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Property profile & analytics
FOR LEASE
Commercial real estate
5525 Granite Pkwy Plano, TX 75024
Entity Owned
4-yr Hold
Free & Clear
Property ID
US82-9264773
For Lease
1 / 10
$39 SF/Yr
5525 Granite Pkwy, Plano, TX 75024
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2022
Total area
420,131 SF
Lot
3.93 ac (171,365 SF)
Zoning code
COMM
APN
R-9220-00B-0070-1
UPID
US82-9264773
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
-
Stonebriar Commercial Finance Bank Credit Union
-
Granite Park 6 Property Management Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$35.54M
Comparable Approach
Comparable
$28.38M
Blend (final)
Blend
$31.96M
Owner & transaction history
Toll Way 121 Partners Ltd · 4 yrs held
Toll Way 121 Partners Ltd
since 2021
3 recorded transactions
Zoning & alternative use
COMM · 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
by Request
CAP Approach
CAP Return
Estimation
6%
$38,495,000
6.5%
$35,535,000
7%
$33,000,000
Blend value · Realmo final
$31.96M
Range $28.76M – $35.15M · ±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
$76 / 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
$117,805
Tax year 2022
Assessed value
$89,644,736
Assessed 2023
Previous assessed
$6,319,444
+1,318.6% YoY
Effective rate
0.13%
On assessed value
Assessed land
$5,997,776
Assessed improvement
$83,646,960
Land market value
$5,997,776
Improvement market value
$83,646,960
Total market value
$89,644,736
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Lease
Year built
2022
Heating
NONE
Stories
5
Total area
420,131 SF
Lot
3.93 ac (171,365 SF)
Zoning code
COMM
APN
R-9220-00B-0070-1
UPID
US82-9264773
Jurisdiction
COLLIN
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
COMM · Plano, TX
Zoning COMM · permitted uses
COMM · Plano, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Plano. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2022
Heating
NONE
Stories
5
Lot
3.93 ac
Current owner
From public records · entity-resolved
Toll Way 121 Partners Ltd
Entity
Free & Clear · 4 yrs held
Mailing address
5601 GRANITE PKWY STE #1200, PLANO, TX 75024-6746
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 23, 2026
—
Granite Park Vi LP
—
Deed
related
—
Nov 17, 2021
—
Toll Way 121 Partners Ltd
Granite Park III Ltd
Special Warranty Deed
—
Nov 1, 2021
—
Park Vi LP
Tollway 121 Partners Ltd
Warranty Deed
—
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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