4865 Hedgcoxe RdPlano, TX 75024

Property Details for 4865 Hedgcoxe Rd

Year built

2012

Lot size

1.96 AC

Property size (Sq ft)

16,300 SF

Property type

Office properties

Property subtype

Office buildings

APN

R-2805-00A-004R-1

APU

R280500A004R1

Description

This exceptional two-story, 16,861 square foot Class B office building, constructed in 2012, is ideally situated at 4865 Hedgcoxe Rd, Plano, TX 75024, near Preston Road. Currently, 8,882 square feet of space is available for lease. The building features a single tenant occupancy, one elevator, and ample parking. The available space, located on the second floor, boasts numerous private offices, a reception area, waiting room, large breakroom, two bathrooms, a shower, and a conference room. A unique amenity is a private balcony overlooking the parking lot. The property also offers convenient access to major thoroughfares, including proximity to the Sam Rayburn Tollway (approximately one mile) and the Dallas North Tollway (under two miles). Its location also benefits from its closeness to the Universal Studios development and PGA Headquarters in Frisco (approximately eight miles). An added feature is a gated outdoor area adjacent to White Rock Creek and the Legacy Trail. The lease terms, price, and square footage are negotiable based on tenant qualifications and lease length. The property is zoned for Office/Medical Office use, making it suitable for a variety of businesses.

• CAP approach

  CAP return

  Valuation

  6%

  $3,589,693

  6.5%

  $3,313,563

  7%

  $3,076,880

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,384,063

  Geo Method

  $1,961,216

• Alternative Use

  Use

  Valuation

  Residential

  $4,108,818

  Hospitality

  $3,763,655

  Educational

  $3,131,317

  Medical

  $3,239,008

  Retail

  $4,870,938

Location Insight

City

Plano

County

Collin

State

Texas

Latitude

33.0834

Longitude

-96.7964

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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