1801 Greenville AveRichardson, TX 75081

Property Details for 1801 Greenville Ave

Year built

2008

Construction

FRAME

Lot size

5.64 AC

Property size (Sq ft)

371,287 SF

Zone code

Z236

Property type

Apartment buildings

APN

420687500A0050000

APU

420687500A0050000

Description

This exceptional Class A retail property, located at 1801 N. Greenville Ave. in Richardson, Texas, offers multiple spaces ideal for a variety of businesses. Situated on a 5.64-acre lot in the thriving Dallas County, this 38,345 square foot building was constructed in 2007. The property boasts a prime location within the Post Eastside mixed-use development, a premier destination featuring 435 apartment homes, providing a built-in customer base. Spaces range from a minimum of 1,517 square feet to a maximum contiguous space of 6,479 square feet, offering flexibility for various retail concepts. Currently, there is 89,741 square feet of vacant space available. The property's strategic location near the North Central Expressway and Telecom Corridor ensures high visibility and accessibility, making it an attractive opportunity for businesses seeking a prominent presence in a vibrant and densely populated area. The property's "A" classification reflects its high-quality construction and desirable amenities. This is a unique opportunity to establish or expand your business in a thriving mixed-use development in the heart of Richardson, Texas, zip code 75081. The property is easily accessible and offers ample parking for customers and employees. This is a rare opportunity to secure retail space in a highly sought-after location.

• CAP approach

  CAP return

  Valuation

  6%

  $85,287,288

  6.5%

  $78,726,728

  7%

  $73,103,392

• Comparable approach

  Method

  Valuation

  Relative Method

  $70,812,008

  Geo Method

  $69,243,544

• Alternative Use

  Use

  Valuation

  Residential

  $78,726,728

  Hospitality

  $72,113,256

  Educational

  $59,997,384

  Medical

  $62,060,788

  Retail

  $93,329,264

Location Insight

City

Richardson

County

Dallas

State

Texas

Latitude

32.9744

Longitude

-96.7145

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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