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Versatile Flex and Office Building

1717 W Plano Parkway Plano, TX 75075

1717 W Plano Parkway, Plano, TX, 75075
$2,200,000
For Sale
$2,200,000

Built in 1979 with former school classrooms and offices, plus ample parking for adaptable commercial uses.

Property Size9,800 SF
Price / SF$224.49
Days on Market48

Property Features for 1717 W Plano Parkway

General Information

Standard status
Active
Size
9,800 SF
Property subtype
Commercial

Building Details

Year Built
1979
Listing agency James Lester
Listed by Mike Lester
Source Signaturere
Added: Jun 4 Updated: Jul 10 at 4:00PM Checked: Jul 21 at 4:27AM

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 James Lester


Investment Insights

Based on property information with market context.

This versatile 9,800-square-foot building was built in 1979 and is currently positioned for adaptive reuse after operating as a specialty school. The flexible layout is suited to a range of tenant types, and the existing educational build-out includes ready-made classrooms and offices that can support office-focused operations as well as showroom or workshop-style uses.

The property is located on a centrally located commercial corridor at 1717 W Plano Parkway in Plano, TX. It offers excellent visibility and ample parking, both of which are useful for businesses that need easy customer and employee access.

For tenants, buyers, or operators seeking a space that can be configured for retail, industrial, office, or flex needs, this building’s classroom-and-office framework provides a practical starting point. It may also work well for mixed-use concepts that benefit from a flexible interior arrangement and on-site parking, while supporting a broad variety of day-to-day layouts without requiring a complete ground-up redesign.

Key Highlights

  • 9,800 SF commercial building at 1717 W Plano Parkway in Plano, built in 1979
  • Previously a specialty school with ready‑made classrooms and offices for adaptive reuse
  • Versatile space for retail, industrial, office, or flex uses

Local Financial Insights For Industrial

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 $95.3k $9.72
− Vacancy −$4.3k −$0.44
EGI $91.0k $9.28
− OpEx −$27.3k −$2.78
NOI $63.7k $6.50
9,800 SF · lease $9.72/SF/yr · vacancy 4.50% · expense 30.00%

Alternative Uses

Best Use
Industrial
$909.7K
$796.0K – $1.06M (±1% cap)
NOI $63,679 @ 7.0% cap · market cap 2.89%
Second Best
Retail
$907.8K
$794.3K – $1.06M (±1% cap)
NOI $63,545 @ 7.0% cap · market cap 2.89%
Theoretical Best
Multifamily LT 5
$2.26M
$1.97M – $2.63M (±1% cap)
NOI $157,997 @ 7.0% cap · market cap 7.18%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Concept Connections Medical Clinic Wind Rose Academy High School Nina Allen Physician Lauren Upchurch Physician Jordan Barbee Physician

Suggested Use

Building Supply Auto Repair Shop Auto Parts Store Big Box & Wholesale Store Pharmacy Hotel & Motel Electrical Service Grocery & Convenience Store Grocery & Convenience Store Garden Center

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

Similar Off Market Nearby

  • Just Wangs and Thangs — 821 N Central Expy, Plano, TX 75075

FAQs

What type of property is this?
Flex space - Built in 1979 with former school classrooms and offices, plus ample parking for adaptable commercial uses.
Where is this flex space located?
The property is located at 1717 W Plano Parkway Plano, TX.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: 9,800 SF commercial building at 1717 W Plano Parkway in Plano, built in 1979; Previously a specialty school with ready‑made classrooms and offices for adaptive reuse; Versatile space for retail, industrial, office, or flex uses
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