201 Plano RdRichardson, TX 75081
- Retail properties
- 118,192 SF
Property Details for 201 Plano Rd
- Year built
- 1974
- Construction
- TILT-UP CONCRETE
- Lot size
- 9.04 AC
- Property size (Sq ft)
- 118,192 SF
- Zone code
- Z137
- Property type
- Retail properties
- APN
- 421476000010B0000
- APU
- 421476000010B0000
Description
Richardson Square, located at 201 S Plano Rd, Richardson, TX 75081, is a 128,860 square foot retail power center situated on 13.14 acres in Dallas County. This single-story property, renovated in 2025, comprises four buildings and currently features multiple tenants. There are three available spaces ranging from 12,800 to 30,000 square feet, totaling 70,800 square feet of vacant space. Boasting excellent visibility with approximately 33,179 vehicles passing daily on S. Plano Rd, the center benefits from its location in a densely populated residential area. Amenities include a food court, a security system, tenant-controlled HVAC, and accent lighting. The center's strategic position near prominent national retailers like Walmart, Lowe's, and Home Depot ensures consistent foot traffic and a strong consumer base. This presents a unique opportunity for businesses seeking high visibility and access to a substantial customer base in a thriving retail environment.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $32,185,354
- 6.5%
- $29,709,558
- 7%
- $27,587,446
-
Comparable approach
- Method
- Valuation
- Relative Method
- $36,648,324
- Geo Method
- $35,836,572
-
Alternative Use
- Use
- Valuation
- Residential
- $25,061,124
- Hospitality
- $22,955,854
- Educational
- $19,099,002
- Medical
- $19,755,846
- Retail
- $29,709,558
Location Insight
- City
- Richardson
- County
- Dallas
- State
- Texas
- Latitude
- 32.9439
- Longitude
- -96.6979
- CBSA code
- 19100
- CBSA name
- DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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