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$2,500,000

5945 Dallas Parkway 400, Plano, TX, 75093

Off MarketInfo
CommercialInfo
Baths0 Bath
Baths5,040 Sq Ft
BusinessBusiness
Year BuiltBuilt in 2005

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringTile

Exterior

Lot Size23,108 sqft

Building Information

Year Built2005
Stories1

Land Information

APNR-8941-000-4000-1
Lot Number400
SubdivisionCommunications Park Office Condominium (
Land UseCommercial
Legal DescriptionCOMMUNICATIONS PARK OFFICE CONDOMINIUM (CPL), UNIT 400, 13.0 % CMN INT
Census Tract031645
Assessed Land Value$392,836
Assessed Improvement Value$1,357,485
Assessment Year2025

About this property

Discover an exceptional opportunity in the heart of Plano with this prime commercial retail space. Located directly on the Dallas North Tollway, this freestanding building is ideal for medical offices, including cosmetic dental, high-end beauty salons, chiropractic, weight loss, sunless tanning, and plastic surgery clinics. Approximately 3,000 of the 5,040 sqft is available for immediate sale. Situated at the SWQ of Dallas North Tollway and Windhaven in Communications Park, this location offers unparalleled visibility and accessibility in one of Plano’s most exclusive zip codes with a high median household income. Just one mile from Texas Health Presbyterian Hospital of Plano, it’s an ideal spot for medical-related businesses. The property is also connected to an upscale medspa, adding synergy for complementary services. The building benefits from significant drive-by traffic due to its strategic position on a major freeway, ensuring maximum exposure.

Investor Tools

Property Icon
$1,750,321
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$15,000 /month
Positive
Cash Flow Estimate:
$5,000 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,006/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$27,322
$1,750,321
2025
$392,836
$1,357,485
$1,750,321
No

Tax History

Year
Tax Paid
Assessed Value
2024
$27,322
$1,750,321

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Bank And Trust Co
Unknown
$1,920,000
No
First
Apr 16, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,883,310
N/A
0%
108%
$11,512/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Plano

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5945 Dallas Parkway 400 | Property Details | No Agent List