For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Plano Office Space For Sale Title is generated by Realmo AI

    4691 Old Shepard Pl, Plano, TX

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    5,421 SF office space ideal for medical or professional users.

    Type:OFFICE
    Property size:
    5,421 SF
    Lot size:
    0.86 Acres
    Price / SF:
    $99/SF
    Added:
    Nov 21, 2025
    Days on Market:
    211
    Last Refresh:
    May 20 at 8:36 pm

    Property Features for 4691 Old Shepard Pl

    General Information

    Standard status
    Active
    Size
    5,421 SF
    Lot size
    0.86 Acres
    Property subtype
    OFFICE

    We can help!

    Listing Contact
    Dane Thomson
    Dane Thomson

    Listing agent Dane Thomson License #TX 435827

    Listing office Search Commercial

    Listing date Nov 21, 2025

    Source Moodyscre

    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 Search Commercial

    HighLights

    • New construction with customizable interiors, design your perfect space.
    • Ideal for medical, dental, or professional office users.
    • Close proximity to major hospitals: Texas Health Presbyterian Plano, Baylor Scott & White Medical Center, and Medical Center Plano.
    • Convenient regional access: Minutes from Dallas North Tollway and President George Bush Turnpike.
    • Surrounded by established medical and professional practices within Preston Park area.
    • 5,421 SF available (demisable to 1,202 SF).

    Overview

    This property offers 5,421 square feet of available space, which can be divided down to 1,202 square feet. It is suitable for medical, dental, or professional office users. The property is situated within the Preston Park area, surrounded by established medical and professional practices. Its location provides close proximity to major hospitals, including Texas Health Presbyterian Plano, Baylor Scott & White Medical Center, and Medical Center Plano. This is a new construction property with customizable interiors. The property is located minutes from Dallas North Tollway and President George Bush Turnpike, offering convenient regional access. Upscale retail, dining, and residential communities surround the location.

    Local Financial Insights For Healthcare Medical

    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 $52.7k $9.72
    − Vacancy −$4.2k −$0.78
    EGI $48.5k $8.94
    − OpEx −$19.4k −$3.58
    NOI $29.1k $5.37
    5,421 SF · lease $9.72/SF/yr · vacancy 8.00% · expense 40.00%

    Alternative Uses

    Best Use
    Healthcare Medical
    $415.5K
    $363.6K – $484.8K (±1% cap)
    NOI $29,086 @ 7.0% cap · market cap 5.41%
    Second Best
    Office B
    $257.2K
    $225.0K – $300.1K (±1% cap)
    NOI $18,003 @ 7.0% cap · market cap 3.35%
    Theoretical Best
    Multifamily LT 5
    $1.25M
    $1.09M – $1.46M (±1% cap)
    NOI $87,398 @ 7.0% cap · market cap 16.27%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Medical Office Space

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Similar Places Nearby

    • Ohio Drive Animal Hospital — 1101 Ohio Dr Suite: 104, Plano, TX 75093
    • Petco Vaccination Clinic — 1601 preston rd e, plano, tx 75093
    • Vetco Total Care Animal Hospital — 4836 W Park Blvd Ste 245, Plano, TX 75093

    Location Insight

    • Map
    • Local Demand
    City
    Plano
    County
    Collin
    State
    Texas
    Longitude
    -96.79
    Latitude
    33.0221

    FAQs

    What type of property is this?
    Medical Office Space - 5,421 SF office space ideal for medical or professional users.
    Where is this medical office space located?
    The property is located at 4691 Old Shepard Pl Plano, TX.
    What is the asking price?
    The asking price for this property is $537,200.
    What are key features of this property?
    This property features: New construction with customizable interiors, design your perfect space.; Ideal for medical, dental, or professional office users.; Close proximity to major hospitals: Texas Health Presbyterian Plano, Baylor Scott & White Medical Center, and Medical Center Plano.
    (214) 682-9005 Call to check price and availability
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message