6700 K Ave 1 Acre of Commercial Land Offered at $1,400,000 in Plano, TX 75074
INVESTMENT HIGHLIGHTS
- Great visibility on busy intersection of Legacy Drive and K Avenue
- Population Demographics: 3 mile radius, +/- 98,000; 5 mile radius, +/- 241,000
- Traffic Levels: 25,490 VPD
- The building is +/- 1,748 SF and the land is +/- .998 Acres
- Median Household Income: 3 mile radius, +/- $80,000; 5 mile radius, +/- $90,000
- Plano is home to major corporate headquarters: Toyota Motor North America, Intuit, Bank of America, Ericsson, McAfee, Keurig Dr. Pepper, PepsiCo...
EXECUTIVE SUMMARY
Outstanding Re-Development Opportunity; Freestanding building minutes away from the Samsung Electronics America corporate headquarters and Watters Creek neighborhood shopping center. Located inside an Opportunity Zone which would provide a tax incentive for investors. Great traffic counts in a large suburban submarket with appealing demographics.
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $1,400,000 |
| Price Per AC | $1,400,000.00 |
| Lot Size | 1.00 AC |
Re-Development Opportunity. Freestanding building +/-1,748 SF. Great visibility on busy intersection of Legacy Drive and K Avenue.
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PROPERTY TAXES
| Parcel Number | R-6738-004-0050-1 | Improvements Assessment | $33,377 |
| Land Assessment | $522,720 | Total Assessment | $556,097 |
