radius.; - Close proximity to a dominant retail intersection.
    (214) 220-2274
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    Plano, TX 75093
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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
    1305 Preston Rd Plano, TX 75093
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