Versatile Flex and Office
1717 W Plano Parkway Plano, Plano, TX 75075
For Sale
$2,200,000
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 Market118
Property Features for 1717 W Plano Parkway Plano
General Information
Standard status
Size
Zoning
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Stories
Listing Agency:
JPAR
Listed By:
Hans Jathanna
(800) 683-5651
Source:
Jparhouston
Added: Jul 13
Changed: Oct 31
Last Checked: Oct 7 at 9:59AM
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 JPAR
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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.
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
NOI $63,679 @ 7.0% cap · market cap 2.89%
Second Best
Flex RnD
$813.8K
$712.0K – $949.4K
NOI $56,963 @ 7.0% cap · market cap 2.59%
Theoretical Best
Multifamily LT 5
$2.26M
$1.97M – $2.63M
NOI $157,997 @ 7.0% cap · market cap 7.18%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
864
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
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
$390,400
Median Home Value
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Market
Average Price Trend$/SF for Flex space in Collin County, TX
Properties on Market for Flex space in Collin County
Vacancy Rate% for Office in South region
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
