2800 Regal Rd Plano, TX 75075
Property profile & analytics
2800 Regal Rd Plano, TX 75075
- Office buildings
- 6,473 SF
- 0.46 lot acres
Property ID
US82-3621250
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Property Solution Network / Roofing Company / General Contractor
- PPC Rainmakers / Advertising Agency / Marketing & Advertising
- CryptoBotsPro / Consultant
- CK Law Firm / Law Firm
- Marketing Agency Solutions / (Bike/Boat/Book/etc) Store / Corporate Office
Property Details for 2800 Regal Rd
- Year built
- 1981
- Lot size
- 0.46 lot acres
- Property size
- 6,473 SF
- Zone code
- O-S
- Property type
- Office buildings
- APN
- R-0467-002-0010-1
- APU
- R046700200101
Description
This meticulously maintained, single-story office building at 2800 Regal Rd, Plano, TX 75075, offers a compelling value-add investment opportunity. The 6,505 square foot building, situated on a 0.46-acre lot in the desirable Royal Center office park, boasts a current NOI of $58,982 and a pro-forma NOI of $69,000, translating to a 2.97% cap rate and a pro-forma cap rate of 3.48%. The property features six tenants under a gross lease structure, with 5,752 square feet of net rentable space. Recent renovations (2021-2022) include a full common-area remodel and modernization, new HVAC systems, high-end restrooms with touchless fixtures, electronic access control, high-definition CCTV, and 100% LED lighting. The building, constructed in 1981, includes 23 parking spaces and is zoned O-1 (Commercial). The asking price is $1,984,000, representing a price per square foot of $305 and a price per unit of $1,984,000. This turnkey asset presents immediate income with significant upside potential through rent increases or lease renewals. The property's high occupancy rate and prime location in central Plano make it an exceptional investment opportunity.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Plano
- County
- Collin
- State
- Texas
- Longitude
- -96.7481
- Latitude
- 33.0213
- CBSA code
- 19100
- CBSA name
- DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$10,988
$179,829
$414,398
$594,227
-
$179,829
$414,398
$594,227
