Freestanding Office
1225 19th Street #101B Plano, TX 75074
New
For Sale
$699,000
Well-maintained freestanding office building with private offices, open work areas, reception space, and ample on-site parking.
Property Size5,075 SF
Lot Size0.39 Acres
Price / SF$137.73
Days on Market6
Property Features for 1225 19th Street #101B
General Information
Standard status
Active
Size
5,075 SF
Lot size
0.39 Acres
Property subtype
Commercial
Building Details
Year Built
1982
Listing Agency:
31 Realty, LLC
(214) 799-9838
Listed By:
Xu Shen · License #0722073
(214) 799-9838
Source:
Vickiesteam
Added: Jul 25
Changed: Jul 26
Last Checked: Jul 29 at 12:17PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of 31 Realty, LLC
Investment Insights
Based on property information with market context.
Freestanding office building offers approximately 5,075 square feet on a 0.39-acre lot. The interior layout includes multiple private offices, open work areas, and a reception area, providing a practical mix of meeting and day-to-day workspace.
The property is positioned near downtown Plano with convenient access to US-75, along with nearby dining, retail, and public transit.
This building is suited for medical, professional, or general office use, offering flexibility for an owner-user or an investor.
The property is positioned near downtown Plano with convenient access to US-75, along with nearby dining, retail, and public transit.
This building is suited for medical, professional, or general office use, offering flexibility for an owner-user or an investor.
Key Highlights
- Well‑maintained freestanding office building built in 1982
- Approximately 5,075 SF of office space on a 0.39‑acre lot
- Includes multiple private offices plus open work areas
Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $49.3k | $9.72 |
| − Vacancy | −$3.9k | −$0.78 |
| EGI | $45.4k | $8.94 |
| − OpEx | −$18.2k | −$3.58 |
| NOI | $27.2k | $5.37 |
5,075 SF · lease $9.72/SF/yr · vacancy 8.00% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$389.0K
$340.4K – $453.8K
NOI $27,230 @ 7.0% cap · market cap 3.90%
Second Best
Office B
$240.8K
$210.7K – $280.9K
NOI $16,854 @ 7.0% cap · market cap 2.41%
Theoretical Best
Multifamily LT 5
$1.17M
$1.02M – $1.36M
NOI $81,820 @ 7.0% cap · market cap 11.71%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - Well-maintained freestanding office building with private offices, open work areas, reception space, and ample on-site parking.
Where is this office building located?
The property is located at 1225 19th Street #101B Plano, TX.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Well‑maintained freestanding office building built in 1982; Approximately 5,075 SF of office space on a 0.39‑acre lot; Includes multiple private offices plus open work areas
