5850 Granite Pkwy, Plano, TX 75024 – Office Building High Rise 5+ stories

OfficeYear Built 2013Total Assessed Value $102,951,940County Collin

Property Details

The Office property 5850 Granite Pkwy, Plano, TX 75024 is located in Collin County. The specific property type is Office Building High Rise 5+ stories. The total assessed value of this property is $102,951,940.

The gross building area is 318,619 square feet and the land area is 246,027 square feet for this Office Building High Rise 5+ stories built in 2013.

Legal description: Granite Park (Cpl), Blk A, Lot 3

$102,951,940

Market Value

8.00%

Cap Rate

N/A

NOI

N/A

Occupancy

Avg Rent

Property Image of 5850 Granite Pkwy, Plano, TX 75024, Office

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Property Information

Property TypeOffice

Sub Property TypeOffice Building High Rise 5+ stories

Building Area318,619

Land Size246,027

Land Value$9,841,075

Improved Value$93,110,865

Total Assessed Value$102,951,940

Year Built2013

County NameCollin

Account Number2104633

Cap Rate8.00%

Very Walkable

Good Transit

Bikeable

Amenities

HeatingNone

Type ConstructionOther

No of Stories1

Garage TypeYes 1115

Food & BeveragesRestaurant

ServicesFood Service

UtilitiesConferencing Facility

Sales History

8/22/2014

Arms-lengthNot Disclosed

Buyer

Granite Park Nmgp Iv Lp

Seller

Granite Park Iv Ltd

Book Number

20140827000923120

Recording Date

8/22/2014

Transaction Details

Granite Park Nmgp Iv Lp acquired the property from Granite Park Iv Ltd through a Arms-length transaction on 8/22/2014 for .

2/19/2014

Arms-lengthNot Disclosed

Buyer

Granite Park Iv Ltd

Seller

Zayo Group Llc

Book Number

20140304000195900

Recording Date

2/19/2014

Transaction Details

Granite Park Iv Ltd acquired the property from Zayo Group Llc through a Arms-length transaction on 2/19/2014 for .

4/1/2013

Arms-lengthNot Disclosed

Buyer

Granite Park Iv Ltd & Co Granite Properties Inc

Seller

Tollway121 Partners Ltd

Book Number

20131122001572420

Recording Date

4/1/2013

Transaction Details

Granite Park Iv Ltd & Co Granite Properties Inc acquired the property from Tollway121 Partners Ltd through a Arms-length transaction on 4/1/2013 for .

2/28/2013

Arms-lengthNot Disclosed

Buyer

Granite Park Iv Ltd & Co Granite Properties Inc

Seller

Tollway121 Partners Ltd

Book Number

20130305000296710

Recording Date

2/28/2013

Transaction Details

Granite Park Iv Ltd & Co Granite Properties Inc acquired the property from Tollway121 Partners Ltd through a Arms-length transaction on 2/28/2013 for .

Property constructed in 2013

YSale Price (USD) byXSales Year

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Mortgage History

6/22/2023

Arms length residential transactions purchase or resales$56,383,356

Borrower

Granite Park Nmgp Iv Lp

Lender

Book Number

2023.70457

Recording Date

6/22/2023

Transaction Details

Granite Park Nmgp Iv Lp borrowed the property from through a Arms length residential transactions purchase or resales transaction on 6/22/2023 for $56,383,356.

12/19/2017

Sale$61,250,000

Borrower

Lender

Book Number

Recording Date

12/19/2017

Transaction Details

borrowed the property from through a transaction on 12/19/2017 for $61,250,000.

