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Property profile & analytics
OFF-MARKET
Estimated value
$540,000
Retail space
305 Central Expy Richardson, TX 75080-6307
Entity Owned
2-yr Hold
Free & Clear
Property ID
US83-3834705
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1973
Construction
FRAME
Total area
15,120 SF
Lot
1.14 ac (49,702 SF)
Zoning code
Z137
APN
42263500010020000
UPID
US83-3834705
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
-
Richardson Showroom Home Decor Store Department Store
-
Clark Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$500k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$582k
Blend (final)
Blend
$540k
Owner & transaction history
Xl Pro Holdings LLC · 2 yrs held
Xl Pro Holdings LLC
since 2023
7 recorded transactions
Zoning & alternative use
Z137 · 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
$500,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$540k
Range $486k – $594k · ±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
$36 / 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
$25,102
Tax year 2023
Assessed value
$1,116,010
Assessed 2023
Previous assessed
$1,116,010
+0.0% YoY
Effective rate
2.25%
On assessed value
Assessed land
$894,870
Assessed improvement
$221,140
Land market value
$894,870
Improvement market value
$221,140
Total market value
$1,116,010
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1973
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
15,120 SF
Lot
1.14 ac (49,702 SF)
Zoning code
Z137
APN
42263500010020000
UPID
US83-3834705
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z137 · Richardson, TX
Zoning Z137 · permitted uses
Z137 · 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
1973
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
1.14 ac
Current owner
From public records · entity-resolved
Xl Pro Holdings LLC
Entity
Free & Clear · 2 yrs held
Mailing address
13740 MIDWAY RD STE #706, FARMERS BRANCH, TX 75244-4351
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 14, 2023
—
S A F Sales INC
—
Deed
related
$200,000 · Comerica Bank
Oct 31, 2023
—
Xl Pro Holdings LLC
Saf Sales INC
Special Warranty Deed
—
Aug 13, 2020
—
Saf Sales INC
—
Deed
related
$1,000,000 · Comerica Bk
Aug 10, 2020
—
C Carpet INC
—
Deed
related
$1,000,000 · Comerica Bk
Apr 28, 2017
—
Saf Sales INC
—
Deed
related
$2,000,000 · Comerica Bk
Aug 15, 2012
—
Saf Sales INC
305 North Central LLC
Grant Deed
$1,480,000 · Regions Bank
Apr 16, 2007
—
305 North Central LLC
S A F Sales INC
Warranty Deed
$1,400,000 · Wachovia Bank NA
Mar 5, 2007
—
S A F Sales INC
Thomas A Fowler
Venders Lien
$1,215,000 · Wachovia Bank NA
—
—
Saf Sales INC
—
Deed Of Trust
related
$2,000,000 · Comerica Bk
—
—
Fowler,tr
—
Deed Of Trust
related
$593,951 · Ruth Fowler Estate
—
—
Saf Sales INC
—
Loan Modification
related
$1,000,000 · Comerica Bk
—
—
C Carpet INC
—
Loan Modification
related
$1,000,000 · Comerica Bk
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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