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Property profile & analytics
OFF-MARKET
Land

9020 Rasor Blvd Plano, TX 75024

1 SF 2.94 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 2.94-acre commercial land parcel presents a unique ground lease opportunity in a prime Plano, Texas location. Situated at the intersection of Highway 121 and Rasor Boulevard, this property boasts excellent visibility and convenient access to major thoroughfares. The site is strategically located in an affluent area, proximate to the upscale Stonebriar Centre mall, ensuring high traffic volume and strong consumer demographics. The single-tenant zoning allows for a variety of development options, making it ideal for businesses seeking a high-profile location. Furthermore, this land parcel benefits from its adjacency to a planned hotel development, creating a synergistic environment and enhancing its long-term value. Multiple pad sites are available, offering flexibility for development and potential for increased revenue streams. This is an exceptional opportunity for investors and developers seeking a high-impact commercial property in a thriving market. The property's size and location make it an attractive investment for businesses seeking a prominent presence in a densely populated and affluent area. The ground lease structure offers flexibility and potential cost savings for developers. Don't miss this chance to secure a piece of prime real estate in one of Plano's most desirable locations. This property is ready for immediate development.

Property profile
Verified
Property type Land
Total area 1 SF
Lot 2.94 ac (128,066 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • ECHO Suites Extended Stay by Wyndham Dallas Plano/Frisco Hotel & Motel Vacation Rental
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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