1801 Spring Creek Pkwy Plano, TX 75074
- Commercial real estate
- 16,208 SF
- 1.88 lot acres
Current Use by Public Records
- Center Car Wash / Car Wash / Gas Station
Property Details for 1801 Spring Creek Pkwy
- Year built
- 2004
- Lot size
- 1.88 lot acres
- Property size
- 16,208 SF
- Zone code
- R
- Property type
- Commercial real estate
- APN
- R-4788-001-001R-1
- APU
- R4788001001R1
Description
This exceptional mixed-use retail investment opportunity encompasses two properties located at 1801 and 1805 E Spring Creek Parkway in Plano, Texas, within Collin County, zip code 75074. The combined portfolio totals 13,060 square feet situated on a 1.875-acre lot, currently operating at 100% occupancy. The property features a cash-flowing car wash and a leased batting cage facility, providing immediate and consistent income. Its prime location is adjacent to the entrance of Assembly Park, a recently completed $500 million development including retail, creative office, and multi-family residential components. This strategic positioning offers significant upside potential. Furthermore, the property benefits from its close proximity to the Central Expressway and enjoys a highly visible location across the street from the Plano Event Center, currently undergoing a $3.2 million courtyard renovation, with a planned 4-star hotel construction nearby. The properties are zoned for retail use, presenting a compelling opportunity for redevelopment or continued operation as a high-performing retail asset. This is a rare chance to acquire a well-positioned, cash-flowing portfolio in a thriving Texas market. The properties will be sold together in a single transaction.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $595,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $821,000
Market price range: $441k - $2.15M
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Location Insight
- Map
- Local Demand
- City
- Plano
- County
- Collin
- State
- Texas
- Longitude
- -96.6871
- Latitude
- 33.0578
- CBSA code
- 19100
- CBSA name
- DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA