201 Plano RdRichardson, TX 75081

  • Retail properties
  • 118,192 SF
For Lease

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
201 Plano Rd, Richardson, Texas

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

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
$133,328
$3,151,620
$2,775,940
$5,927,560
-
$3,151,620
$2,775,940
$5,927,560

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