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Property profile & analytics
OFF-MARKET
Estimated value
$830,000
Commercial real estate
3310 Matrix Dr Richardson, TX 75082-2766
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US83-3753810
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2001
Total area
27,440 SF
Lot
1.76 ac (76,622 SF)
Zoning code
I-M(1)
APN
R-4578-00A-005A-1
UPID
US83-3753810
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
-
Applied Materials Dallas Office Corporate Office
-
Corporate Magic, Inc. Marketing & Advertising Event Planning
-
RediCare VIP Inc Corporate Office
-
RediCare VIP Services Medical Clinic
-
Audio Visual Management Group IT Consulting Firm Tech Support Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$785k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$870k
Blend (final)
Blend
$830k
Owner & transaction history
Exeter 3310 Matrix LP · 5 yrs held
Exeter 3310 Matrix LP
since 2021
7 recorded transactions
Zoning & alternative use
I-M(1) · 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
$785,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,245,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$830k
Range $747k – $913k · ±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
$30 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$65,368
Tax year 2022
Assessed value
$3,329,140
Assessed 2023
Previous assessed
$3,181,907
+4.6% YoY
Effective rate
1.96%
On assessed value
Assessed land
$689,598
Assessed improvement
$2,639,542
Land market value
$689,598
Improvement market value
$2,639,542
Total market value
$3,329,140
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2001
Heating
NONE
Stories
1
Total area
27,440 SF
Lot
1.76 ac (76,622 SF)
Zoning code
I-M(1)
APN
R-4578-00A-005A-1
UPID
US83-3753810
Jurisdiction
COLLIN
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
I-M(1) · Richardson, TX
Zoning I-M(1) · permitted uses
I-M(1) · 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.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE
Est. value
$1.2M
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2001
Heating
NONE
Stories
1
Lot
1.76 ac
Current owner
From public records · entity-resolved
Exeter 3310 Matrix LP
Entity
Mailing address
101 W ELM ST STE #600, CONSHOHOCKEN, PA 19428-2075
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 1, 2025
—
Exeter 3310 Matrix LP
—
Deed
related
$273,000,000 · Wells Fargo Bank NA
Jul 2, 2021
—
Exeter 3310 Matrix LP
—
Deed
related
$334,305,000 · Pgim Real Estate Finance LLC
Mar 11, 2021
—
Exeter 3310 Matrix LP
Matrix Office LLC
Special Warranty Deed
—
Feb 8, 2018
—
Matrix Office LLC
—
Deed
related
$2,200,000 · First Symetra Nat'l Life Ins C
Mar 30, 2015
—
Matrix Office LLC
3310 Matrix Drive LLC
Quit Claim Deed
related
—
May 28, 2009
—
3310 Matrix Drive LLC
—
Trustees Deed
related
$500,000 · Inwood National Bank
Jun 11, 2008
—
3310 Matrix Drive LLC
—
Trustees Deed
related
$500,000 · Inwood National Bank
Aug 9, 2004
—
3310 Matrix Drive LLC
Vantage Dev 32 INC
Grant Deed
$1,865,000 · Inwood National Bank
—
—
3310 Matrix Drive LLC
—
Deed Of Trust
related
$500,000 · Inwood National Bank
—
—
Matrix Office LLC
—
Deed Of Trust
related
$2,200,000 · First Symetra Nat'l Life Ins C
—
—
3310 Matrix Drive LLC
—
Deed Of Trust
related
$1,555,648 · J P Morgan Chase Bank
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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