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Property profile & analytics
OFF-MARKET
Estimated value
$3,150,000
Specialty properties
2620 Communications Pkwy Plano, TX 75093-8800
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US82-9185003
Property profile
Verified
Property type
Specialty properties
Use group
CHARITABLE ORGANIZATION
Year built
2013
Total area
56,330 SF
Lot
5.37 ac (233,787 SF)
Zoning code
RE
APN
R-9252-00C-0050-1
UPID
US82-9185003
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
-
Accel at Willow Bend Nursing Home
-
MAI PHAM Physician
-
ELLEN FAN Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.15M
Owner & transaction history
Sanctuary Ltc LLC · 4 yrs held
Sanctuary Ltc LLC
since 2021
7 recorded transactions
Zoning & alternative use
RE · Plano, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The RE district supports office, limited manufacturing and some retail uses in culturally significant, high visibility areas, ensuring compatibility with surrounding neighborhoods.
Zone name
Regional Employment
General category
INDUSTRIAL
Zone area
609.51 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS
$3,460,000
Current use
Blend value · Realmo final
$3.15M
Range $2.84M – $3.47M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$56 / SF
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 2019Property tax & assessments
Tax year 2019
Tax billed
$212,521
Tax year 2019
Assessed value
$12,674,546
Assessed 2023
Previous assessed
$10,603,000
+19.5% YoY
Effective rate
1.68%
On assessed value
Assessed land
$3,974,519
Assessed improvement
$8,700,027
Land market value
$3,974,519
Improvement market value
$8,700,027
Total market value
$12,674,546
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
Specialty properties
Use group
CHARITABLE ORGANIZATION
Status
Off-Market
Year built
2013
Heating
NONE
Stories
1
Total area
56,330 SF
Lot
5.37 ac (233,787 SF)
Zoning code
RE
APN
R-9252-00C-0050-1
UPID
US82-9185003
Jurisdiction
COLLIN
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
RE · Plano, TXZoning RE · permitted uses
RE · Plano, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The RE district supports office, limited manufacturing and some retail uses in culturally significant, high visibility areas, ensuring compatibility with surrounding neighborhoods.
Zone name
Regional Employment
General category
INDUSTRIAL
Zone area
609.51 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS Current
Est. value
$3.5M
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2013
Heating
NONE
Stories
1
Lot
5.37 ac
Current owner
From public records · entity-resolved
Sanctuary Ltc LLC
Entity
Mailing address
1500 WATERS RDG DR STE #200, LEWISVILLE, TX 75057-6056
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 29, 2021
—
Sanctuary Ltc LLC
Plano Snf Realty LLC
Special Warranty Deed
$53,070,000 · Umb Bank NA
Dec 29, 2016
—
Jorparks INC
Blue Quail Jv
Grant Deed
related
—
Oct 1, 2010
—
Plano Snf Realty LLC
Blue Quail Jv
Grant Deed
$1,402,771 · Share Plus Federal Bank
Mar 9, 2007
—
Chapel Hills & Tollway LLC
Dallas North Tollway Ptshp
Grant Deed
$3,300,000 · Adcock/hodges Family Tr (tr)
—
—
Chapel Hills & Tollway LLC
—
Deed Of Trust
related
$350,000 · Mutual Of Omaha Bank
—
—
Plano Snf Realty LLC
—
Deed Of Trust
related
$13,040,000 · Happy Sts Bk
—
—
Plano Snf Realty LLC
—
Deed Of Trust
related
$10,545,473 · American Momentum Bank
—
—
Plano Snf Realty LLC
—
Deed Of Trust
related
$1,402,771 · Share Plus Federal Bank
—
—
Plano Snf Realty LLC
—
Deed Of Trust
related
$1,402,771 · Share Plus Federal Bank
—
—
Plano Snf Realty LLC
—
Deed Of Trust
related
$1,402,771 · Share Plus Federal Bank
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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