Property constructed in 2013

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Assessment History

Assessment Year ↓	Assessed Land Value ↕	Assessed Improved Value ↕	Assessed Total Value ↕	Market Value ↕	Owner Name ↕	Owner Address ↕	Legal Description ↕	Neighborhood Code ↕	Sub Division ↕	Land Size (SF) ↕	GBA (SF) ↕
2026	$9,841,075	$91,087,972	$100,929,047	$100,929,047	Granite Park Nmgp Iv...	5601 Granite Pkwy St...	Granite Park (Cpl), ...	Offa	S4222	246,027	318,619
2025	$9,841,075	$93,110,865	$102,951,940	$102,951,940	Granite Park Nmgp Iv...	5601 Granite Pkwy St...	Granite Park (Cpl), ...	Offa	S4222	246,027	318,619
2024	$9,841,075	$103,671,025	$113,512,100	$113,512,100	Granite Park Nm/gp I...	5601 Granite Pkwy St...	Granite Park (Cpl), ...	OFFA	S4222	246,027	318,619
2023	$9,841,075	$112,980,158	$122,821,233	$122,821,233	Granite Park Nm/gp I...	5601 Granite Pkwy St...	Granite Park (Cpl), ...	OFFA	S4222	246,027	318,619
2022	$9,841,075	$109,744,422	$119,585,497	$119,585,497	Granite Park Nm/gp I...	5601 Granite Pkwy St...	Granite Park (Cpl), ...	FA	S4222	246,027	318,619
2021	$9,841,075	$104,341,575	$114,182,650	$114,182,650	Granite Park Nm/gp I...	5601 Granite Pkwy St...	Granite Park (Cpl), ...	-	S4222	246,027	318,619
2020	$9,841,075	$108,435,208	$118,276,283	$118,276,283	Granite Park Nm/gp I...	5601 Granite Pkwy St...	Granite Park (Cpl), ...	-	S4222	246,027	318,619
2019	$9,841,075	$104,049,875	$113,890,950	$113,890,950	Granite Park Nm/gp I...	5601 Granite Pkwy St...	Granite Park (Cpl), ...	-	S4222	246,027	318,619
2018	$9,841,075	$98,363,925	$108,205,000	$108,205,000	Granite Park Nm/gp I...	5601 Granite Pkwy St...	Granite Park (Cpl), ...	-	S4222	246,027	318,619
2017	$9,841,075	$85,096,402	$94,937,477	$94,937,477	Granite Park Iv Ltd	C/o Granite Properti...	Granite Park (Cpl), ...	-	S4222	246,027	318,619

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Showing 1 to 10 of 18 entries

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Rent & Occupancy

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Comparables

Address ↕	Assessors Parcel Number ↕	Property Type ↕	Property Sub Type ↕	Owner Name ↕	County ↕	Miles ↕	Sale Price ↕	Sale Date ↕	Price / SF ↕	Year Built ↕	GBA ↕	Units ↕
5850 Granite Pkwy, Plano, TX 75024	2104633	Office	Office Building High Rise 5+ stories	Granite Park Nmgp Iv Lp	Collin	-	-	-	-	2013	318,619	-
7300 State Hwy 121, Mckinney, TX 75070	2833975	Office	Office Building High Rise 5+ stories	Kdp D121 I Lp	Collin	7.5	$ 49,210,000	2025-10-15	$ 247.14	2021	199,115	-
1150 State St, Richardson, TX 75082	2719586	Office	Office Building High Rise 5+ stories	Jfsf Edgewood 13 Llc	Collin	9.2	$ 199,500,000	2024-06-13	$ 518.80	2013	384,538	-
14221 Dallas Pkwy, Farmers Branch, TX 75254	240655200B0010000	Office	Office Building High Rise 5+ stories	Ip2 Owner Lp	Dallas	10.1	$ 104,172,250	2024-09-03	$ 256.58	2000	406,000	-
13737 Noel Rd, Dallas, TX 75240	007003000B01A0000	Office	Office Building High Rise 5+ stories	Ipers Galleria North Tower I Inc	Dallas	10.6	$ 84,318,010	2025-04-03	$ 213.54	1998	394,853	-
14800 Landmark Blvd, Addison, TX 75254	10005360000010000	Office	Office Building High Rise 5+ stories	Landmark Quorum Holdings Llc	Dallas	9.6	$ 20,833,120	2024-11-22	$ 134.79	1984	154,561	-
8201 Preston Rd, Dallas, TX 75225	00562400050010000	Office	Office Building High Rise 5+ stories	Trt Preston Sherry Llc	Dallas	15.6	$ 54,184,200	2025-07-22	$ 345.93	1986	156,635	-
5320 Legacy Dr, Plano, TX 75024	2623491	Office	Office Building Low Rise 1 - 4 stories	Raising Cane S Restaurants Llc	Collin	1.2	$ 42,575,000	2024-08-13	$ 107.95	1988	394,405	-
5360 Legacy Dr, Plano, TX 75024	2643898	Office	Office Building Low Rise 1 - 4 stories	Tcal Property Owner Llc	Collin	1.0	$ 29,925,000	2024-11-22	$ 75.87	1985	394,405	-
5340 Legacy Dr, Plano, TX 75024	2645994	Office	Office Building Low Rise 1 - 4 stories	Tcal Property Owner Llc	Collin	1.2	$ 29,925,000	2024-11-22	$ 75.84	1985	394,605	-
6460 Las Colinas Blvd, Irving, TX 75039	32048590010010000	Office	Office Building Low Rise 1 - 4 stories	Citigroup Technology Inc	Dallas	15.0	$ 64,888,040	2024-12-09	$ 269.65	2005	240,639	-

