You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
FOR SALE
Strip malls

1131 N Jupiter Rd Richardson, TX 75044

7,918 SF 1.81 ac lot Built 1981
Entity Owned 5-yr Hold Free & Clear
Property ID
US82-3720229
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1981
Construction TILT-UP CONCRETE
Total area 7,918 SF
Lot 1.81 ac (78,887 SF)
Zoning code Z137
APN 42145200000010000
UPID US82-3720229
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Southwestern National Bank Bank Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$555k
CAP Approach CAP
by Request
Comparable Approach Comparable
$570k
Blend (final) Blend
$565k
Owner & transaction history
Rp Arapaho & Jupiter Sc LP · 5 yrs held
Rp Arapaho & Jupiter Sc LP
since 2021
3 recorded transactions
2021
Price N/A
2011
Price N/A
2010
Price N/A
Zoning & alternative use
Z137 · Richardson, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $930,000 +102.7%
Retail stores $570,000 +24.2%
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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