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Property profile & analytics
OFF-MARKET
Estimated value
$8,190,000
Commercial real estate
2701 Plano Pkwy Plano, TX 75074-3743
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-4413362
Property summary
AI-generated overview
This Collin County industrial property, Plano Parkway Business Center I, located at 2701 W Plano Parkway in Plano, TX, offers 74,738 square feet of warehouse space. Multiple tenancy options are available, with suites ranging from 11,039 to 43,373 contiguous square feet; 54,412 square feet are currently vacant. The building boasts 20-foot clear ceiling heights, grade-level loading, and is fully sprinklered. Built in 1998 and renovated in 2016, the property features air-conditioned warehouse space, a mezzanine level accessible by elevator, and ample parking (4.2 spaces per 1,000 square feet). Enjoy 24/7 access and a prime location with frontage along Plano Parkway, providing easy access to SH-190 and Hwy 75. This modern facility offers a professional and contemporary environment ideal for businesses seeking a strategic location in the thriving Plano market.
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1998
Total area
174,084 SF
Lot
11.09 ac (483,080 SF)
Zoning code
RT
APN
R-0660-011-0010-1
UPID
US82-4413362
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
-
Teradyne Electronics & Wireless Store
-
Abb Restoration Services Hardware & Home Improvement Construction Company
-
DENSO International America, Inc. Corporate Office
-
Reunion Title Law Firm
-
Experts In how Business Management Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$8.97M
Blend (final)
Blend
$8.19M
Owner & transaction history
G&i Xi Plano Tech Park LP · 2 yrs held
G&i Xi Plano Tech Park LP
since 2024
6 recorded transactions
Zoning & alternative use
RT · Plano, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$12,780,000
Change: -11% · Conversion: Easy
Blend value · Realmo final
$8.19M
Range $7.37M – $9.01M · ±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
$47 / 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
$316,411
Tax year 2022
Assessed value
$16,733,985
Assessed 2023
Previous assessed
$16,733,985
+0.0% YoY
Effective rate
1.89%
On assessed value
Assessed land
$4,347,720
Assessed improvement
$12,386,265
Land market value
$4,347,720
Improvement market value
$12,386,265
Total market value
$16,733,985
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1998
Heating
NONE
Stories
1
Total area
174,084 SF
Lot
11.09 ac (483,080 SF)
Zoning code
RT
APN
R-0660-011-0010-1
UPID
US82-4413362
Jurisdiction
COLLIN
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
RT · Plano, TX
Zoning RT · permitted uses
RT · Plano, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Plano. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$12.8M
OFFICE BUILDING
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
1998
Heating
NONE
Stories
1
Lot
11.09 ac
Current owner
From public records · entity-resolved
G&i Xi Plano Tech Park LP
Entity
Mailing address
575 5TH AVE FL #38, NEW YORK, NY 10017-2422
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 25, 2024
—
G&i Xi Plano Tech Park LP
—
Deed
related
$79,000,000 · New York Life Insurance Company
May 16, 2024
—
G&i Xi Plano Tech Park LP
Bre Jupiter Tx 1b Owner LLC
Special Warranty Deed
—
Oct 1, 2021
—
Bre Jupiter Tx 1b Owner LLC
—
Deed
related
$229,000,000 · Deutsche Bank National Trust Co
Oct 3, 2019
—
Bre Jupiter Tx 1b Owner LLC
Ieon Owner Pool 1 Texas LLC
Deed
—
Mar 11, 2015
—
Icon Owner Pool 1 Texas LLC
Bre Of Dp Tx LLC
Grant Deed
related
—
Sep 1, 2004
—
Properties Texas Clp
Cabot Industrial Properties
Grant Deed
$225,000,000 · Jackson National Life Ins Co
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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