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Investment Highlights

  • Great location with high traffic counts on E Spring Creek Blvd
  • Located near residential neighborhoods and multi-family communities
  • Plano Convention Center across E Spring Creek Blvd, with more development underway
  • Close proximity to Central Expressway and Sam Johnson Highway
  • The mixed-use Assembly Park beyond the property offers retail, dining and community spaces for a live-work-play experience

Executive Summary

The site at 1801 & 1805 E Spring Creek Pky offers a cash-flowing asset with existing car wash and flex building for owner user or tenant lease. Warehouse will be vacant upon sale and market rates would suggest it may generate up to $150,000 annually in rent. Potential uses for the warehouse include sports facility, food hall and event space. Car wash could be fully automated to attract monthly subscribers.
Across the street, the Plano Event Center is undergoing a $3.2 million renovation to its courtyard, and construction of a 4-star hotel is also planned. The Annabel multi-family complex was recently completed and there is additional development in the area.

Property Facts

Sale Type Owner User
Property Type Specialty
Property Subtype Car Wash
Building Class B
Lot Size 0.80 AC
Building Size 7,036 SF
No. Stories 1
Year Built 2001
Parking Ratio 1.42/1,000 SF
Opportunity Zone Yes
Zoning COM-NEC - COM-NEC
Fairly walkable
50/100
Exceptionally drivable
100/100
Very bikeable
80/100

Property Taxes

Property Taxes

Parcel Number
R-4788-001-001R-1
Land Assessment
$1,225,321
Improvements Assessment
$766,616
Total Assessment
$1,991,937
  • Listing ID: 33568215

  • Date on Market: 10/18/2024

  • Last Updated:

  • Address: 1801 E Spring Creek Pky, Plano, TX 75074

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