812 Lexington Dr Plano, TX 75075-2357
This exceptional 7,480 square foot free-standing office building presents a unique investment opportunity in Plano, Texas. Strategically located just one block from the intersection of Parker Road and US Highway 75, this property enjoys unparalleled visibility and accessibility, situated next to a Target store. The building's two levels offer a versatile layout perfect for a single owner or corporate entity seeking to establish a strong brand presence. The interior boasts a well-balanced mix of executive offices, boardrooms, and open workspaces, catering to diverse operational needs. Both levels are conveniently equipped with restrooms and kitchen facilities. Ample parking is provided, exceeding industry standards with a ratio of 3.74 spaces per 1,000 square feet. The property sits on a 0.55-acre lot and is zoned Corridor Commercial (CC), allowing for retail, service, office, and limited manufacturing uses. This presents a rare opportunity to acquire a high-quality, well-located office building in a thriving Plano market. The asking price is $1,650,000. This property is ready for immediate occupancy and offers significant potential for growth and return on investment. Don't miss this chance to own a premier commercial property in a prime Plano location.
-
Micronet Communications, Inc. Engineering Consultant
The LC district is intended to provide for a wide array of retail, office and service uses to meet the needs of local residents and businesses.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
LC · Plano, TXThe LC district is intended to provide for a wide array of retail, office and service uses to meet the needs of local residents and businesses.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.