2800 Summit Ave, Plano, TX 75074 – Vocational/Technical Building

Institutional & Special Purpose BuildingsYear Built 2023Total Assessed Value $163,961,178County Collin

Property Details

The Institutional & Special Purpose Buildings property 2800 Summit Ave, Plano, TX 75074 is located in Collin County. The specific property type is Vocational/Technical Building. The total assessed value of this property is $163,961,178.

The gross building area is 346,198 square feet and the land area is 829,252 square feet for this Vocational/Technical Building built in 2023.

Legal description: Memory Tech Inc Phase 1 Addition (Cpl), Blk A, Lot 1R; * (Replat) *

$163,961,178

Market Value

N/A

Cap Rate

N/A

NOI

N/A

Occupancy

Avg Rent

Property Image of 2800 Summit Ave, Plano, TX 75074, Institutional & Special Purpose Buildings

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Property Information

Property TypeInstitutional & Special Purpose Buildings

Sub Property TypeVocational/Technical Building

Building Area346,198

Land Size829,252

Land Value$7,463,265

Improved Value$156,497,913

Total Assessed Value$163,961,178

Year Built2023

County NameCollin

Account Number2683633

Cap RateN/A

Very Walkable

Good Transit

Bikeable

Amenities

HeatingNone

Type ConstructionOther

No of Stories1

Sales History

4/3/2017

Arms-length$81,250,000

Buyer

Aligned Data Centers Propco Llc

Seller

Aligned Data Centers Llc

Book Number

20170403000417790

Recording Date

4/3/2017

Transaction Details

Aligned Data Centers Propco Llc acquired the property from Aligned Data Centers Llc through a Arms-length transaction on 4/3/2017 for $81,250,000.

1/30/2015

Arms-lengthNot Disclosed

Buyer

Ae Realty Plano Llc

Seller

Fg Summit Lp

Book Number

20150130000106580

Recording Date

1/30/2015

Transaction Details

Ae Realty Plano Llc acquired the property from Fg Summit Lp through a Arms-length transaction on 1/30/2015 for .

8/24/2012

Arms-lengthNot Disclosed

Buyer

Fg Summit Lp

Seller

2800 Summit Avenue Llc

Book Number

2012.1065220

Recording Date

8/24/2012

Transaction Details

Fg Summit Lp acquired the property from 2800 Summit Avenue Llc through a Arms-length transaction on 8/24/2012 for .

12/7/2010

Foreclosure$400,000

Buyer

Dachita Properties Llc

Seller

Distronics Texas Inc

Book Number

20101207001337570

Recording Date

12/7/2010

Transaction Details

Dachita Properties Llc acquired the property from Distronics Texas Inc through a Foreclosure transaction on 12/7/2010 for $400,000.

12/7/2010

Foreclosure$1,400,000

Buyer

Dachita Properties Llc

Seller

Distronics Texas Inc

Book Number

20101207001337560

Recording Date

12/7/2010

Transaction Details

Dachita Properties Llc acquired the property from Distronics Texas Inc through a Foreclosure transaction on 12/7/2010 for $1,400,000.

12/7/2010

Arms-lengthNot Disclosed

Buyer

2800 Summit Avenue Llc

Seller

Dachita Properties Llc

Book Number

20101208001343630

Recording Date

12/7/2010

Transaction Details

2800 Summit Avenue Llc acquired the property from Dachita Properties Llc through a Arms-length transaction on 12/7/2010 for .

Property constructed in 2023

YSale Price (USD) byXSales Year

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Mortgage History

9/2/2020

Helocs both purchase money and non purchase money helocs$125,000

Borrower

Aligned Data Centers Dfw Propco

Lender

Toronto Dominion Llc

Book Number

2020.1483830

Recording Date

9/2/2020

Transaction Details

Aligned Data Centers Dfw Propco borrowed the property from Toronto Dominion Llc through a Helocs both purchase money and non purchase money helocs transaction on 9/2/2020 for $125,000.

