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Property profile & analytics
FOR LEASE
Office buildings
2400 N Glenville Dr B400 Richardson, TX 75082
Entity Owned
5-yr Hold
Free & Clear
Property ID
US82-4259852
For Lease
1 / 4
$18.50 SF/Yr
2400 N Glenville Dr,Unit B400, Richardson, TX 75082
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1989
Construction
FRAME
Total area
400,000 SF
Lot
26.08 ac (1,135,871 SF)
Zoning code
Z109
APN
420766800601B0000
UPID
US82-4259852
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
-
Infosys Ltd (Bike/Boat/Book/etc) Store Corporate Office
-
BAL (Berry Appleman & Leiden LLP) Law Firm
-
Work HCSC Corporate Office
-
NICE Corporate Office
-
FedEx Drop Box Postal Service Courier Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.12M
Owner & transaction history
2400 Greeville LLC · 5 yrs held
2400 Greeville LLC
since 2020
5 recorded transactions
Zoning & alternative use
Z109 · 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
$5 / 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
$1,021,648
Tax year 2023
Assessed value
$45,420,790
Assessed 2023
Previous assessed
$45,420,790
+0.0% YoY
Effective rate
2.25%
On assessed value
Assessed land
$17,037,740
Assessed improvement
$28,383,050
Land market value
$17,037,740
Improvement market value
$28,383,050
Total market value
$45,420,790
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
1989
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
4
Total area
400,000 SF
Lot
26.08 ac (1,135,871 SF)
Zoning code
Z109
APN
420766800601B0000
UPID
US82-4259852
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z109 · Richardson, TX
Zoning Z109 · permitted uses
Z109 · 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
1989
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
4
Lot
26.08 ac
Current owner
From public records · entity-resolved
2400 Greeville LLC
Entity
Free & Clear · 5 yrs held
Mailing address
2400 N GLENVILLE DRB130, RICHARDSON, TX 75082-4331
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
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
Aug 24, 2020
—
2400 Greeville LLC
2400 Glenville LLC
Quit Claim Deed
related
—
Nov 13, 2019
—
2400 Glenville LLC
Q 2400 Glenville LP
Quit Claim Deed
related
$60,060,000 · Metlife R/e Lndg LLC
Aug 8, 2018
—
Q 2400 Glenville LP
—
Grant Deed
related
$53,628,000 · Pacific Wstrn Bk
Jul 23, 2015
—
Q 2400 Glenville LP
Verizon Business Ntwk Svcs INC
Grant Deed
—
—
—
Q 2400 Glenville LP
—
Deed Of Trust
related
$46,000,000 · Bank Of America
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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