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Property profile & analytics
OFF-MARKET
Office buildings
905 Parker Rd Plano, TX 75023-7122
Entity Owned
20-yr Hold
~
Est. High Equity
Property ID
US82-0128117
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1983
Total area
2,856 SF
Lot
0.16 ac (7,013 SF)
Zoning code
R
APN
R-0583-001-0020-1
UPID
US82-0128117
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
-
Plano Injury Rehab & Chiropractic Alternative Medicine Practice
-
Thuy Nguyen Alternative Medicine Practice
-
All Injury Rehab & Sport Therapy Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Bean Asset Management · 20 yrs held
Bean Asset Management
since 2005
3 recorded transactions
Zoning & alternative use
R · Plano, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The R district is primarily intended to provide areas for neighborhood, local and regional shopping facilities for the retail sales of goods and services including convenience stores, shopping centers and regional malls but not including wholesaling or warehousing.
Zone name
Retail
General category
COMMERCIAL
Zone area
1,734.98 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$6,420
Tax year 2022
Assessed value
$339,341
Assessed 2023
Previous assessed
$335,941
+1.0% YoY
Effective rate
1.89%
On assessed value
Assessed land
$122,728
Assessed improvement
$216,613
Land market value
$122,728
Improvement market value
$216,613
Total market value
$339,341
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
Off-Market
Year built
1983
Heating
NONE
Stories
1
Total area
2,856 SF
Lot
0.16 ac (7,013 SF)
Zoning code
R
APN
R-0583-001-0020-1
UPID
US82-0128117
Jurisdiction
COLLIN
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
R · Plano, TXZoning R · permitted uses
R · Plano, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The R district is primarily intended to provide areas for neighborhood, local and regional shopping facilities for the retail sales of goods and services including convenience stores, shopping centers and regional malls but not including wholesaling or warehousing.
Zone name
Retail
General category
COMMERCIAL
Zone area
1,734.98 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1983
Heating
NONE
Stories
1
Lot
0.16 ac
Current owner
From public records · entity-resolved
Bean Asset Management
Entity
Mailing address
905 W PARKER RD, PLANO, TX 75023-7122
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2005
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
Dec 13, 2005
—
Bean Asset Management
Hrb Property Corp
Grant Deed
$360,000 · Frost National Bank
—
—
Bean Asset Management LP
—
Deed Of Trust
related
$249,500 · American National Bank Texas
—
—
Bean Asset Management LP
—
Deed Of Trust
related
$257,058 · Frost National Bank
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.
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