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Property profile & analytics
OFF-MARKET
Commercial real estate

2707 15th St Plano, TX 75075-7544

4,500 SF 0.58 ac lot Built 1984
Entity Owned 23-yr Hold Free & Clear
Property ID
US82-0419301
Property summary
AI-generated overview

Cloister Square Shopping Center presents a compelling investment opportunity in the thriving city of Plano, Texas. This established Class B retail strip center, totaling 83,924 square feet, sits on a generous 8.18-acre lot at 2707-2819 W 15th Street, Plano, TX 75075, in Collin County. Currently, there is 1,198 square feet of vacant space available, offering a unique chance to establish or expand your business within a well-established center. Built in 1977, the center benefits from high visibility and accessibility, strategically located near the President George Bush Turnpike (PGBT) and Highway 75, ensuring convenient access for both customers and employees. The center enjoys consistent foot traffic, drawing from affluent nearby neighborhoods, Plano ISD and UTD students, and the broader Plano community. The presence of national retailers within the immediate vicinity further enhances the center's appeal and attracts a steady stream of customers. This multiple-tenancy property offers a strong foundation for retail success in a high-demand area. The available space is 1,198 square feet, but the entire center comprises 83,924 square feet. This property is an excellent opportunity for businesses seeking a prime location in a bustling retail environment.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1984
Total area 4,500 SF
Lot 0.58 ac (25,265 SF)
Zoning code R
APN R-0161-00A-001C-1
UPID US82-0419301
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
  • Junk Car Girls - Cash For Junk Cars Plano TX Car Dealership
  • Little Rome Restaurant & Pizza Restaurant
  • Cloister Square Shopping Center & Mall
  • Kids USA Montessori of East Plano Daycare Center
  • Churn and Bake Ice Cream Grocery & Convenience Store Specialty Food Shop
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
Maydal LP · 23 yrs held
Maydal LP
since 2003
2 recorded transactions
2003
Price N/A
2002
Price N/A
Zoning & alternative use
R · Plano, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

The R district is primarily intended to provide areas for neighborhood, local and regional shopping facilities for the retail sales of goods and services including convenience stores, shopping centers and regional malls but not including wholesaling or warehousing.

Zone name Retail
General category COMMERCIAL
Zone area 1,734.98 ac
Source Realmo
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