Entity Owned Property summary
This exceptional Class B medical office building, situated at 5501 Independence Parkway in Plano, Texas, presents a unique investment opportunity. The property, known as the Independence Medical Building, boasts a total of 57,478 square feet and offers multiple tenancy options. Built in 1986 and extensively renovated in 2019, the building is well-maintained and features modern amenities. Suites range from a minimum of 847 square feet to a maximum contiguous space of 3,144 square feet, with… seven spaces currently available, ranging from 404 to 4,149 square feet. The building's convenient location at the intersection of Spring Creek and Independence Parkway in Collin County (APN R1794669) places it within easy reach of a thriving residential and retail community. Ample parking is provided with 150 spaces. The RT/O-M zoning allows for a variety of medical and office uses. This property is ideally suited for medical practices and other businesses seeking a well-established and easily accessible location in the heart of Plano, Texas, zip code 75023. The building's current tenants represent a diverse mix of medical and general office users, demonstrating its broad appeal and strong tenant base.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2022
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
18 properties nearbyComparable nearby
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Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 52,720 SF
- Lot area
- 3 ac
- Year built
- 1986
- Stories
- 1
- APN
- R-1831-001-0040-1
- Zoning
- RT/O-M
- Assessed value · 2023
- $5,272,000
- Annual tax · 2022
- $96,888
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
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