Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2425 Plano Rd Richardson, TX 75082-4113

    • Day care centers
    • 14,549 SF
    • 2.17 lot acres
    OFF-MARKET
    Value Estimations
    $855,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US83-0090851
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Primrose School of North Richardson at Lookout / Daycare Center

    Property Details for 2425 Plano Rd

    Year built
    2019
    Construction
    FRAME
    Lot size
    2.17 lot acres
    Property size
    14,549 SF
    Zone code
    Z109
    Property type
    Day care centers
    APN
    420766800606A0000
    APU
    420766800606A0000

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE
      $915,000
      Current use
      RETAIL STORES
      $1,045,000
      Change: +14% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $780,000
      Change: -14% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $755,000
      Change: -18% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Richardson
    County
    Dallas
    State
    Texas
    Longitude
    -96.7005
    Latitude
    32.984
    CBSA code
    19100
    CBSA name
    DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $101,746
    $1,417,880
    $3,105,560
    $4,523,440
    -
    $1,417,880
    $3,105,560
    $4,523,440

    Comparable in this City

    • Value Estimation
      $43,495,000
      700,729 SF

      2801 President George Bush Hwy

      CHARITABLE ORGANIZATION • 700,729 SF
      2801 President George Bush Hwy, Richardson, TX 75082
      View Details
    • Value Estimation
      $29,890,000
      479,209 SF

      2801 President George Bush Hwy

      CHARITABLE ORGANIZATION • 479,209 SF
      2801 President George Bush Hwy, Richardson, TX 75082
      View Details
    • Value Estimation
      $595,000
      9,032 SF

      3901 Renner Rd

      CHARITABLE ORGANIZATION • 9,032 SF
      3901 Renner Rd, Richardson, TX 75082
      View Details
    • Value Estimation by Request
      1,800 SF

      4141 Renner Rd

      Retail properties & Spaces • 1,800 SF
      4141 Renner Rd, Richardson, TX 75082
      View Details
    • Value Estimation by Request
      1.45 Acres

      1705 Campbell Trl

      VACANT COMMERCIAL LAND • 1.45 Acres
      1705 Campbell Trl, Richardson, TX 75082-4805
      View Details
    • Value Estimation by Request
      0.08 Acres

      3570 Keffler St

      VACANT COMMERCIAL LAND • 0.08 Acres
      3570 Keffler St, Richardson, TX 75082
      View Details

    Similar Nearby for Sale

    • $1,450,000
      5,003 SF

      Richardson Office Investment Opportunity

      Well-maintained 5,003 sq. ft. office space near George Bush Turnpike.
      3205 Talon Dr, Richardson, TX 75082
      View Details
    • $350,000
      0.21 Acres

      Creek Lot in Richardson, TX

      Unimproved land in Richardson, TX, perfect for building a dream home.
      1717 Timberway Dr, Richardson, TX 75082
      View Details
    • Contact for pricing

      Richardson Retail Investment Opportunity

      19,396 SF building in a prime Richardson location.
      2050 E Campbell Rd, Richardson, TX 75082
      View Details
    • Contact for pricing
      50,594 SF

      Richardson Telecom Corridor Office Building

      Office building in Richardson Telecom Corridor with direct highway access.
      2150 Lakeside Blvd, Richardson, TX 75082
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Richardson Office Space Available

      Office space for rent in Richardson, Texas.
      3400 North Central Expy, Richardson, TX 75082
      View Details
    • Contact for pricing
      4,679 SF

      Richardson Flex Space For Lease

      Flex space available in Technology Business Campus, Richardson.
      3301 Matrix Dr, Richardson, TX 75082
      View Details
    • Contact for pricing
      23,635 SF

      Furnished Office Space Available

      Fully furnished office space for rent in Richardson, Texas.
      2400 N Glenville Dr, Richardson, TX 75082
      View Details
    • Contact for pricing
      1,800 SF

      Breckinridge Corners Retail Space

      Prime Collin County Retail Opportunity
      4141 Renner Rd, Richardson, TX 75082
      View Details
    • Contact for pricing
      85,557 SF

      Renovated Office Building For Lease

      Recently renovated office building with convenient highway access and covered parking.
      101 W Renner Rd, Richardson, TX 75082
      View Details
    • Contact for pricing
      1,800 SF

      Retail Space on Renner Road

      1,800 SF retail space with good visibility and cotenancy.
      4011 E Renner Rd, Richardson, TX 75082
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2425 Plano Rd
    Richardson, TX 75082-4113
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!