1301 Collins BlvdRichardson, TX 75081

Property Details for 1301 Collins Blvd

Year built

1985

Construction

TILT-UP CONCRETE

Lot size

13.15 AC

Property size (Sq ft)

228,400 SF

Property type

Office buildings

APN

420708000101B0000

APU

420708000101B0000

Description

Collins Square, located at 1301 E Collins Blvd in Richardson, Texas (zip code 75081), offers a significant opportunity for businesses seeking traditional office space in the Dallas County submarket. This Class B building, constructed in 1985, comprises 215,130 square feet across four stories and sits on a generous 13.15-acre lot. The property features a single building with multiple tenancies, offering flexible space options. Available spaces range from a minimum of 8,335 square feet to a maximum contiguous space of 19,856 square feet, with a total of 51,807 square feet currently vacant. The building provides ample parking, with a ratio of 5.04 spaces per 1,000 square feet. Power is robust, featuring a 2500 KVA, 6000 Amps, 480/277 Volts system. This location presents a compelling opportunity for businesses seeking established office space in a well-established area of Richardson. The property's size and layout offer considerable flexibility for a variety of business needs. Interested parties are encouraged to inquire about available space and lease terms.

• CAP approach

  CAP return

  Valuation

  6%

  $42,310,580

  6.5%

  $39,055,920

  7%

  $36,266,212

• Comparable approach

  Method

  Valuation

  Relative Method

  $28,103,576

  Geo Method

  $27,481,088

• Alternative Use

  Use

  Valuation

  Residential

  $48,429,340

  Hospitality

  $44,361,016

  Educational

  $36,907,844

  Medical

  $38,177,160

  Retail

  $57,412,200

Location Insight

City

Richardson

County

Dallas

State

Texas

Latitude

32.9694

Longitude

-96.7025

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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