3001 Dallas PkwyPlano, TX 75093

Property Details for 3001 Dallas Pkwy

Year built

2003

Lot size

1.75 AC

Property size (Sq ft)

18,145 SF

Zone code

TE

Property type

Office properties

Property subtype

Office buildings

APN

R-3088-00B-004R-1

APU

R308800B004R1

Description

The Castle at Willow Bend, located at 3001 Dallas Parkway in Plano, Texas (75093), offers 23,795 square feet of Class B medical office space in a prestigious setting. This multi-tenant building sits on a 1.36-acre lot and boasts timeless architecture with elaborate custom interior finishes. Five suites are currently available, ranging from 880 to 7,243 contiguous square feet, with a total of 10,440 square feet currently vacant. The building provides ample parking with a ratio of 3.74 spaces per 1,000 square feet. Its strategic location in Collin County offers prominent exposure to the Dallas North Tollway, along with building and monument signage opportunities. The property enjoys exceptional proximity to major medical facilities, including Texas Health Presbyterian Hospital of Plano, and is minutes away from Frisco's Platinum Corridor, the Sam Rayburn Tollway, and the President George Bush Turnpike. Furthermore, it benefits from its convenient location near numerous retail, restaurant, and recreational options such as The Shops at Willow Bend, The Shops at Legacy, and Legacy West. This presents a unique opportunity for medical practices seeking a high-profile location with excellent accessibility and amenities.

• CAP approach

  CAP return

  Valuation

  6%

  $3,996,011

  6.5%

  $3,688,626

  7%

  $3,425,152

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,653,916

  Geo Method

  $2,183,206

• Alternative Use

  Use

  Valuation

  Residential

  $4,573,896

  Hospitality

  $4,189,664

  Educational

  $3,485,752

  Medical

  $3,605,632

  Retail

  $5,422,280

Location Insight

City

Plano

County

Collin

State

Texas

Latitude

33.0414

Longitude

-96.8307

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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