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Property profile & analytics
FOR LEASE
Office buildings
5504 Democracy Dr Plano, TX 75024
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US82-3966122
For Lease
1 / 2
Contact for pricing
5504 Democracy Dr, Plano, TX 75024
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1997
Total area
31,162 SF
Lot
2.96 ac (129,112 SF)
Zoning code
CE
APN
R-3864-00A-0010-1
UPID
US82-3966122
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
-
Belluscura Industrial Manufacturer Production Facility
-
Fleet Commerce, Inc. Loan Service
-
North Texas Tax Lien Loans Loan Service
-
Falconbridge Cap Markets Financial Advisor
-
Trey Gray Insurance Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$915k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$950k
Owner & transaction history
Moco INC · 3 yrs held
Moco INC
since 2022
5 recorded transactions
Zoning & alternative use
CE · Plano, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The CE district is intended to provide the flexibility for an integrated development that may include retail, office, commercial and light manufacturing.
Zone name
Commercial Employment
General category
INDUSTRIAL
Zone area
2,699.54 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
$915,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$950k
Range $855k – $1.05M · ±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
$30 / 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
$110,534
Tax year 2022
Assessed value
$6,375,286
Assessed 2023
Previous assessed
$5,784,029
+10.2% YoY
Effective rate
1.73%
On assessed value
Assessed land
$2,259,443
Assessed improvement
$4,115,843
Land market value
$2,259,443
Improvement market value
$4,115,843
Total market value
$6,375,286
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
1997
Heating
NONE
Stories
1
Total area
31,162 SF
Lot
2.96 ac (129,112 SF)
Zoning code
CE
APN
R-3864-00A-0010-1
UPID
US82-3966122
Jurisdiction
COLLIN
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
CE · Plano, TXZoning CE · permitted uses
CE · Plano, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The CE district is intended to provide the flexibility for an integrated development that may include retail, office, commercial and light manufacturing.
Zone name
Commercial Employment
General category
INDUSTRIAL
Zone area
2,699.54 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1997
Heating
NONE
Stories
1
Lot
2.96 ac
Current owner
From public records · entity-resolved
Moco INC
Entity
Mailing address
5500 DEMOCRACY DR STE #120, PLANO, TX 75024-4928
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2022
—
Moco INC
—
Deed
related
$275,000 · Plainscapital Bank
Nov 18, 2020
—
Moco INC
—
Deed
related
—
Nov 9, 2018
—
Moco INC
—
Deed
related
$150,000 · Plains Cap Bk
—
—
Moco INC
—
Deed Of Trust
related
$150,000 · Plains Cap Bk
—
—
Moco INC
—
Loan Modification
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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