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Property profile & analytics
OFF-MARKET Estimated value $635,000
Strip malls

515 Campbell Rd Richardson, TX 75080-3374

10,680 SF 0.88 ac lot Built 1985
Individually Owned 10-yr Hold ~ Est. High Equity
Property ID
US83-3633280
Property summary
AI-generated overview

Richardson Plaza, located at 515 W. Campbell Rd in Richardson, Texas (zip code 75080), presents a fantastic opportunity for retail businesses seeking a prime location in Dallas County. This single-building strip center, constructed in 1985, offers a total of 10,600 square feet of retail space. Currently, one space is available, measuring 1,200 square feet – this is also the maximum contiguous space available and the minimum divisible unit size. The property sits on a 0.88-acre lot, providing ample space and visibility. The property's convenient location in Richardson, Texas offers excellent access to major roadways and a thriving local community. Ideal for a variety of retail uses, this space is ready for immediate occupancy. The property is classified as a retail strip center with multiple tenancies. This presents a unique opportunity to establish a business in a well-established commercial area. Interested parties should inquire about lease terms and availability. The property's address is easily accessible and benefits from high traffic volume. This is a great opportunity to secure a space in a desirable location.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1985
Construction TILT-UP CONCRETE
Total area 10,680 SF
Lot 0.88 ac (38,115 SF)
Zoning code Z137
APN 42020750000010000
UPID US83-3633280
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
  • The Festive Kitchen Take-out & Catering Catering Service
  • Mystic Vapor Bar (Bike/Boat/Book/etc) Store
  • richardson Beer and Wine Specialty Food Shop Wine and Liquor Store
  • Pizza Hut Restaurant
  • KJ Nails & Hair Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$530k
CAP Approach CAP
by Request
Comparable Approach Comparable
$739k
Blend (final) Blend
$635k
Owner & transaction history
Campbell Square Ltd · 10 yrs held
Campbell Square Ltd
since 2015
5 recorded transactions
2015
Price N/A
2008
Price N/A
2007
Price N/A
2006
Price N/A
1969
Price N/A
Zoning & alternative use
Z137 · Richardson, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $830,000 +52.2%
Commercial (general) $800,000 +46.6%
Retail stores $720,000 +31.8%
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