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Property profile & analytics
FOR LEASE
Office buildings
4701 Old Shepard Pl Plano, TX 75093
Entity Owned
9-yr Hold
Free & Clear
Property ID
US82-4096569
For Lease
1 / 33
Contact for pricing
4701 Old Shepard Pl, Plano, TX 75093
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Property summary
AI-generated overview
This exceptional two-story Class B medical/professional office building, totaling 33,200 square feet, is situated on a 2.046-acre lot at 4701 Old Shepard Place, Plano, TX 75093, near the intersection of Park Boulevard and Preston Road. Built in 1998 and renovated in 2018, the property offers convenient access to major thoroughfares including the President George Bush Turnpike (190) and the Dallas North Tollway. The building features 109 parking spaces and elevators for easy accessibility. Multiple suites are available, ranging from a minimum divisible space of 2,594 square feet to a maximum contiguous space of 3,584 square feet, making it ideal for a variety of medical or professional practices. The building's location in the heart of Plano ensures high visibility and convenient access for patients and clients. This property presents a unique opportunity to establish or expand a thriving practice in a highly desirable area. The building is comprised of one building with two stories. The property is suitable for medical office, executive office, or traditional office uses.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1998
Total area
32,770 SF
Lot
2.06 ac (89,908 SF)
Zoning code
RT/O-M
APN
R-3277-00A-0020-1
UPID
US82-4096569
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
-
L. Shannon Glowacki, MD, FRCP (C) Physician
-
Atinder Pal Singh Panesar Physician Medical Clinic
-
Hector Reyes Physician
-
Catherine Judd, D.D.S. Dental Office
-
Frederick Matthews Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$925k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$528k
Blend (final)
Blend
$725k
Owner & transaction history
Denmiss LLC · 9 yrs held
Denmiss LLC
since 2016
1 recorded transaction
Zoning & alternative use
RT/O-M · 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
$925,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,175,000
Current use
Blend value · Realmo final
$725k
Range $653k – $798k · ±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
$22 / 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
$64,477
Tax year 2022
Assessed value
$3,092,386
Assessed 2023
Previous assessed
$3,373,948
-8.3% YoY
Effective rate
2.09%
On assessed value
Assessed land
$1,438,672
Assessed improvement
$1,653,714
Land market value
$1,438,672
Improvement market value
$1,653,714
Total market value
$3,092,386
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
1998
Heating
NONE
Stories
1
Total area
32,770 SF
Lot
2.06 ac (89,908 SF)
Zoning code
RT/O-M
APN
R-3277-00A-0020-1
UPID
US82-4096569
Jurisdiction
COLLIN
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
RT/O-M · Plano, TXZoning RT/O-M · permitted uses
RT/O-M · Plano, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.2M
OFFICE BUILDING Current
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
2.06 ac
Current owner
From public records · entity-resolved
Denmiss LLC
Entity
Free & Clear · 9 yrs held
Mailing address
2650 FM 407TH E STE #200, ARGYLE, TX 76226-7016
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 7, 2016
—
Denmiss LLC
Roger Kent Investments INC
Grant 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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