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    508 W Lookout Dr Richardson, TX 75080

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    For Lease
    Contact for pricing

    Retail suites available near UTD, suitable for restaurants or retail.

    Property size:
    1,000 SF
    Lot size:
    1.19 Acres

    Property Features for 508 W Lookout Dr

    General Information

    Size
    1,000 SF
    Lot size
    1.19 Acres

    Source: Matthews Real Estate Investment Services | Dallas Agent Stratton Ross

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Suites Near UTD Campus

    Four suites, each approximately 1,000 square feet, are available, totaling approximately 4,000 square feet. The suites are best suited for restaurants, retail, or service users. The property is located only 3 miles from the UTD campus and offers high visibility on West Lookout Road. Several national tenants are located nearby, including Kroger, Target, McDonalds, Starbucks, and PetSmart. Signage is available at the property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Modern Emporium Women'S Clothing Store Barton-Howell Cleaning & Laundry Dry Cleaner CPSH Association / Organization Shred Nations Shredding Service

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Richardson
    County
    Dallas
    State
    Texas
    Longitude
    -96.7276645
    Latitude
    32.9900231

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    FAQs

    What type of property is this?
    Retail space - Retail suites available near UTD, suitable for restaurants or retail.
    Where is this retail space located?
    The property is located at 508 W Lookout Dr Richardson, TX.
    What are key features of this property?
    This property features: - Four suites available, totaling ±4,000 SF, suitable for restaurants, retail, or service businesses.; - High visibility location on West Lookout Rd.; - Proximity to national tenants like Kroger, Target, McDonalds, and Starbucks.
    (469) 571-0457
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    508 W Lookout Dr Richardson, TX 75080
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    Richardson, TX 75080
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    508 W Lookout Dr Richardson, TX 75080
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