850 Arapaho RdRichardson, TX 75081

Property Details for 850 Arapaho Rd

Year built

1992

Construction

FRAME

Lot size

1.83 AC

Property size (Sq ft)

7,750 SF

Zone code

Z137

Property type

Banks

APN

42153481280300000

APU

42153481280300000

Description

This exceptional warehouse space at Arapaho Place in Dallas County offers a prime opportunity for businesses seeking flexible industrial space. The property is a multi-tenant building with a total of 6,740 square feet, currently entirely vacant and available for lease. Units can be leased individually, with a minimum divisible space of 2,738 square feet and a maximum contiguous space of 4,002 square feet, providing options to suit various operational needs. The warehouse boasts a generous 14-foot ceiling height, offering ample vertical space for storage and operations. The property's location in Dallas County provides excellent access to major transportation routes, facilitating efficient logistics and distribution. This is an ideal space for businesses requiring a functional and adaptable warehouse solution in a strategic location. The entire 6,740 square feet is available for immediate occupancy, presenting a rare opportunity to secure a substantial and well-appointed warehouse space in a thriving Dallas County market. Interested parties are encouraged to inquire promptly to secure this exceptional property. The property is classified as industrial and specifically as a warehouse. The tenancy is multiple, allowing for flexibility in lease terms and space allocation.

• CAP approach

  CAP return

  Valuation

  6%

  $2,110,435

  6.5%

  $1,948,094

  7%

  $1,808,944

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,403,077

  Geo Method

  $2,349,850

• Alternative Use

  Use

  Valuation

  Residential

  $1,643,290

  Hospitality

  $1,505,245

  Educational

  $1,252,346

  Medical

  $1,295,416

  Retail

  $1,948,094

Location Insight

City

Richardson

County

Dallas

State

Texas

Latitude

32.9631

Longitude

-96.7508

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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