1601 Capital Ave Plano, TX 75074
- Commercial real estate
- 20,000 SF
- 1.09 lot acres
Current Use by Public Records
- Plano Preowned Auto Group / Used Car Dealer
- Down Shift RPMS / Auto Accessories Wholesaler
- Archer Recycling / Recycling Center
- Inteknology / Recycling Center
- Autos OF Plano / Used Car Dealer
Property Details for 1601 Capital Ave
- Year built
- 1984
- Lot size
- 1.09 lot acres
- Property size
- 20,000 SF
- Zone code
- LI-1
- Property type
- Commercial real estate
- APN
- R-1762-001-0010-1
- APU
- R176200100101
Description
This exceptional 20,000-square-foot flex building, located at 1601 Capital Ave in Plano, Texas, presents a unique investment opportunity. Situated on a 1.09-acre lot in Collin County, this Class B property boasts a prime location with easy access to major transportation routes. Originally constructed in 1984 and extensively renovated in 2024, the building offers a modern and functional space ideal for a variety of uses, including flex, R&D, and warehouse operations. The property features a desirable open floor plan, perfect for customization to suit specific business needs. The building's electrical infrastructure is robust, with 200-400 amp/240V, Phase 3 power available. The zoning is designated as Light Industrial, providing flexibility for a range of permitted activities. The two-story building is comprised of a single structure, offering efficient space utilization. This turnkey property is offered at $5,100,000 and is ready for immediate occupancy. The property's recent renovation ensures modern amenities and systems, minimizing upfront capital expenditures for the new owner. This is an excellent opportunity to acquire a well-maintained, strategically located industrial property in a thriving Texas market.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Plano
- County
- Collin
- State
- Texas
- Longitude
- -96.69
- Latitude
- 33.0114
- CBSA code
- 19100
- CBSA name
- DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA