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Property profile & analytics
FOR LEASE
Outlet malls
1455 E Buckingham Rd Richardson, TX 75081
Entity Owned
18-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US83-3941433
For Lease
1 / 3
Contact for pricing
1455 E Buckingham Rd, Richardson, TX 75081
View Listing →
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1978
Construction
TILT-UP CONCRETE
Total area
30,877 SF
Lot
6.21 ac (270,725 SF)
Zoning code
Z137
APN
420175500101A0000
UPID
US83-3941433
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
-
Azul Dental Dental Office
-
Fred Loya Insurance Insurance Agency
-
Joy Kitchen Restaurant
-
Thrift Town - Richardson Discount Store (Bike/Boat/Book/etc) Store
-
Hibbett Clothing & Fashion Store (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.00M
Blend (final)
Blend
$3.31M
Owner & transaction history
Buckingham Station LLC · 18 yrs held
Buckingham Station LLC
since 2007
5 recorded transactions
Zoning & alternative use
Z137 · Richardson, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$4.8M
+113.7%
Restaurant
$4.1M
+82.5%
Auto repair, garage
$3.6M
+63.3%
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
RETAIL STORES
$2,225,000
Current use
MEDICAL BUILDING
$4,755,000
Change: +114% · Conversion: Difficult
RESTAURANT
$4,060,000
Change: +83% · Conversion: Easy
AUTO REPAIR, GARAGE
$3,630,000
Change: +63% · Conversion: Difficult
Blend value · Realmo final
$3.31M
Range $2.98M – $3.64M · ±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
$107 / 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
$126,635
Tax year 2023
Assessed value
$5,630,000
Assessed 2023
Previous assessed
$5,630,000
+0.0% YoY
Effective rate
2.25%
On assessed value
Assessed land
$2,165,800
Assessed improvement
$3,464,200
Land market value
$2,165,800
Improvement market value
$3,464,200
Total market value
$5,630,000
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
For Lease
Year built
1978
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Buildings
4
Stories
1
Total area
30,877 SF
Lot
6.21 ac (270,725 SF)
Zoning code
Z137
APN
420175500101A0000
UPID
US83-3941433
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z137 · Richardson, TXZoning Z137 · permitted uses
Z137 · Richardson, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$2.2M
MEDICAL BUILDING
Est. value
$4.8M
RESTAURANT
Est. value
$4.1M
AUTO REPAIR, GARAGE
Est. value
$3.6M
RETAIL STORES Current
MEDICAL BUILDING
RESTAURANT
AUTO REPAIR, GARAGE
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
1978
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
4
Lot
6.21 ac
Current owner
From public records · entity-resolved
Buckingham Station LLC
Entity
Mailing address
17 CORPORATE PLZ DR STE #250, NEWPORT BEACH, CA 92660
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 2, 2026
—
Ci Rancho II LLC
—
Deed
related
$6,375,000 · Farmers & Merchants Bank Of Long Beach
Mar 28, 2013
—
Buckingham Station LLC
—
Deed Of Trust
related
$128,300,000 · Bank Of America
Mar 30, 2009
—
Buckingham Station LLC
—
Deed Of Trust
related
$118,000,000 · Bank Of America
Aug 22, 2007
—
Buckingham Station LLC
Peek Properties & Invs Ltd
Grant Deed
$4,425,000 · Lasalle National Bank
Aug 14, 2007
—
Properties Peek
Peek Properties
Quit Claim Deed
related
—
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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