Freestanding Office
New
For Sale
$699,000
1225 19th Street 101b, Plano, TX 75074
Multi-suite layout with private offices, open work areas, and on-site parking.
Property Size5,075 SF
Lot Size0.39 Acres
Price / SF$137.73
Days on Market2
Property Features for 1225 19th Street 101b
General Information
Standard status
Active
Size
5,075 SF
Lot size
0.39 Acres
Site & Location
Highway Access
Yes
Public Transit
Yes
Building Details
Year Built
1982
Buildings
1
Building Size
5,075 SF
Listing Agency:
31 Realty, LLC
(972) 517-6908
Listed By:
Xu Shen · License #0722073
Source:
1plusrealty
Added: Aug 12
Changed: Aug 13
Last Checked: Aug 13 at 6:29AM
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.
This freestanding office property provides approximately 5,075 square feet within a 0.39-acre site. The 1982 building includes multiple private offices, open work areas, and a reception area, creating a flexible configuration for medical, professional, or general office use. On-site parking is also provided.
The property is located at 1225 19th Street 101b in Plano, near downtown Plano and US-75. Dining, retail, and public transit are identified nearby, adding convenience for office occupants and visitors. The combination of enclosed offices, shared workspace, reception facilities, and parking supports a range of established office operations.
The property is located at 1225 19th Street 101b in Plano, near downtown Plano and US-75. Dining, retail, and public transit are identified nearby, adding convenience for office occupants and visitors. The combination of enclosed offices, shared workspace, reception facilities, and parking supports a range of established office operations.
Key Highlights
- Approximately 5,075 square feet on a 0.39‑acre lot
- Freestanding office building constructed in 1982
- Multiple private offices, open work areas, and reception space
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$27,230
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.90%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$544,600
$544.6K
Cap Rate 7%
$389,000
$389.0K
Cap Rate 9%
$302,556
$302.6K
Market Conditions
NOI Build-Up for 5,075 SF
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.
Gross rent
$49.3K $9.72/SF
− Vacancy
−$3.9K −$0.78/SF
EGI
$45.4K $8.94/SF
− OpEx
−$18.2K −$3.58/SF
NOI
$27.2K $5.37/SF
Area
Plano, TX
Vacancy
8.00%
Lease Rate
$9.72 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$544,600
Cap Rate 7%
$389,000
Cap Rate 9%
$302,556
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
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,477
Businesses Nearby
Explore this area
Business Placement
Demographics for 75074, TX
53,003
Population
19,362
Households
2.7
Avg Household Size
35
Median Age
42%
College-Educated
85%
High-School Grad
16.0 sq mi
ZIP Area
3,313
Density / Sq Mi
$84,185
Median Household Income
$42,523
Median Earnings
$1,678
Median Rent
$347,300
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Multi-suite layout with private offices, open work areas, and 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: Approximately 5,075 square feet on a 0.39‑acre lot; Freestanding office building constructed in 1982; Multiple private offices, open work areas, and reception space
