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Property profile & analytics
OFF-MARKET
Estimated value
$5,070,000
Office buildings
2701 Dallas Pkwy Plano, TX 75093-8773
Entity Owned
2-yr Hold
Free & Clear
Property ID
US83-3211511
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2005
Total area
158,000 SF
Lot
6.47 ac (281,964 SF)
Zoning code
RE
APN
R-9006-00C-0040-1
UPID
US83-3211511
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
-
Natera Patient Service Center Medical Laboratory
-
Circulus Accounting Software Company
-
Marketwave Advertising Agency Marketing & Advertising
-
National Cosmetic Network Dental Office
-
ASPIRE VENTURES Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.57M
Blend (final)
Blend
$5.07M
Owner & transaction history
Bh 2701 Dallas Parkway LLC · 2 yrs held
Bh 2701 Dallas Parkway LLC
since 2024
6 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
OFFICE BUILDING
$5,675,000
Current use
Blend value · Realmo final
$5.07M
Range $4.56M – $5.58M · ±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
$32 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$615,977
Tax year 2022
Assessed value
$32,620,800
Assessed 2023
Previous assessed
$32,620,800
+0.0% YoY
Effective rate
1.89%
On assessed value
Assessed land
$5,921,241
Assessed improvement
$26,699,559
Land market value
$5,921,241
Improvement market value
$26,699,559
Total market value
$32,620,800
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
2005
Heating
NONE
Stories
1
Total area
158,000 SF
Lot
6.47 ac (281,964 SF)
Zoning code
RE
APN
R-9006-00C-0040-1
UPID
US83-3211511
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
OFFICE BUILDING Current
Est. value
$5.7M
OFFICE BUILDING 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
2005
Heating
NONE
Stories
1
Lot
6.47 ac
Current owner
From public records · entity-resolved
Bh 2701 Dallas Parkway LLC
Entity
Free & Clear · 2 yrs held
Mailing address
11111 SANTA MONICA BLVD STE #600, LOS ANGELES, CA 90025-3340
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 8, 2024
—
Bh 2701 Dallas Parkway LLC
—
Deed
related
$10,000,000 · Standard Insurance Co
Jan 12, 2024
—
Bh 2701 Dallas Parkway LLC
Parkway Centre IV Office LLC
Special Warranty Deed
—
Sep 11, 2013
—
Parkway Centre IV Office LLC
Parkway Plaza IV LLC
Quit Claim Deed
related
—
Sep 15, 2008
—
Windsor Parkway LLC
Sombrero Partners Ltd
Grant Deed
related
—
Feb 23, 2005
—
Sombrero Partners Ltd
Dallas North Tollway Ptshp
Grant Deed
$14,653,000 · Fremont Investment & Loan
—
—
Parkway Plaza IV LLC
—
Deed Of Trust
related
$18,350,000 · New York Life Insurance
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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