Commercial Real Estate Market in Richardson, TX
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
235 active listings and 1,695 off-market properties in Richardson, TX. Commercial property asks $94/SF to buy and $35.82/SF/Yr to lease.
Market Trends
Richardson, TX spans 28.5 square miles in Dallas County, Texas. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Richardson, TX runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail space in Richardson, TX asks $208/SF to buy. Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
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%.
Vacancy Rate % in South region
Multifamily
Multifamily vacancy in Richardson, TX runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
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
Planned Development
Residential District
Residential District
Residential District
Residential 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.
Planned Development (PD)
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.
119,462
Population
47,827
Households
2.5
Avg Household Size
34
Median Age
56%
College-Educated
93%
High-School Grad
28.5 sq mi
ZIP Area
4,188
Density / Sq Mi
$94,362
Median Household Income
$48,981
Median Earnings
$1,816
Median Rent
$407,490
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Murphy | — | — |
| Addison | — | $25.50 |
| Plano | — | $23.55 |
| Garland | — | — |
Commercial property in Richardson, TX asks $94/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Richardson?
Commercial property in Richardson, TX asks an average of $94 per square foot. Retail carries the highest asking price at $208/SF.
How much does it cost to lease commercial space in Richardson?
Asking lease rates in Richardson, TX average $35.82 per square foot per year.
What zoning applies to commercial property in Richardson?
Richardson, TX zones 17,395 acres across 34 districts, of which 6.6% is commercial and 6.5% industrial. The largest single district is Planned Development at 25.4% of zoned land. 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. Residential zoning covers 61.6% and open space 0%.
Where does Realmo's Richardson market data come from?
Realmo compiles Richardson, TX figures from 67 active sale listings, 168 active lease listings, 1,695 tracked off-market properties, the current Richardson zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 67 active for-sale and 168 active for-lease listings in Richardson, TX. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- 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 August 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 August 2026 · report a data issue
