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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

COMMERCIAL - Plano, TX

Property Size9,800 SF
Lot Size1.62 Acres
Price / SF$224.49
Days on Market49

Property Features for 1717 W Plano Parkway

General Information

Property type
Commercial Sale
Property subtype
Other
Parking features
Gated, Carport
Standard status
Active
APN
R1209700A00101
Lot size
1.62 Acres

Taxes and HOA fees

Tax Description
WIND ROSE ADDITION (CPL), BLK A, LOT 1
Tax Annual Amount
35524

Utilities

Sewer type
Public Sewer
Cooling system
Electric
Water front features
Creek
Water front
1

Building Details

Year built
1979
Floors in Building
1
Number of units
1
Building materials
Brick
Listing Agency James Lester
Dallas, TX
Listed by Mike Lester
Added: Jun 2 Checked: Jul 20 at 8:06 am
MLS# 21289377

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

Located at 1717 W Plano Parkway in Plano, this versatile 9,800 square foot building was formerly a specialty school and offers a flexible configuration for a range of commercial uses. Built in 1979, the property includes ready-made classrooms and offices, which can support adaptive reuse for retail, industrial, office, or flex tenants.

Situated on a centrally located commercial corridor, the building is described as providing excellent visibility and ample parking. The existing layout is designed to accommodate everything from showrooms and workshops to modern office suites or mixed-use concepts, based on the property’s prior educational build-out.

Overall, this is a single building opportunity with an interior framework already suited to classroom- and office-style spaces, providing multiple pathways for tenant customization within the existing footprint.

Key Highlights

  • 9,800 SF building formerly a specialty school with prior classroom and office layout
  • Built in 1979 with brick construction
  • Parking includes gated access and carport spaces

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.

FAQs

What type of property is this?
Flex space - 9,800 SF building with adaptable classroom and office layout, offering visibility and ample parking for multiple 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 building formerly a specialty school with prior classroom and office layout; Built in 1979 with brick construction; Parking includes gated access and carport spaces
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