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Nearby Lenders

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Lender Name ↕	Property Address ↕	Loan Date ↕	Mortgage Amount ↕	Land Size (SF) ↕	Year Built ↕	GBA (SF) ↕	Total Assessed Value ↕	Land Assessed Value ↕	Borrower ↕
—	5850 Granite Pkwy, Plano, TX 75024	—	-	246,027	2013	318,619	$ 102,951,940	$ 9,841,075	-
Breds V Loan Holdings Smbc Llc	5949 Sherry Ln, Dallas, TX 75225	07/31/2025	$ 102,000,000	89,328	1982	325,000	$ 123,771,450	$ 11,612,640	Sterling Plaza Owner Lp
Bank Of The Orient	2054 N State Hwy 360, Grand Prairie, TX 75050	07/29/2025	$ 6,500,000	48,813	1982	0	$ 97,626	$ 97,626	Amco Partners Ltd
Ohio State Life Insurance Comp	5360 Legacy Dr, Plano, TX 75024	07/18/2025	$ 13,500,000	1,699,624	1985	394,405	$ 45,567,000	$ 30,593,233	Tcal Property Owner Llc
Legend Bank Na	25663 Smotherman Rd Unit302, Frisco, TX 75033	06/24/2025	$ 250,000	169,318	2021	1,200	$ 379,226	$ 53,782	Hrk Solutions Llc
New York Life Insurance Co	2999 Olympus Blvd, Dallas, TX 75019	06/10/2025	$ 63,000,000	221,198	2020	322,377	$ 67,674,180	$ 1,769,580	Epccw13 Llc
Argentic Real Estate Finance L	8140 Walnut Hill Ln, Dallas, TX 75231	06/06/2025	$ 17,400,000	156,467	1981	169,795	$ 27,013,560	$ 2,347,010	Icm One Glen Lakes Lp
Maker 22 Llc	801 Calhoun St, Fort Worth, TX 76102	06/05/2025	$ 4,250,000	20,000	1917	1,024	$ 1,401,000	$ 1,400,000	Georgian Holdings Llc
First Liberty Bank	1901 N State Hwy 360, Arlington, TX 76006	05/29/2025	$ 4,822,066	16,553	1984	0	$ 107,594	$ 107,594	Ccinorth Hwy 360 Lp
First Liberty Bank	1901 N State Hwy 360, Grand Prairie, TX 76006	05/29/2025	$ 4,822,066	26,136	1984	149,058	$ 156,816	$ 156,816	Ccinorth Hwy 360 Lp
Overseachinese Bkng Corp Ltd	1825 Market Center Blvd, Dallas, TX 75207	04/29/2025	$ 6,696,902	152,024	1983	114,732	$ 9,317,000	$ 5,320,840	1825 Market Center Lp

Mean$ 34,246,975

Median$ 12,750,000.0

Loan Amount Range$ 250,000 - $ 150,000,000

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Tenant Details

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Property Address ↕	Owner Name ↕	Phone ↕	Industry Description ↕
5850 GRANITE PKWY STE 400, PLANO, TX 75024-0047	METHANEX CORP	9727020909	GAS PRODUCERS
5850 GRANITE PKWY STE 600, PLANO, TX 75024-6753	CENTER FOR AUTISM RELATED	9712563400	NONCLASSIFIED ESTABLISHMENTS
5850 GRANITE PKWY STE 600, PLANO, TX 75024-6753	CENTER FOR AUTISM	8185934532	EDUCATIONAL CONSULTANTS
5850 GRANITE PKWY STE 1200, PLANO, TX 75024-0016	ACTIVE NETWORK LLC	4692910300	COMPUTER SYSTEMS DESIGN SERVICES
5850 GRANITE PKWY STE 730, PLANO, TX 75024-0035	BG STAFFING INC	9726922400	EMPLOYMENT CONTRACTORS-TEMPORARY HELP
5850 GRANITE PKWY STE 600, PLANO, TX 75024-6753	MITEL NETWORKS CORP	4695748000	UNCLASSIFIED ESTABLISHMENTS
5850 GRANITE PKWY STE 200, PLANO, TX 75024-0090	VALERO TITLE INC	2144368550	INSURANCE
5850 GRANITE PKWY STE 600, PLANO, TX 75024-6753	CENTER FOR AUTISM	8187129590	EDUCATIONAL CONSULTANTS
5850 GRANITE PKWY STE 730, PLANO, TX 75024-0035	BG MULTIFAMILY	9726922400	PERSONNEL CONSULTANTS
5850 GRANITE PKWY STE 800, PLANO, TX 75024-0017	AXXYS TECHNOLOGIES	2142972100	ALL OTHER INFORMATION SERVICES

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License Details

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