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Property profile & analytics
OFF-MARKET
Estimated value
$3,130,000
Showrooms
1360 Presidential Dr Richardson, TX 75081-2465
Entity Owned
Free & Clear
Property ID
US82-3538041
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1982
Construction
TILT-UP CONCRETE
Total area
101,434 SF
Lot
8.24 ac (358,978 SF)
Zoning code
Z109
APN
420515000805R0000
UPID
US82-3538041
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
-
Hammond Electronics Electronics & Wireless Store
-
Cem Technologies Factory Production Facility
-
Labcorp Medical Clinic
-
Andi's Angels Home Care Home Health Care Service
-
EPSTEXAS Storage Solutions, Inc. Material Handling Equipment Supplier Wholesaler Household Appliances
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.13M
Owner & transaction history
Cofe Presidential LLC
Cofe Presidential LLC
since 2025
6 recorded transactions
Zoning & alternative use
Z109 · Richardson, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$4.7M
+26.2%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Richardson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Richardson submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$3,695,000
Current use
WAREHOUSE, STORAGE
$4,665,000
Change: +26% · Conversion: Difficult
OFFICE BUILDING
$3,300,000
Change: -11% · Conversion: Easy
Blend value · Realmo final
$3.13M
Range $2.82M – $3.44M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$31 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$236,256
Tax year 2023
Assessed value
$10,503,560
Assessed 2023
Previous assessed
$10,503,560
+0.0% YoY
Effective rate
2.25%
On assessed value
Assessed land
$2,871,820
Assessed improvement
$7,631,740
Land market value
$2,871,820
Improvement market value
$7,631,740
Total market value
$10,503,560
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1982
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
101,434 SF
Lot
8.24 ac (358,978 SF)
Zoning code
Z109
APN
420515000805R0000
UPID
US82-3538041
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z109 · Richardson, TX
Zoning Z109 · permitted uses
Z109 · Richardson, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Richardson. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$3.7M
WAREHOUSE, STORAGE
Est. value
$4.7M
OFFICE BUILDING
Est. value
$3.3M
COMMERCIAL (GENERAL) Current
WAREHOUSE, STORAGE
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1982
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Lot
8.24 ac
Current owner
From public records · entity-resolved
Cofe Presidential LLC
Entity
Free & Clear · 0 yrs held
Mailing address
2082 MICHELSON DR #4, IRVINE, CA 92612-1212
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 14, 2025
—
Cofe Presidential LLC
Flt Acquiport Campus LLC
Special Warranty Deed
—
Sep 8, 2016
—
Flt Acquiport-campus LLC
—
Deed
related
$22,250,000 · Miscellaneous Ins Co
Aug 11, 2014
—
Flt-acquiport-campus LLC
Mp Acquiport Industrial LLC
Grant Deed
—
—
—
Flt Acquiport-campus LLC
—
Deed Of Trust
related
$5,842,000 · Forethought Life Ins Co
—
—
Flt Acquiport-campus LLC
—
Deed Of Trust
related
$5,842,000 · Forethought Life Ins Co
—
—
Flt Acquiport-campus LLC
—
Loan Modification
related
$22,250,000 · Miscellaneous Ins Co
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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