3915 Mcdermott Rd Plano, TX 75025-4403
This exceptional 13,200 square foot single-story office building is situated on a 1.45-acre lot at 3915 McDermott Road in Plano, Texas. Boasting excellent retail-type exposure on McDermott Road, this property offers significant visibility and accessibility. Currently configured as a single-tenant building, it provides the flexibility to be easily adapted for multi-tenant occupancy, catering to a variety of business needs. The building will be delivered vacant upon sale, presenting a unique opportunity for an owner-user or investor seeking a prime location in a thriving market. Ample parking is provided with a generous ratio of 5 spaces per 1,000 square feet. The property is zoned R-Retail and PD-434, allowing for a wide range of uses including office, medical office, professional services, retail stores, shopping centers, banks, business services, restaurants, veterinary clinics, and more. This versatile property presents a compelling investment opportunity in a highly desirable Plano location. The asking price is $5,280,000. The substantial lot size and flexible zoning make this an ideal location for a variety of commercial ventures. Its prominent location and ample parking ensure high visibility and convenience for tenants and customers alike.
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Re/Max Dallas Suburbs: Coats Jeff Real Estate Agency
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Roy Ghassemi, RE/MAX Dallas Suburbs Real Estate Agency
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Gloria Burleson Real Estate Agency
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Vickie Mox, Realtor - RE/MAX Dallas Suburbs Real Estate Agency
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Remarkable Property Management Property Management Company
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
R · Plano, TXThe 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.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.