524 W Belt Line Rd Richardson, TX 75080
Property profile & analytics
524 W Belt Line Rd Richardson, TX 75080
- Strip malls
- 20,432 SF
- 1.76 lot acres
Property ID
US82-4146054
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
- Punta Cana Barbershop / Barber Shop
- Wickedly Hot Vapors / (Bike/Boat/Book/etc) Store / Alternative Medicine Practice
- North Dallas Martial Arts / Training Center / Sports School
- Truist - ATM / Atm
- Royal Sweets / Take-out & Catering
Property Details for 524 W Belt Line Rd
- Year built
- 1959
- Construction
- TILT-UP CONCRETE
- Lot size
- 1.76 lot acres
- Property size
- 20,432 SF
- Zone code
- Z31
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 42431500000050000
- APU
- 42431500000050000
Description
This single-story, 20,652 square foot retail strip center is located at 524 W Belt Line Rd, Richardson, TX 75080, in Dallas County. The property features seven suites, with one currently vacant at 2,590 square feet, and another available space of 2,680 square feet. The center enjoys a highly visible location just west of Central Expressway on Belt Line Road, ensuring excellent exposure to a large customer base. Current tenants include a Dollar Tree, Royal Sweets Shop, and two retailers specializing in ethnic garments and accessories, creating a diverse and attractive tenant mix. The property's address is easily accessible and benefits from high traffic counts on Belt Line Road. The building is a single-story structure, offering convenient access for both customers and tenants. This presents a unique opportunity for investors seeking a well-located retail property with existing strong tenants and potential for immediate income generation from the available space. The property's location in the heart of Richardson provides access to a dense population and strong consumer spending. This is an excellent opportunity to acquire a well-established retail center with significant upside potential.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $760,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $866,000
Market price range: $738k - $1.50M -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $1,045,000 Current use
- WAREHOUSE, STORAGE
- $930,000 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
- -96.7375
- Latitude
- 32.9514
- 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
$61,176
$1,230,400
$1,489,380
$2,719,780
-
$1,230,400
$1,489,380
$2,719,780
