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Property profile & analytics
OFF-MARKET
Estimated value
$1,375,000
Medical Office Space
204 Cottonwood Dr Richardson, TX 75080-5739
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US83-4099021
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1967
Construction
TILT-UP CONCRETE
Total area
6,287 SF
Lot
0.51 ac (22,120 SF)
Zoning code
Z206
APN
42123500050230000
UPID
US83-4099021
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
-
Craig Faucette DDS Dental Office
-
La Terre Organic Skincare Medical Clinic Skin Care Clinic
-
Dr. Daniel E. Godbold, DDS Dental Office
-
Energy Healing Clinic LLC Health Counselor
-
Dr. Morgan Petty Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.28M
Comparable Approach
Comparable
$1.47M
Blend (final)
Blend
$1.38M
Owner & transaction history
Ejaz Hasan · 3 yrs held
Ejaz Hasan
since 2022
6 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,390,000
6.5%
$1,280,000
7%
$1,190,000
Blend value · Realmo final
$1.38M
Range $1.24M – $1.51M · ±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
$219 / 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
$28,238
Tax year 2023
Assessed value
$1,255,420
Assessed 2023
Previous assessed
$1,255,420
+0.0% YoY
Effective rate
2.25%
On assessed value
Assessed land
$88,480
Assessed improvement
$1,166,940
Land market value
$88,480
Improvement market value
$1,166,940
Total market value
$1,255,420
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1967
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
6,287 SF
Lot
0.51 ac (22,120 SF)
Zoning code
Z206
APN
42123500050230000
UPID
US83-4099021
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
1967
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.51 ac
Current owner
From public records · entity-resolved
Ejaz Hasan
Individual
Mailing address
6801 HAVENHURST CT, PARKER, TX 75002-4602
Ownership since
2022
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
Oct 28, 2022
—
Ejaz Hasan
Cottonwood Park Business LLC
Venders Lien
$375,000 · First United Bank & Trust Co
Jul 14, 2017
—
Cottonwood Park Business LLC
—
Deed
related
$64,000 · Cottonwood Bros Ltd
Apr 18, 2016
—
Cottonwood Park Business LLC
Cottonwood Bros Ltd
Quit Claim Deed
related
$585,000 · Private Individual
Sep 7, 2011
—
West Pioneer Management INC
—
Deed Of Trust
related
$2,400,000 · Worrell Huffines Lender LLC
Jan 24, 2003
—
Cottonwood Bros Ltd
Cottonwood Properties INC
Quit Claim Deed
related
$795,000 · Hibernia Bank
—
—
Cottonwood Park Business LLC
—
Deed Of Trust
related
$64,000 · Cottonwood Bros Ltd
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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