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1601 Capital Avenue, Plano, TX 75074
$4,700,000
1601 Capital Avenue, Plano, TX 75074View this property at 1601 Capital Avenue, Plano, TX 75074
1601 Capital AvenuePlanoTX75074
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Property Description
6.79% Cap Rate, Sale Lease Back, Lease commences at closing, absolute NNN lease, zero landlord responsibility, rent increases 10% every five years, lease has two five year renewal options.
Full Property Details
Full Property Details for 1601 Capital Ave
General
- Price: $4,700,000
- Status: Active
- Type: Commercial Service
- MLS ID: 20492218
- Updated: 3/13/2024
- Added to Site: 140 day(s) ago
Business
- Business Type: Auto Dealer, Auto Repair-Specialty, Auto Service
Interior
- Flooring: Carpet, Ceramic Tile
Parking
- Parking Features: Other
Location
- County: Collin
- Subdivision: WARNER ADDITION
- Driving Directions: Between K Avenue and Jupiter Road, north of E Plano Parkway
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Natural Gas Available, Sewer Available, Separate Meters, Water Available
Structural Information
- Detached/Attached: Detached
- Construction: Concrete, Tilt-Up
- Roof: Flat
- Stories/Levels: 2
- Square Feet: 20,000
- Sq. Ft. Source: Assessor
- Year Built: 1984
Lot Features
- Lot Size (Acres): 1.0942
- Lot Size (Sq. Ft.): 47,663.35
- Lot Size Source: Assessor
- Zoning: LI-1
Financial Considerations
- Tenant Pays: Other
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
- Special Conditions: Standard
- Inclusions: Land & Improvements
- Property ID: 1761640
Listed by Tonia Stevens Real Estate GRP, Tonia Stevens
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Schools
Schools serving 1601 Capital Ave
School District:Plano Independent School District
Rating | Name | Grades | Distance |
---|---|---|---|
1330 19th St, Plano, TX 75074 | K-5 | 1 mi | |
504 N Star Rd, Plano, TX 75074 | 6-8 | 2.3 mi | |
1717 17th St, Plano, TX 75074 | 9-10 | 0.8 mi | |
3000 Los Rios Blvd, Plano, TX 75074 | 11-12 | 3.2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1601 Capital Ave
Date
Details
Price
Change
Source
12/09/2023
Listed
$4,700,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1601 Capital Ave
Year
Property Taxes
Change
Tax Assessment
Change
2022
$24,502
—
$1,477,267
15%
2022
$24,502
-5%
$1,282,147
1%
2021
$25,726
9%
$1,275,733
10%
2020
$23,542
—
$1,162,142
1%
2019
$23,495
-3%
$1,150,733
3%
2018
$24,228
1%
$1,121,000
2%
2017
$23,992
-6%
$1,100,727
-5%
2016
$25,595
14%
$1,159,613
15%
2015
$22,512
2%
$1,007,445
2%
2014
$22,179
—
$984,156
—
2013
$22,290
—
$985,067
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1601 Capital Ave
1601 Capital Avenue, Plano, TX 75074 (MLS# 20492218) is a Commercial Service property. 1601 Capital Avenue is currently listed for $4,700,000 and was received on December 09, 2023. Want to learn more about 1601 Capital Avenue? Do you have questions about finding other Commercial Service real estate for sale in Plano? You can browse all Plano real estate or contact a Coldwell Banker agent to request more information.