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Versatile Flex and Office Building
For Sale
$2,200,000

1717 W Plano Parkway Plano, Plano, TX 75075

Built in 1979, this 9,800-square-foot building offers flexible classroom-and-office layout for retail, industrial, or flex use.

Property Size9,800 SF
Price / SF$224.49
Days on Market86

Property Features for 1717 W Plano Parkway Plano

General Information

Standard status Active
Size 9,800 SF
Zoning Light Industrial

Taxes and HOA fees

Annual Taxes $35,524

Building Details

Building Size 9,800 SF
Year Built 1979
Stories 1
Listed By: Travion Brown
Source: Jparhouston
Added: Jul 13 Changed: Sep 29 Last Checked: Oct 5 at 4:17PM

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 Travion Brown

Investment Insights

Based on property information with market context.

Located at 1717 W Plano Parkway, this versatile 9,800-square-foot building was built in 1979 and previously operated as a specialty school. The prior educational build-out includes ready-made classrooms and offices, supporting adaptive reuse across a range of commercial formats.

Positioned on a centrally located commercial corridor, the property is described as offering excellent visibility and ample parking. Its flexible layout is intended to accommodate a mix of uses such as showrooms, workshops, modern office suites, or other mixed-use tenant configurations.

The building’s structure and existing interior configuration make it well-suited for tenants or buyers looking for an adaptable space that can be reconfigured beyond a traditional single-purpose layout.

Key Highlights

  • 9,800 SF building at 1717 W Plano Parkway in Plano, built in 1979
  • Flexible layout suitable for retail, industrial, office, and flex space
  • Previously a specialty school with ready‑made classrooms and offices

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$63,679
Cap Rate
2.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,273,580 $1.3M
Cap Rate 7%
$909,700 $909.7K
Cap Rate 9%
$707,544 $707.5K
Market Conditions
NOI Build-Up for 9,800 SF
Gross rent
$95.3K $9.72/SF
− Vacancy
−$4.3K −$0.44/SF
EGI
$91.0K $9.28/SF
− OpEx
−$27.3K −$2.78/SF
NOI
$63.7K $6.50/SF
Area
Plano, TX
Vacancy
4.50%
Lease Rate
$9.72 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,273,580
Cap Rate 7%
$909,700
Cap Rate 9%
$707,544

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
Flex RnD
$813.8K
$712.0K – $949.4K (±1% cap)
NOI $56,963 @ 7.0% cap · market cap 2.59%
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 authorities.

Property Analytics

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Current Use

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

Suggested Use

Top Pick Building Supply Auto Repair Shop Auto Parts Store Big Box & Wholesale Store Pharmacy Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

864
Businesses Nearby
Under-served
Demand for This Use

Demographics for 75075, TX

36,600
Population
16,262
Households
2.3
Avg Household Size
41
Median Age
50%
College-Educated
94%
High-School Grad
9.7 sq mi
ZIP Area
3,773
Density / Sq Mi
$91,517
Median Household Income
$52,749
Median Earnings
$1,653
Median Rent
$390,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Similar Off Market Nearby

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

Frequently Asked Questions

What type of property is this?
Flex space - Built in 1979, this 9,800-square-foot building offers flexible classroom-and-office layout for retail, industrial, or flex use.
Where is this flex space located?
The property is located at 1717 W Plano Parkway Plano 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 building at 1717 W Plano Parkway in Plano, built in 1979; Flexible layout suitable for retail, industrial, office, and flex space; Previously a specialty school with ready‑made classrooms and offices
More about this property
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