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Property profile & analytics
OFF-MARKET Estimated value $3,000,000
Automotive properties

300 Central Expy Richardson, TX 75080-5308

26,732 SF 7.06 ac lot Built 1995
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US82-9433029
Property summary
AI-generated overview

This exceptional Class A retail property, located at 300 S Central Expressway in Richardson, Texas, offers 4,161 square feet of vacant space in a single-story, freestanding building. Situated on a 0.52-acre lot, the property boasts excellent visibility and accessibility due to its prime location on US-75/Central Expressway, between Belt Line Road and Spring Valley Road. The building features 40 parking spaces, making it convenient for customers and employees. Its strategic location places it adjacent to Richardson Heights Village, a thriving retail center anchored by well-known national retailers such as TJ Maxx, Alamo Drafthouse, and Party City, ensuring high foot traffic and brand recognition. The surrounding area is a mix of industrial/office parks, multi-family developments, and numerous other national retailers, creating a robust and diverse commercial environment. The property is ideal for a variety of retail uses, offering a significant opportunity for businesses seeking high-traffic exposure and a strong location within a densely populated area. The building's single-tenant occupancy provides flexibility and control for the new owner. This is a rare opportunity to acquire a freestanding retail building with exceptional visibility and access in a highly desirable location in Richardson, Texas. The property's 4,161 square feet provides ample space for a variety of retail concepts. The zip code is 75080. No elevators are present.

Property profile
Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 1995
Construction TILT-UP CONCRETE
Total area 26,732 SF
Lot 7.06 ac (307,490 SF)
Zoning code Z137
APN 421140000101C0000
UPID US82-9433029
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
  • Malani Jewelers (Bike/Boat/Book/etc) Store
  • Clay Cooley Volkswagen of Richardson Car Dealership
  • Clay Cooley Volkswagen of Richardson Service Center Auto Repair Shop Vehicle Inspection Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.00M
Owner & transaction history
4747 Lbj Freeway LLC · 6 yrs held
4747 Lbj Freeway LLC
since 2019
2 recorded transactions
2019
Price N/A
2006
Price N/A
Zoning & alternative use
Z137 · Richardson, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $4.4M +39.3%
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