8/27/2019

Helocs both purchase money and non purchase money helocs$575,000,000

Borrower

Aligned Data Centers Propco Llc

Lender

Goldman Sachs Bank Usa

Book Number

2019.1049550

Recording Date

8/27/2019

Transaction Details

Aligned Data Centers Propco Llc borrowed the property from Goldman Sachs Bank Usa through a Helocs both purchase money and non purchase money helocs transaction on 8/27/2019 for $575,000,000.

9/25/2018

Sale$375,000,000

Borrower

Lender

Book Number

Recording Date

9/25/2018

Transaction Details

borrowed the property from through a transaction on 9/25/2018 for $375,000,000.

9/24/2018

Arms length residential transactions purchase or resales$375,000,000

Borrower

Aligned Data Centers Dfw Propco Llc

Lender

Goldman Sachs Bank Usa

Book Number

2018.1199250

Recording Date

9/24/2018

Transaction Details

Aligned Data Centers Dfw Propco Llc borrowed the property from Goldman Sachs Bank Usa through a Arms length residential transactions purchase or resales transaction on 9/24/2018 for $375,000,000.

12/15/2017

Sale$54,400,000

Borrower

Lender

Book Number

Recording Date

12/15/2017

Transaction Details

borrowed the property from through a transaction on 12/15/2017 for $54,400,000.

3/30/2017

Helocs both purchase money and non purchase money helocs$65,000,000

Borrower

Aligned Data Centers Propco Llc

Lender

Bpc Lending Llc

Book Number

2017.417800

Recording Date

3/30/2017

Transaction Details

Aligned Data Centers Propco Llc borrowed the property from Bpc Lending Llc through a Helocs both purchase money and non purchase money helocs transaction on 3/30/2017 for $65,000,000.

7/31/2008

Arms length residential transactions purchase or resales$4,500,000

Borrower

Disctronics Texas Inc

Lender

Manulife International Ltd

Book Number

2008.990720

Recording Date

7/31/2008

Transaction Details

Disctronics Texas Inc borrowed the property from Manulife International Ltd through a Arms length residential transactions purchase or resales transaction on 7/31/2008 for $4,500,000.

Property constructed in 2023

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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	$7,463,265	$183,559,431	$191,022,696	$191,022,696	Aligned Data Centers...	2800 Summit Ave	Memory Tech Inc Phas...	Data	S2268	829,252	346,198
2025	$7,463,265	$156,497,913	$163,961,178	$163,961,178	Aligned Data Centers...	2800 Summit Ave	Memory Tech Inc Phas...	Data	S2268	829,252	346,198
2024	$6,426,701	$67,392,624	$73,819,325	$73,819,325	Aligned Data Centers...	2800 Summit Ave	Memory Tech Inc Phas...	DATA	S2268	829,252	453,635
2023	$5,804,763	$61,189,356	$66,994,119	$66,994,119	Aligned Data Centers...	2800 Summit Ave	Memory Tech Inc Phas...	DATA	S2268	829,252	124,448
2022	$4,768,197	$55,020,840	$59,789,037	$59,789,037	Aligned Data Centers...	2800 Summit Ave	Memory Tech Inc Phas...	DATA	S2268	829,252	124,448
2021	$4,146,259	$52,034,097	$56,180,356	$56,180,356	Aligned Data Centers...	2800 Summit Ave	Memory Tech Inc Phas...	DATA	S2268	829,252	124,448
2020	$3,731,633	$50,593,065	$54,324,698	$54,324,698	Aligned Data Centers...	2800 Summit Ave	Memory Tech Inc Phas...	DATA	S2268	829,252	124,448
2019	$3,731,633	$43,346,269	$47,077,902	$47,077,902	Aligned Data Centers...	2800 Summit Ave	Memory Tech Inc Phas...	DATA	S2268	829,252	124,448
2018	$3,731,633	$42,703,438	$46,435,071	$46,435,071	Aligned Data Centers...	2800 Summit Ave	Memory Tech Inc Phas...	DATA	S2268	829,252	124,448
2017	$3,144,945	$43,365,851	$46,510,796	$46,510,796	Aligned Data Centers...	2800 Summit Ave	Memory Tech Inc Phas...	DATA	S2268	698,877	124,448

