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Property profile & analytics
FOR LEASE
Office buildings
3209 Premier Dr Plano, TX 75075
Entity Owned
2-yr Hold
Free & Clear
Property ID
US82-3994282
For Lease
1 / 5
Contact for pricing
3209 Premier Dr, Plano, TX 75075
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Property summary
AI-generated overview
Premier Centre, located at 3209 Premier Dr, Plano, TX 75075, offers exceptional executive office space. This well-maintained property, built in 1986, boasts a total of 22,845 square feet on a 1.56-acre lot. The building features a variety of suite sizes, ranging from a minimum of 584 square feet to a maximum contiguous space of 5,189 square feet. Currently, 13,352 square feet of space is available for lease. The property is situated in a high-traffic area just south of W. Parker Road and east of US 75, providing excellent visibility and accessibility. Ample parking is available with 71 spaces, offering a 3.15 parking ratio. The location benefits from strong demographics and a diverse mix of existing tenants, including Omega Martial Arts Center, Advanced Home Theater, and Select Auto Repair. This property is ideal for businesses seeking a prestigious address in a thriving Plano community. The property offers a blend of convenience, visibility, and ample space, making it an attractive option for a variety of professional businesses. Contact us today to learn more about leasing opportunities.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1983
Total area
23,831 SF
Lot
1.56 ac (67,779 SF)
Zoning code
LC
APN
R-1385-001-0010-1
UPID
US82-3994282
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
-
Mechanics are us Auto Repair Shop
-
Advanced Home Theater Systems Electronics & Wireless Store
-
Brian Brazil - Texas Farm Bureau Insurance Insurance Agency
-
Texas Farm Bureau Insurance - Coby Hight Insurance Agency
-
Music Gym Music Conservatory
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$745k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$514k
Blend (final)
Blend
$630k
Owner & transaction history
Crystal Springs Partners LLC · 2 yrs held
Crystal Springs Partners LLC
since 2024
7 recorded transactions
Zoning & alternative use
LC · Plano, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The LC district is intended to provide for a wide array of retail, office and service uses to meet the needs of local residents and businesses.
Zone name
Light Commercial
General category
COMMERCIAL
Zone area
343.99 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
$745,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$630k
Range $567k – $693k · ±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
$26 / 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
$22,454
Tax year 2022
Assessed value
$1,175,000
Assessed 2023
Previous assessed
$1,175,000
+0.0% YoY
Effective rate
1.91%
On assessed value
Assessed land
$1,084,609
Assessed improvement
$90,391
Land market value
$1,084,609
Improvement market value
$90,391
Total market value
$1,175,000
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
For Lease
Year built
1983
Heating
NONE
Stories
1
Total area
23,831 SF
Lot
1.56 ac (67,779 SF)
Zoning code
LC
APN
R-1385-001-0010-1
UPID
US82-3994282
Jurisdiction
COLLIN
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
LC · Plano, TXZoning LC · permitted uses
LC · Plano, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The LC district is intended to provide for a wide array of retail, office and service uses to meet the needs of local residents and businesses.
Zone name
Light Commercial
General category
COMMERCIAL
Zone area
343.99 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1983
Heating
NONE
Stories
1
Lot
1.56 ac
Current owner
From public records · entity-resolved
Crystal Springs Partners LLC
Entity
Free & Clear · 2 yrs held
Mailing address
PO BOX 5249, SANTA BARBARA, CA 93150-5249
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 29, 2025
—
Kapplap LLC
—
Deed
related
$6,000,000 · Texas Traditions Bank
May 23, 2024
—
Crystal Springs Partners LLC
Kapplap LLC
Special Warranty Deed
—
Nov 16, 2023
—
Kapplap LLC
Michele Drinkwater
Venders Lien
$1,800,000 · Texas Traditions Bank
Mar 23, 2020
—
Arian,jack & Sylvia Trust
Arian S Separate Prop Trust
Quit Claim Deed
related
—
Mar 14, 2016
—
Arian,sylvia Trust
Arian Family 2012 LLC
Quit Claim Deed
related
—
Apr 24, 2014
—
Arian Family 2012 LLC
Arian Jack & Sylvia Trust
Quit Claim Deed
related
—
Dec 28, 2012
—
Arian Family 2012 LLC
Arian Jack & Sylvia Trust
Quit Claim Deed
related
—
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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