Commercial Real Estate Market in Richardson, TX
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
218 active listings and 1,695 off-market properties in Richardson, TX. Commercial property asks $193/SF to buy and $16.00/SF/Yr to lease.
Market Trends
Richardson, TX spans 28.5 square miles in Dallas County, Texas. Figures below refresh monthly; last updated 31 October 2026.
Office
Office space in Richardson, TX has a median asking sale price of $62/SF (based on 7 listings). Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Typical asking range for active listings in Richardson, TX (the middle half): Lease $16.88–$78.00/SF/Yr (median $22.50/SF/Yr, 8 listings).
Retail
Retail space in Richardson, TX has a median asking sale price of $415/SF (based on 4 listings). Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Industrial
Industrial vacancy in Richardson, TX runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Multifamily
Multifamily vacancy in Richardson, TX runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 61.6%
- Planned_development 25.4%
- Commercial 6.6%
- Industrial 6.5%
Largest Zones share of zoned land by district
Richardson, TX zones 17,395 acres across 34 districts. Commercial zoning covers 6.6% of zoned land, residential 61.6% and industrial 6.5%. The largest single district is Planned Development at 25.4%. For commercial buyers the practical constraint is that only 13.1% of land carries a commercial or industrial designation.
The PD Planned Development District is intended to allow the development of tracts of land in a manner that will allow more flexibility than traditional zoning districts in terms of density, placement of buildingsandstructures, Aandmixture or combination of uses.
Market overview
Demographics & Economy
Richardson, TX has 119,462 residents in 47,827 households. Density runs 4,188 people per square mile. Median household income here is $94,362 and median gross rent $1,816 a month.
Tools
Lease vs Buy Breakeven
At $16.00/SF/Yr lease vs $193/SF buy → buying wins if held > 2.1 years.
At a 8.3% gross asking yield the payback reads short relative to leasing. Assumes 30% down at 6.5% fixed, 2% a year in taxes and upkeep, 3% appreciation, 5% opportunity cost, 2% closing plus 5% selling costs, and a 3% annual rent escalator.
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Plano | $329 | $24.96 |
| Garland | $165 | $16.00 |
| Carrollton | $276 | $16.50 |
| Allen | $377 | $16.00 |
Commercial property in Richardson, TX asks $193/SF. The 4 bordering markets run from $165/SF in Garland to $377/SF in Allen, and the city sits below their $302/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Richardson?
How much does it cost to lease commercial space in Richardson?
Is it cheaper to lease or buy commercial space in Richardson?
How does Richardson compare to nearby markets on price?
What zoning applies to commercial property in Richardson?
Where does Realmo's Richardson market data come from?
Methodology & data sources
- Asking prices and medians
- There are 49 active for-sale and 169 active for-lease listings in Richardson, TX. The medians are based on 14 of the for-sale and 15 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 17,395 zoned acres across 34 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 October 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 October 2026 · How Realmo checks market page data · Report a data issue
