3201 President George Bush HwyRichardson, TX 75082

  • Office buildings
  • 28,107 SF
For Lease

Property Details for 3201 President George Bush Hwy

Year built
2004
Lot size
3.00 AC
Property size (Sq ft)
28,107 SF
Zone code
D-M
Property type
Office buildings
APN
R-3987-00A-002A-1
APU
R398700A002A1

Description

This exceptional medical office space, located at 3201 E President George Bush Hwy in Richardson, Texas, offers 1,438 square feet of move-in ready space within a larger 28,000 square foot building. Suite 103 boasts two exam rooms, an executive office, a private restroom, a breakroom, and a spacious waiting area, perfectly suited for medical practices. The property sits on 2.99 acres of land and features on-site management and storage. Built in 2004, this building enjoys a prime location in Richardson's medical district, benefiting from high traffic counts on President George Bush Highway and excellent demographics with high household incomes in the surrounding area. The building provides ample parking with a ratio of 4.36 spaces per 1,000 square feet. The property is zoned for commercial use and presents a fantastic opportunity for medical professionals seeking a well-appointed and conveniently located office space in Collin County, Texas, zip code 75082. Additional space may be available within the building.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,206,758
    6.5%
    $4,806,238
    7%
    $4,462,935
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,458,438
    Geo Method
    $3,381,834
  • Alternative Use

    Use
    Valuation
    Residential
    $5,959,735
    Hospitality
    $5,459,085
    Educational
    $4,541,895
    Medical
    $4,698,098
    Retail
    $7,065,170
3201 President George Bush Hwy, Richardson, Texas

Location Insight

City
Richardson
County
Collin
State
Texas
Latitude
32.9908
Longitude
-96.666
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
2022
$100,074
$1,567,637
$3,370,376
$4,938,013
-
$1,567,637
$3,370,376
$4,938,013

FAQs

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