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    1131 N Jupiter Rd Richardson, TX 75044
    Property profile & analytics

    1131 N Jupiter Rd Richardson, TX 75044


    • Strip malls
    • 7,918 SF
    • 1.81 lot acres
    Retail Space in Heritage Square For Sale
    $565,000
    5,200 SF

    Retail Space in Heritage Square

    Second generation bank space in busy retail center.

    1131 N Jupiter Rd, Richardson, TX 75044
    View Listing
    Property ID
    US82-3720229
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Southwestern National Bank / Bank / Loan Service

    Property Details for 1131 N Jupiter Rd

    Year built
    1981
    Construction
    TILT-UP CONCRETE
    Lot size
    1.81 lot acres
    Property size
    7,918 SF
    Zone code
    Z137
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    42145200000010000
    APU
    42145200000010000

    Description

    This exceptional 5,200-square-foot retail space, located at 1131 N Jupiter Rd in Richardson, Texas (zip code 75081), presents a unique opportunity for a savvy investor or business owner. Situated within the Heritage Square Shopping Center, this single-tenant building is a former bank branch, offering a ready-made layout ideal for various retail uses. The property boasts high visibility and accessibility, positioned at the northwest corner of the heavily trafficked intersection of Jupiter Road and Arapaho Road in East Richardson. The building's location within a well-established shopping center benefits from significant foot traffic and proximity to a dense residential area. The surrounding neighborhood is characterized by a high concentration of single-family homes, ensuring a strong customer base for any retail venture. Dallas County location provides access to a robust infrastructure and thriving local economy. The entire 5,200 square feet is currently vacant, allowing for complete customization to suit the needs of a new tenant. This is a rare chance to acquire a turn-key retail property in a prime location with excellent visibility and access to a substantial customer base. The property's existing infrastructure, as a former bank, offers a solid foundation for a variety of retail concepts. This presents a significant advantage over starting from scratch with a new build. The property is ready for immediate occupancy.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $555,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $570,000
      Market price range: $304k - $631k
    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $460,000
      Current use
      AUTO REPAIR, GARAGE
      $930,000
      Change: +103% Conversion: Difficult
      RETAIL STORES
      $570,000
      Change: +24% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Richardson
    County
    Dallas
    State
    Texas
    Longitude
    -96.6833
    Latitude
    32.9619
    CBSA code
    19100
    CBSA name
    DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $25,619
    $473,400
    $665,600
    $1,139,000
    -
    $473,400
    $665,600
    $1,139,000
    View Listing
    More about this property
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