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Property profile & analytics
OFF-MARKET Estimated value $905,000
Strip malls

445 Walnut St Richardson, TX 75081-5649

27,092 SF 2.06 ac lot Built 1984
Entity Owned 11-yr Hold Free & Clear
Property ID
US82-3851094
Property summary
AI-generated overview

Richland Plaza, located at 445 Walnut St in Richardson, Texas (zip code 75081), offers exceptional flex space for lease in Dallas County. This multi-tenant property boasts a total of 26,923 square feet of retail and industrial space. Currently, 28,730 square feet is available, offering flexible lease options ranging from a minimum of 1,386 square feet to a maximum contiguous space of 3,607 square feet. The property's classification as "flex" space indicates its adaptability to a variety of business needs, making it ideal for companies requiring a blend of office and warehouse or light industrial space. Its location in Richardson, a thriving city in the Dallas-Fort Worth metroplex, provides excellent access to major transportation arteries, ensuring convenient commutes and efficient logistics. The property's address is easily accessible and situated within a well-established commercial area. This presents a unique opportunity for businesses seeking versatile and strategically located space to expand or establish their operations. Interested parties are encouraged to inquire about available space and lease terms. The property is ready for immediate occupancy.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1984
Construction TILT-UP CONCRETE
Total area 27,092 SF
Lot 2.06 ac (89,777 SF)
Zoning code Z137
APN 42147300010030000
UPID US82-3851094
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
  • Fastest Staffing Employment Agency
  • Chang Lee Alternative Medicine Practice
  • Carter Charles DDS Dental Office
  • Messi Hair Braiding Hair Salon
  • On Point Movement & Performance Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$775k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.04M
Blend (final) Blend
$905k
Owner & transaction history
Aberfeldy Properties INC · 11 yrs held
Aberfeldy Properties INC
since 2015
2 recorded transactions
2015
Price N/A
1997
Price N/A
Zoning & alternative use
Z137 · Richardson, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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