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Property profile & analytics
OFF-MARKET
Office buildings
1923 K Ave Plano, TX 75074-5939
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US83-4038940
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1988
Total area
2,065 SF
Lot
0.36 ac (15,839 SF)
Zoning code
RT
APN
R-0290-001-002R-1
UPID
US83-4038940
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
-
Lawrence J Kruger Inc Accounting Firm Tax Preparation
-
Kronin J Accounting Firm Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Bm Real Estate Holding Company LLC · 2 yrs held
Bm Real Estate Holding Company LLC
since 2024
3 recorded transactions
Zoning & alternative use
RT · Plano, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The RT district is intended to create a low density, employment center consisting of office, research and development facilities and limited assembly operations.
Zone name
Research And Technology Center
General category
UNKNOWN
Zone area
806.48 ac
Source
Realmo
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Plano submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Plano submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$3,057
Tax year 2023
Assessed value
$184,641
Assessed 2024
Previous assessed
$184,641
+0.0% YoY
Effective rate
1.66%
On assessed value
Assessed land
$158,390
Assessed improvement
$26,251
Land market value
$158,390
Improvement market value
$26,251
Total market value
$184,641
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1988
Heating
NONE
Stories
1
Total area
2,065 SF
Lot
0.36 ac (15,839 SF)
Zoning code
RT
APN
R-0290-001-002R-1
UPID
US83-4038940
Jurisdiction
COLLIN
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
RT · Plano, TXZoning RT · permitted uses
RT · Plano, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The RT district is intended to create a low density, employment center consisting of office, research and development facilities and limited assembly operations.
Zone name
Research And Technology Center
General category
UNKNOWN
Zone area
806.48 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1988
Heating
NONE
Stories
1
Lot
0.36 ac
Current owner
From public records · entity-resolved
Bm Real Estate Holding Company LLC
Entity
Free & Clear · 2 yrs held
Mailing address
3705 HACKBERRY LN, RICHARDSON, TX 75082-2450
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 15, 2024
—
Bm Real Estate Holding Company LLC
Bm Capital Investment Group LLC
Special Warranty Deed
—
Jan 5, 2009
—
Heritage International LLC
Dallas North Realty Preferred
Grant Deed
related
—
Aug 26, 2005
—
Dallas North Realty Preferred
Kruger,lawrence J
Grant Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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