1475 Richardson DrRichardson, TX 75080

Property Details for 1475 Richardson Dr

Year built

1986

Construction

TILT-UP CONCRETE

Lot size

2.92 AC

Property size (Sq ft)

42,058 SF

Zone code

Z206

Property type

Office buildings

APN

421068700C0080000

APU

421068700C0080000

Description

Richardson Drive Plaza offers exceptional retail space in the thriving city of Richardson, Texas. This two-building complex, totaling 42,825 square feet, presents a unique opportunity for businesses seeking flexible lease options. Currently, 15,899 square feet of space is available, divisible into units ranging from a minimum of 767 square feet to a maximum contiguous space of 6,723 square feet. The property is situated at 1475 & 1485 Richardson Drive, in the 75080 zip code, within Dallas County. The single-story buildings provide convenient access and ample space for various retail ventures. The location offers high visibility and accessibility, making it an ideal location for businesses seeking strong foot traffic and convenient access for customers. The property's multiple tenancy allows for a diverse range of businesses to coexist, creating a vibrant and dynamic retail environment. This is an excellent opportunity to establish or expand your business in a prime Richardson location. The available space is adaptable to a variety of retail concepts, offering significant potential for growth and success. Contact us today to learn more about leasing opportunities and explore the possibilities of establishing your business at Richardson Drive Plaza.

• CAP approach

  CAP return

  Valuation

  6%

  $7,791,148

  6.5%

  $7,191,830

  7%

  $6,678,128

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,175,044

  Geo Method

  $5,060,418

• Alternative Use

  Use

  Valuation

  Residential

  $8,917,869

  Hospitality

  $8,168,720

  Educational

  $6,796,279

  Medical

  $7,030,014

  Retail

  $10,571,989

Location Insight

City

Richardson

County

Dallas

State

Texas

Latitude

32.9687

Longitude

-96.7278

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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