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    4940 Mcdermott Rd Plano, TX 75024

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    For Lease
    Contact for pricing

    New retail space available near Highway 121 and Preston Road.

    Property size:
    4,430 SF
    Lot size:
    1.25 Acres

    Property Features for 4940 Mcdermott Rd

    General Information

    Size
    4,430 SF
    Lot size
    1.25 Acres

    Source: DuWest Realty | Dallas Agent Scott Rodgers

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

    Overview

    Retail Space Near Preston Road

    New retail space is coming soon, offering up to 4,430 square feet. The property is located one block east of Preston Road and just south of Highway 121, across from Sam’s Club and Walmart. It is in close proximity to Stonebriar Mall and surrounded by affluent neighborhoods and corporate headquarters.
    Insight Report Location Intelligence

    Current Use by Public Records

    Hot Breads Plano Bakery Bawarchi Biryanis - Corporate Corporate Office Bawarchi Swagruha Indian Restaurant Yemisys Consultant Anjappar Chettinad Indian ... Indian Restaurant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Plano
    County
    Collin
    State
    Texas
    Longitude
    -96.8018704
    Latitude
    33.0938531

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    FAQs

    What type of property is this?
    Retail space - New retail space available near Highway 121 and Preston Road.
    Where is this retail space located?
    The property is located at 4940 Mcdermott Rd Plano, TX.
    What are key features of this property?
    This property features: - High-traffic location: Across from Sam’s Club & Walmart and close to Stonebriar Mall.; - Excellent accessibility: One block east of Preston Road and just south of Hwy 121.; - Surrounded by affluent neighborhoods and corporate headquarters.
    (214) 699-6415
    Request Owner's contact information
    4940 Mcdermott Rd 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
    4940 Mcdermott Rd Plano, TX 75024
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