600 Central ExpyRichardson, TX 75080

  • Warehouses
  • 8,800 SF
For Lease

Property Details for 600 Central Expy

Year built
1963
Construction
TILT-UP CONCRETE
Lot size
1.40 AC
Property size (Sq ft)
8,800 SF
Zone code
Z109
Property type
Warehouses
Property subtype
Self storage facilities
APN
42087800010030000
APU
42087800010030000

Description

This exceptional 1.08-acre commercial land parcel, located at 600 S Central Expressway in Richardson, Texas, presents a unique investment opportunity. Zoned PD, this single-tenant property offers 47,058 square feet of buildable land, ideal for a variety of commercial developments. The property's prime location on Central Expressway ensures high visibility and accessibility, making it an attractive site for businesses seeking a prominent presence in the thriving Richardson market. The address is 600 S Central Expy, Richardson, TX 75080. The property is currently available for a ground lease, providing a flexible option for potential developers. Its strategic location within the city offers easy access to major transportation arteries, ensuring convenient commutes for employees and customers alike. The expansive lot size allows for significant development potential, catering to a wide range of commercial projects. This is a rare opportunity to acquire a substantial land parcel in a highly desirable area of Richardson, offering excellent potential for long-term growth and return on investment. The property's zoning designation (PD) allows for a variety of commercial uses, subject to city approvals. Interested parties are encouraged to conduct their own due diligence to confirm suitability for their intended use. This is a blank canvas for a visionary developer seeking to capitalize on the vibrant commercial landscape of Richardson, Texas.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,865,929
    Hospitality
    $1,709,181
    Educational
    $1,422,018
    Medical
    $1,470,924
    Retail
    $2,212,029
600 Central Expy, Richardson, Texas

Location Insight

City
Richardson
County
Dallas
State
Texas
Latitude
32.958
Longitude
-96.7288
CBSA code
19100
CBSA name
DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$17,994
$699,320
$100,680
$800,000
-
$699,320
$100,680
$800,000

FAQs

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