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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 ↕
2800 Summit Ave, Plano, TX 75074	2683633	Institutional & Special Purpose Buildings	Vocational/Technical Building	Aligned Data Centers Dfw Propco Llc	Collin	-	$ 81,250,000	2017-04-03	$ 234.69	2023	346,198	-
1402 E Lookout Dr, Richardson, TX 75082	422225900001A0000	Institutional & Special Purpose Buildings	Vocational/Technical Building	Hmc Data Center 3 Llc	Dallas	2.2	$ 166,250,000	2024-12-17	$ 1280.72	2015	129,810	-
11830 Webb Chapel Rd, Dallas, TX 75234	00661500000010000	Institutional & Special Purpose Buildings	Vocational/Technical Building	11830 Webb Chapel Rd Llc	Dallas	13.2	$ 205,000,000	2022-08-15	$ 552.77	1967	370,858	-
6001 W Campus Circle Dr, Irving, TX 75063	32615180000000000	Institutional & Special Purpose Buildings	Vocational/Technical Building	Vesgro Corp	Dallas	20.0	$ 2,660,000	2025-05-05	$ 19.56	1981	136,000	-

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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 ↕
—	2800 Summit Ave, Plano, TX 75074	—	-	829,252	2023	346,198	$ 163,961,178	$ 7,463,265	-
Oconee State Bank	2317 Prince Ave, Athens, GA 30606	08/05/2025	$ 819,299	128,066	1976	13,303	-	-	Integrated Vision Properties L
North Dallas Bank & Trust Co	Shiloh Rd, Plano, TX 75074	07/08/2025	$ 6,273,629	105,851	0	0	$ 24,300	$ 24,300	Plano Shiloh Holding Llc
Bo Westover Hills Lender Llc	9550 Westover Hills Blvd, San Antonio, TX 78251	06/30/2025	$ 65,700,000	420,093	2013	75,241	$ 37,000,000	$ 4,129,510	Sandc1 Investment Lp
Mizuho Bank Ltd	22574 Pacific Blvd, Sterling, VA 20166	05/15/2025	$ 450,000,000	601,128	2023	258,252	$ 72,896,800	$ 18,077,600	-
Mizuho Bank Ltd	908 Quality Way, Richardson, TX 75081	05/13/2025	$ 450,000,000	100,060	2021	111,520	$ 38,206,800	$ 800,480	Digital Collins 908 Lp
Rio Oaks Llc	6001 W Campus Circle Dr, Irving, TX 75063	05/05/2025	$ 2,000,000	204,240	1981	136,000	$ 10,191,740	$ 2,450,880	Vesgro Lp
Toronto Dominion Texas Llc	15555 Cutten Rd, Houston, TX 77070	04/09/2025	$ 1,637,000,000	720,918	1990	223,873	$ 30,727,064	$ 4,325,508	Sf Houc Llc
Toronto Dominion Texas Llc	15555 Cutten Rd, Houston, TX 77070	04/09/2025	$ 1,637,000,000	1,595,167	2006	263,640	$ 69,837,632	$ 9,571,002	Sf Houc Llc
Wilmington Trust Na	820 Allen Commerce Pkwy, Allen, TX 75013	04/08/2025	$ 1,810,000,000	522,720	2016	28,030	$ 22,383,126	$ 5,227,200	Tierpoint Properties Llc
Bison Capital Management Llc	6815 Communications Pkwy, Plano, TX 75024	01/22/2025	$ 37,970	477,374	2016	149,187	$ 57,401,727	$ 9,547,481	Overwatch Resilience Dfw Spv2 Llc

Mean$ 672,591,441

Median$ 500,000,000.0

Loan Amount Range$ 37,970 - $ 1,810,000,000

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Tenant Details

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Property Address ↕	Owner Name ↕	Phone ↕	Industry Description ↕
2800 SUMMIT AVE, PLANO, TX 75074-7444	INERTECH LLC	2034483100	HOSE COUPLINGS & FITTINGS (WHLS)
2800 SUMMIT AVE, PLANO, TX 75074-7444	ALIGNED ENERGY	8002324173	ENERGY MANAGEMENT SYSTEMS & PRODUCTS

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Tenant Industry Distribution

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License Details

This details prefers to stay low-key.

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