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Property profile & analytics
FOR LEASE
Showrooms
1751 International Pkwy Richardson, TX 75081
Entity Owned
~
Est. High Equity
Property ID
US82-4796180
For Lease
1 / 2
$1,635,000
1751 International Pkwy, Richardson, TX 75081
View Listing →
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1984
Construction
TILT-UP CONCRETE
Total area
81,805 SF
Lot
6.61 ac (288,019 SF)
Zoning code
Z31
APN
420415000D0290000
UPID
US82-4796180
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
-
Traditional Woodworker Corporation Tool Repair Shop
-
Solomon Summaries (Bike/Boat/Book/etc) Store Religious Bookstore
-
Sealco Commercial Cleaning Service
-
CASE Discount Flooring - DAL Carpet & Flooring Store Hardware & Home Improvement
-
Barking Lizards (Bike/Boat/Book/etc) Store Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.09M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.18M
Blend (final)
Blend
$1.64M
Owner & transaction history
Cip Telecom Corridor LLC
Cip Telecom Corridor LLC
since 2025
7 recorded transactions
Zoning & alternative use
Z31 · 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
Method
Estimation
Statistic approach
by Request
ML approach
$1,090,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,660,000
Change: -11% · Conversion: Easy
Blend value · Realmo final
$1.64M
Range $1.47M – $1.80M · ±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
$20 / 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
$101,218
Tax year 2023
Assessed value
$4,500,000
Assessed 2023
Previous assessed
$4,500,000
+0.0% YoY
Effective rate
2.25%
On assessed value
Assessed land
$2,304,260
Assessed improvement
$2,195,740
Land market value
$2,304,260
Improvement market value
$2,195,740
Total market value
$4,500,000
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
For Lease
Year built
1984
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
81,805 SF
Lot
6.61 ac (288,019 SF)
Zoning code
Z31
APN
420415000D0290000
UPID
US82-4796180
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z31 · Richardson, TX
Zoning Z31 · permitted uses
Z31 · 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
OFFICE BUILDING
Est. value
$2.7M
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
1984
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
6.61 ac
Current owner
From public records · entity-resolved
Cip Telecom Corridor LLC
Entity
Mailing address
19762 MACARTHUR BLVD STE #300, IRVINE, CA 92612-2498
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
20 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 15, 2026
—
Cip Telecom Corridor LLC
—
Deed
related
$22,500,000 · Wellsfargobankna
Oct 15, 2025
—
Cip Telecom Corridor LLC
Dallas North Industrial LLC
Special Warranty Deed
—
Dec 17, 2021
—
Dallas North Industrial LLC
Rmb Renaissance Tech Ltd
Special Warranty Deed
—
Jun 21, 2017
—
Rmb Renaissance Tech Ltd
—
Deed
related
$3,200,000 · Miscellaneous Ins Co
Jun 16, 2015
—
Rmb Renaissance Tech Ltd
Atc Realty One LLC
Special Warranty Deed
$3,200,000 · Independent Bank
Aug 8, 2012
—
Atc Realty One LLC
Heather Renee
Trustees Deed
related
—
—
—
Rmb Renaissance Tech Ltd
—
Deed Of Trust
related
$3,200,000 · Miscellaneous Ins Co
—
—
Petal Street Jv
—
Deed Of Trust
related
$1,500,000 · Miscellaneous Ins Co
—
—
Markison Vista Jv
—
Deed Of Trust
related
$2,200,000 · Miscellaneous Ins Co
—
—
Grove Business Park Jv
—
Deed Of Trust
related
$3,300,000 · Miscellaneous Ins Co
—
—
Mission Plaza Jv
—
Deed Of Trust
related
$1,500,000 · Miscellaneous Ins Co
—
—
1720 Greenville Ltd
—
Deed Of Trust
related
$800,000 · Miscellaneous Ins Co
—
—
Whitehall-centennial Green Ltd
—
Deed Of Trust
related
$700,000 · Miscellaneous Ins Co
—
—
Whitehall-midway Green Ltd
—
Deed Of Trust
related
$2,450,000 · Miscellaneous Ins Co
—
—
Tech-concepts Ltd
—
Deed Of Trust
related
$2,700,000 · Miscellaneous Ins Co
—
—
Trinity Square Ltd
—
Deed Of Trust
related
$1,700,000 · Miscellaneous Ins Co
—
—
Whitehall-midway Park North Lt
—
Deed Of Trust
related
$2,300,000 · Miscellaneous Ins Co
—
—
Parkview Jv
—
Deed Of Trust
related
$1,700,000 · Miscellaneous Ins Co
—
—
Rmb Spring Creek Ltd
—
Deed Of Trust
related
$2,450,000 · Miscellaneous Ins Co
—
—
Rmb Centennial Green Ltd
—
Deed Of Trust
related
$1,750,000 · 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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