318 Central Expy Richardson, TX 75080-6391
Property profile & analytics
318 Central Expy Richardson, TX 75080-6391
- Strip malls
- 17,316 SF
- 1.01 lot acres
Property ID
US82-3641379
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.
Location Intelligence
Current Use by Public Records
- BULLDOG BARBER SHOP / Barber Shop
- Sara's Secret / (Bike/Boat/Book/etc) Store
- One Stop Smoke Shop / (Bike/Boat/Book/etc) Store
- North Texas Mobile Auto Detailing / Car Wash
- Central Center Shopping Center / Shopping Center & Mall
Property Details for 318 Central Expy
- Year built
- 1978
- Construction
- TILT-UP CONCRETE
- Lot size
- 1.01 lot acres
- Property size
- 17,316 SF
- Zone code
- Z31
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 420946500K03A0000
- APU
- 420946500K03A0000
Description
This exceptional 4,395 square foot retail space is located within a 17,352 square foot strip center situated on Central Expressway in Richardson, Texas, at the highly visible southern endcap. Built in 1978 and renovated in 2020, the property boasts a prime location with easy access to I-75 and ample parking. The space features abundant natural light from a glass storefront, several updated offices, and a convenient warehouse/backroom area with a roll-up door. The building offers a total of 6 suites, with this being the only currently vacant unit. The property sits on 1.01 acres of land and includes 65 total parking spaces. The zoning is designated as Retail Shopping, and the space benefits from prominent lighted LED pylon signage for excellent visibility. This single-story building is part of the Dallas submarket within the DFW area. The net operating expenses (NNN) are currently $5.72 per square foot. This is a unique opportunity to secure a well-maintained, highly visible retail space in a thriving location.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $710,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $729,000
Market price range: $625k - $1.27M -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $885,000 Current use
- RETAIL STORES
- $1,170,000 Change: +32% Conversion: Easy
- WAREHOUSE, STORAGE
- $785,000 Change: -11% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Richardson
- County
- Dallas
- State
- Texas
- Longitude
- -96.7379
- Latitude
- 32.9474
- 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
$51,503
$880,280
$1,409,470
$2,289,750
-
$880,280
$1,409,470
$2,289,750
