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Property profile & analytics
FOR LEASE
Office buildings
1701 N Collins Blvd Richardson, TX 75080
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US82-2336933
For Lease
1 / 8
$18.50 SF/Yr
1701 N Collins Blvd, Richardson, TX 75080
View Listing →
Property summary
AI-generated overview
This three-story, Class B office building, totaling 109,622 square feet, is situated on 4.87 acres in Dallas County, Texas. Built in 1986 and renovated in 2019, the property features multiple tenancies with a maximum contiguous space of 20,000 square feet. Its convenient location at 1701 N. Collins Blvd. in Richardson offers easy access to US-75 and Campbell Road, placing it near numerous restaurants. The building includes elevators, abundant covered and surface parking, and a shared conference facility. The property is zoned O and caters to small and mid-sized businesses seeking flexible, high-quality office space. Brand new spec suites are available. This is an excellent opportunity for businesses seeking a professional and convenient location in a thriving area.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1997
Construction
FRAME
Total area
62,340 SF
Lot
4.87 ac (211,963 SF)
Zoning code
Z206
APN
42048680010010000
UPID
US82-2336933
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
-
ProQual Business Management Consultant
-
Grace P. Davidson, PHD Physician Medical Clinic
-
John w Beaty PC Physician Medical Clinic
-
A. Olufemi Layeni, M.D. Physician
-
Renae Cobb Counseling Counselor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.50M
Owner & transaction history
Meridian Realty LLC · 4 yrs held
Meridian Realty LLC
since 2021
2 recorded transactions
Zoning & alternative use
Z206 · Richardson, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$40 / 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
$150,439
Tax year 2023
Assessed value
$6,688,280
Assessed 2023
Previous assessed
$6,688,280
+0.0% YoY
Effective rate
2.25%
On assessed value
Assessed land
$1,271,780
Assessed improvement
$5,416,500
Land market value
$1,271,780
Improvement market value
$5,416,500
Total market value
$6,688,280
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1997
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
3
Total area
62,340 SF
Lot
4.87 ac (211,963 SF)
Zoning code
Z206
APN
42048680010010000
UPID
US82-2336933
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z206 · Richardson, TX
Zoning Z206 · permitted uses
Z206 · 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.
Building & site characteristics
From public records
Year built
1997
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
3
Buildings
2
Lot
4.87 ac
Current owner
From public records · entity-resolved
Meridian Realty LLC
Entity
Mailing address
11379 BULL HEAD LN, ROANOKE, TX 76262-1915
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 3, 2021
—
Meridian Realty LLC
Centenario Realty LLC
Venders Lien
$5,000,000 · Aviva Life And Annuity Company
Jul 3, 2013
—
Centenario Realty LLC
Collins Campbell Jv
Grant Deed
$5,000,000 · 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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