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Property profile & analytics
OFF-MARKET
Office Spaces
233 Central Expy Richardson, TX 75080-5306
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US83-4103507
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1981
Construction
TILT-UP CONCRETE
Total area
2,200 SF
Lot
1.11 ac (48,569 SF)
Zoning code
Z31
APN
420715100103A0000
UPID
US83-4103507
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
-
Hertz - Uber Richardson Freight Service Logistics Company
-
Hertz Truck Rental - Richarson Truck And Van Car Rental Facility
-
Hertz Car Rental - Richardson - North Central Expressway HLE Car Rental Facility
-
Fetch Truck Car Rental Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
201 Central LLC · 9 yrs held
201 Central LLC
since 2017
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$16,619
Tax year 2023
Assessed value
$738,850
Assessed 2023
Previous assessed
$738,850
+0.0% YoY
Effective rate
2.25%
On assessed value
Assessed land
$728,850
Assessed improvement
$10,000
Land market value
$728,850
Improvement market value
$10,000
Total market value
$738,850
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 Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1981
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
2,200 SF
Lot
1.11 ac (48,569 SF)
Zoning code
Z31
APN
420715100103A0000
UPID
US83-4103507
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.
Building & site characteristics
From public records
Year built
1981
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
1.11 ac
Current owner
From public records · entity-resolved
201 Central LLC
Entity
Mailing address
5800 PO BOX 830751ST CIR APT #115, RICHARDSON, TX 75083-0751
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 8, 2017
—
201 Central LLC
Remarketing USA INC
Warranty Deed
$870,000 · Frost Bk
Jul 11, 2016
—
Remarketing USA INC
—
Deed
related
$221,372 · City Bk
Feb 26, 2015
—
Remarketing USA INC
—
Trustees Deed
related
$250,000 · City Bk
May 5, 2004
—
Remarketing USA INC
Echo Campbell Creek
Warranty Deed
$497,250 · Plains Capital Bank
May 20, 2002
—
Echo Campbell Creek
Benefit Store
Grant Deed
$637,500 · Inwood National Bank
—
—
Remarketing USA INC
—
Loan Modification
related
$221,372 · City Bk
—
—
Remarketing USA INC
—
Loan Modification
related
$250,000 · City Bk
—
—
Remarketing USA INC
—
Deed Of Trust
related
$257,341 · Mahdi G Dezham
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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