5068 W Plano Pkwy Plano, TX 75093
Property profile & analytics
5068 W Plano Pkwy Plano, TX 75093
- Office buildings
- 104,671 SF
- 6.00 lot acres
Property ID
US83-4107470
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
- IP Valuation Partners / Consultant
- Duval General Contractors / Construction Company / General Contractor
- Payoda Inc / (Bike/Boat/Book/etc) Store / Corporate Office
- Dr. Dana Bernstein , MS BCPC PhD / Physician / Medical Clinic
- Hardesty Cynthia / Physician / Medical Clinic
Property Details for 5068 W Plano Pkwy
- Year built
- 1986
- Lot size
- 6.00 lot acres
- Property size
- 104,671 SF
- Zone code
- O-M
- Property type
- Office buildings
- APN
- R-1820-001-0010-1
- APU
- R182000100101
Description
Parkway Commons, a three-story office building in Plano, Texas, presents a compelling owner-user opportunity. This 102,866 square foot property, situated on a six-acre lot, offers a blend of executive and medical office spaces. Built in 1986 and extensively renovated in 2022, the building boasts a 54% occupancy rate, with over 45,000 square feet immediately available. The property features small floor plates, ideal for small and mid-size businesses, and benefits from a diverse tenant base. Located at 5068 W Plano Pkwy, Plano, TX 75093, Parkway Commons enjoys excellent access to major transportation networks, including proximity to the President George Bush Turnpike. The building provides ample parking, with 3.5 spaces per 1,000 square feet. Its location within a thriving residential and medical area, near the intersection of Plano Parkway and Preston Road, ensures strong demand. The property offers significant potential for an owner-occupant seeking to control their real estate costs and capitalize on long-term land appreciation. The asking price per square foot is $350, representing a discount to replacement cost. This presents a unique chance to acquire a well-maintained asset in a prime Plano location with immediate occupancy potential and strong cash flow from existing tenants. The six-acre lot provides long-term optionality for future development. The property's location in the robust Dallas/Fort Worth market, known for its diversified economy and strong population and job growth, further enhances its investment appeal.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $955,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $2,102,000
Market price range: $1.05M - $5.73M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Plano
- County
- Collin
- State
- Texas
- Longitude
- -96.7983
- Latitude
- 33.0153
- 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
$229,299
$9,408,960
$2,914,353
$12,323,313
-
$9,408,960
$2,914,353
$12,323,313
