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    1512 Central Expy Plano, TX 75074

    For Sale
    Contact for pricing

    Prime Plano location, 3,631 sq ft medical office

    Property size:
    3,631 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 3,631 square foot medical office building is ideally situated at 1512 N Central Expy in Plano, Texas, within Collin County (zip code 75074). The property sits on a 10,176 square foot lot and is zoned for Highway Commercial use, making it perfectly suited for a variety of medical practices. Its location offers excellent visibility and accessibility, benefiting from its proximity to major thoroughfares. The building is part of a larger, exciting redevelopment project transforming the Collin Creek Mall into a vibrant mixed-use development, encompassing retail, dining, entertainment, a four-star hotel, and ample open space. This revitalization initiative aims to create a thriving community hub where people can live, work, and play, significantly enhancing the area's appeal and value. The planned development includes 340,000 square feet of retail and dining space, further boosting the property's potential for growth and attracting a diverse clientele. This strategic location within the Central Expressway corridor connects East and West Plano, ensuring high traffic volume and convenient access for patients and staff. This presents a unique investment opportunity in a rapidly growing area with significant future development potential. The property's Highway Commercial zoning provides flexibility for various medical uses, making it an attractive option for both established practices and new ventures.

    Property Features for 1512 Central Expy

    General Information

    Property type
    Medical offices
    Square Feet
    3,631 SF

    HighLights

    • 3,631 SF medical office building in Plano, Texas.
    • Located at 1512 N Central Expy, Plano, TX 75074 in Collin County.
    • Hwy Commercial zoning.
    • 10,176 SF lot size.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Humane Animal Medical ... Veterinarian

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -96.7087855
    Latitude
    33.0205782

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    FAQs

    What type of property is this?
    Medical office - Prime Plano location, 3,631 sq ft medical office
    Where is this medical office located?
    The property is located at 1512 Central Expy Plano, TX.
    What are key features of this property?
    This property features: 3,631 SF medical office building in Plano, Texas.; Located at 1512 N Central Expy, Plano, TX 75074 in Collin County.; Hwy Commercial zoning.
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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
    1512 Central Expy Plano, TX 75074
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