Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1130 Arapaho Rd Richardson, TX 75081

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Prime Office Suites, 118,515 SF Total

    Lot size:
    118,515 SF

    Property Features for 1130 Arapaho Rd

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    118,515 SF
    Class
    B
    Total Rate
    148143.75

    Building Details

    Year Built/Renovated
    1985/2005
    Buildings
    1
    Stories
    4

    Spaces For Lease

    at 1130 Arapaho Rd, Richardson, TX 75081 Contact us
    Unit Suite 250

    $17 /Mo

    Size
    9,794 SF
    Contact us
    Unit Suite 140

    $17 /Mo

    Size
    5,565 SF
    Contact us
    Unit Suite 165

    $17 /Mo

    Size
    1,380 SF
    Contact us
    Unit Suite 330

    $17 /Mo

    Size
    2,921 SF
    Contact us
    Unit Suite 600

    $17 /Mo

    Size
    20,721 SF
    Contact us
    Show more

    We can help!

    Listing Contact
    Jim Kelley
    Jim Kelley

    Listing Agency: Champions DFW Commercial Realty Listing Agent: Jim Kelley

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

    Learn more

    Property Insight Report

    Overview

    This exceptional office property, located at 1130 E Arapaho Rd in Richardson, Texas, offers a diverse range of lease options within its 118,515 square feet. The building, constructed in 1985 and renovated in 2005, is a four-story Class B structure featuring both traditional and executive office suites. Multiple tenancy options are available, ranging from approximately 462 square feet to 20,000 square feet, making it suitable for businesses of various sizes. The building boasts a newly renovated lobby and common areas, creating a modern and welcoming atmosphere. Tenants benefit from ample parking, including the option for covered parking, and the convenience of an on-site cafe. Security features include access-controlled entries, elevators, and staircases, ensuring a safe and secure environment. This prime location in the Richardson Telecom Corridor provides easy access to SH 75 and Arapaho Road, offering excellent visibility and convenient commutes. The property is situated in Dallas County, Texas, with a zip code of 75081. This is a rare opportunity to secure office space in a well-maintained building with desirable amenities and a strategic location. Contact us today to learn more about available suites and lease terms.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    PHA Consulting Engineers Engineer Eligibility Consultants Inc. Business Management Consultant GlacisTech Tech Support Center LoneStar Managing General ... Corporate Office Arapaho Deli Restaurant

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Building Supply Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Richardson
    County
    Dallas
    State
    Texas
    Longitude
    -96.707387
    Latitude
    32.9600341

    Nearby Similar for Lease

    • Sponsored
      Contact for pricing

      TX, Richardson - North Collins Blvd

      Discover many ways to work your way in Doylestown
      1600 Collins Blvd, Richardson, TX 75080
      View Details
    • Sponsored
      New
      Contact for pricing

      TX, Richardson - Rockingham Ln

      Discover many ways to work your way in Doylestown
      1177 Rockingham Ln, Richardson, TX 75080
      View Details
    • New
      $2,750 /Mo
      3,300 SF

      Penthouse Office Suite in Richardson

      Executive office space with skyrise views and shared amenities.
      100 N Central Expy, Richardson, TX 75080
      View Details
    • $3,680 /Mo
      32,378 SF

      Versatile Office Space, Richardson, TX

      3,500 SF office space suitable for medical or general business.
      2097 N Collins St, Richardson, TX 75080
      View Details
    • $2,500 /Mo
      126,324 SF

      Furnished Office Space in Richardson

      Move-in ready, fully furnished office space with versatile layout.
      901 Waterfall Way, Richardson, TX 75080
      View Details
    • $5,484 /Mo
      21,693 SF

      Office Space with Exclusive Signage

      Bright office space with signage, easy highway access.
      1001 Hampshire Ln, Richardson, TX 75080
      View Details
    • $4,588 /Mo
      296 SF

      Richardson Office Space For Rent

      Office spaces available in Richardson, near US 75.
      301 S Sherman St, Richardson, TX 75081
      View Details
    • $1,164 /Mo
      21,710 SF

      Remodeled Office Space, Richardson, TX

      Newly remodeled office space with flexible floor plan and private bathroom.
      1011 Hampshire Ln, Richardson, TX 75080
      View Details
    • $4,543 /Mo
      145,970 SF

      Prime Office Space in Richardson, TX

      Exceptional commercial property in Richardson, TX with high visibility.
      1651 N Collins Blvd, Richardson, TX 75080
      View Details
    • Contact for pricing
      91,966 SF

      Richardson Flex Warehouse Spaces Available

      Adaptable flex warehouse spaces in a prime Richardson, Texas location.
      700 International Pkwy, Richardson, TX 75081
      View Details
    • Contact for pricing
      59,010 SF

      Versatile Flex Warehouse Spaces

      Adaptable flex warehouse spaces in a prime business hub.
      851 International Pkwy, Richardson, TX 75081
      View Details
    • Contact for pricing
      81,519 SF

      Versatile Flex Warehouse Spaces

      Adaptable flex warehouse spaces in a prime business hub.
      1751 International Pkwy, Richardson, TX 75081
      View Details

    FAQs

    What type of property is this?
    Office Property / Space - Prime Office Suites, 118,515 SF Total
    Where is this office property / space located?
    The property is located at 1130 Arapaho Rd Richardson, TX.
    What is the lease rate?
    The lease rate is $17 SF/Yr.
    What are key features of this property?
    This property features: ±462 - 20,000 SF of Class A office space available.; Move-in ready suites available.; Newly renovated lobby and common areas.
    (817) 488-4333 Call to check price and availability
    Request Owner's contact information
    1130 Arapaho Rd Richardson, TX 75081
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1130 Arapaho Rd
    Richardson, TX 75081
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    1130 Arapaho Rd Richardson, TX 75081
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Jim Kelley
    Jim Kelley
    Real Estate License ID: 0845742
    (817) 488-4333 (817) 909-7875
    Learn more
    Google sign-in failed. Please try again or use another login method.