1201 Richardson DrRichardson, TX 75080

Property Details for 1201 Richardson Dr

Year built

1981

Construction

TILT-UP CONCRETE

Lot size

2.89 AC

Property size (Sq ft)

39,466 SF

Zone code

Z206

Property type

Office buildings

APN

42106870100030100

APU

42106870100030100

Description

One Mission Plaza offers exceptional executive office space in Richardson, Texas. This two-story building, located at 1201 Richardson Dr, zip code 75080, boasts a total of 38,991 square feet of prime office space. Currently, there are multiple suites available for lease, ranging from a minimum of 882 square feet to a maximum contiguous space of 15,079 square feet. A significant 26,604 square feet is currently vacant, presenting a unique opportunity for businesses seeking expansion or relocation. The building features convenient amenities including elevators and ample parking, with a ratio of 4 spaces per 1,000 square feet. Situated in Dallas County, One Mission Plaza provides easy access to major transportation routes and is ideally located within the thriving Richardson business community. The building's executive office subtype caters to businesses seeking a professional and sophisticated work environment. Interested parties are encouraged to inquire about available space and lease terms. This is a fantastic opportunity to secure high-quality office space in a desirable location. The property is classified as an office building with multiple tenancies.

• CAP approach

  CAP return

  Valuation

  6%

  $7,310,986

  6.5%

  $6,748,603

  7%

  $6,266,560

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,856,111

  Geo Method

  $4,748,549

• Alternative Use

  Use

  Valuation

  Residential

  $8,368,268

  Hospitality

  $7,665,288

  Educational

  $6,377,430

  Medical

  $6,596,760

  Retail

  $9,920,446

Location Insight

City

Richardson

County

Dallas

State

Texas

Latitude

32.9661

Longitude

-96.7281

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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