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    2800 Regal Rd Plano, TX 75075

    For Sale
    $1,984,000

    High-demand Plano office, 100% occupied.

    Property size:
    6,505 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This meticulously maintained, single-story office building at 2800 Regal Rd, Plano, TX 75075, offers a compelling value-add investment opportunity. The 6,505 square foot building, situated on a 0.46-acre lot in the desirable Royal Center office park, boasts a current NOI of $58,982 and a pro-forma NOI of $69,000, translating to a 2.97% cap rate and a pro-forma cap rate of 3.48%. The property features six tenants under a gross lease structure, with 5,752 square feet of net rentable space. Recent renovations (2021-2022) include a full common-area remodel and modernization, new HVAC systems, high-end restrooms with touchless fixtures, electronic access control, high-definition CCTV, and 100% LED lighting. The building, constructed in 1981, includes 23 parking spaces and is zoned O-1 (Commercial). The asking price is $1,984,000, representing a price per square foot of $305 and a price per unit of $1,984,000. This turnkey asset presents immediate income with significant upside potential through rent increases or lease renewals. The property's high occupancy rate and prime location in central Plano make it an exceptional investment opportunity.

    Property Features for 2800 Regal Rd

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    6,505 SF
    Class
    B
    Lot Size
    20,038 SF

    Building Details

    Year Built/Renovated
    1981/2022
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • Highly desirable, well‑maintained small office building in Plano's Royal Center.
    • Recently modernized with significant upgrades, presenting a strong investment opportunity.
    • Exceptional occupancy (near 100%) with potential for rental growth.
    • Rare opportunity: turnkey small office building in prime Plano location.
    • High‑demand small office space in central Plano.
    • New HVAC systems (2020‑2022) with smart controls.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Property Solution Network Roofing Contractor PPC Rainmakers Marketing Agency CryptoBotsPro Consultant CK Law Firm Immigration Attorney Marketing Agency Solutions Software Company

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Plano
    County
    Collin
    State
    Texas
    Longitude
    -96.748082
    Latitude
    33.0213057

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    FAQs

    What type of property is this?
    Office Property Space - High-demand Plano office, 100% occupied.
    Where is this office property space located?
    The property is located at 2800 Regal Rd Plano, TX.
    What is the asking price?
    The asking price for this property is $1,984,000.
    What are key features of this property?
    This property features: Highly desirable, well-maintained small office building in Plano's Royal Center.; Recently modernized with significant upgrades, presenting a strong investment opportunity.; Exceptional occupancy (near 100%) with potential for rental growth.
    Request Owner's contact information
    2800 Regal Rd Plano, TX 75075
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2800 Regal Rd Plano, TX 75075
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