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Executive Summary
1505 Capital Avenue presents an opportunity to acquire a commercial industrial asset within Plano's established Palisades Business Park. The property is positioned in a business-oriented corridor with access to the greater Dallas-Fort Worth metroplex, providing connectivity to major employment centers, regional transportation networks, and the extensive customer and labor base that supports one of the nation's largest metropolitan economies.
The property benefits from its location in Plano, a city recognized for its diverse corporate presence, business-friendly environment, and proximity to major transportation routes including US-75 and President George Bush Turnpike. This connectivity supports a wide range of industrial, service, distribution, and operational users seeking efficient access throughout North Texas. The surrounding area includes a mix of industrial, commercial, and business park development, contributing to long-term occupancy demand and functional utility.
Situated on approximately 0.92 acres within an established commercial setting, the asset offers investors and owner-users the opportunity to acquire a property in a mature infill location where developable industrial sites are increasingly limited. The combination of existing commercial improvements, established infrastructure, and regional accessibility supports a variety of business operations while benefiting from Plano's continued economic significance within the Dallas-Fort Worth market.
The property benefits from its location in Plano, a city recognized for its diverse corporate presence, business-friendly environment, and proximity to major transportation routes including US-75 and President George Bush Turnpike. This connectivity supports a wide range of industrial, service, distribution, and operational users seeking efficient access throughout North Texas. The surrounding area includes a mix of industrial, commercial, and business park development, contributing to long-term occupancy demand and functional utility.
Situated on approximately 0.92 acres within an established commercial setting, the asset offers investors and owner-users the opportunity to acquire a property in a mature infill location where developable industrial sites are increasingly limited. The combination of existing commercial improvements, established infrastructure, and regional accessibility supports a variety of business operations while benefiting from Plano's continued economic significance within the Dallas-Fort Worth market.
Property Facts
| Sale Type | Owner User | No. Stories | 1 |
| Property Type | Flex | Year Built | 1984 |
| Property Subtype | Flex Research & Development | Tenancy | Single |
| Building Class | B | Parking Ratio | 3/1,000 SF |
| Lot Size | 1.15 AC | Clear Ceiling Height | 14’ |
| Rentable Building Area | 12,036 SF | No. Dock-High Doors/Loading | 3 |
| Zoning | LI-1 | ||
| Sale Type | Owner User |
| Property Type | Flex |
| Property Subtype | Flex Research & Development |
| Building Class | B |
| Lot Size | 1.15 AC |
| Rentable Building Area | 12,036 SF |
| No. Stories | 1 |
| Year Built | 1984 |
| Tenancy | Single |
| Parking Ratio | 3/1,000 SF |
| Clear Ceiling Height | 14’ |
| No. Dock-High Doors/Loading | 3 |
| Zoning | LI-1 |
Amenities
- Property Manager on Site
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Minimal public transit
10/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | R-0304-006-0040-1 | Improvements Assessment | $665,832 |
| Land Assessment | $599,821 | Total Assessment | $1,265,653 |
Property Taxes
Parcel Number
R-0304-006-0040-1
Land Assessment
$599,821
Improvements Assessment
$665,832
Total Assessment
$1,265,653
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