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    FOR LEASE
    Banks

    850 Arapaho Rd, Richardson, TX 75081

    7,750 SF 1.83 ac lot Built 1992
    Entity Owned 4-yr Hold Free & Clear
    Property ID
    US82-4489383
    Property summary
    AI-generated overview

    This exceptional warehouse space at Arapaho Place in Dallas County offers a prime opportunity for businesses seeking flexible industrial space. The property is a multi-tenant building with a total of 6,740 square feet, currently entirely vacant and available for lease. Units can be leased individually, with a minimum divisible space of 2,738 square feet and a maximum contiguous space of 4,002 square feet, providing options to suit various operational needs. The warehouse boasts a generous 14-foot ceiling height, offering ample vertical space for storage and operations. The property's location in Dallas County provides excellent access to major transportation routes, facilitating efficient logistics and distribution. This is an ideal space for businesses requiring a functional and adaptable warehouse solution in a strategic location. The entire 6,740 square feet is available for immediate occupancy, presenting a rare opportunity to secure a substantial and well-appointed warehouse space in a thriving Dallas County market. Interested parties are encouraged to inquire promptly to secure this exceptional property. The property is classified as industrial and specifically as a warehouse. The tenancy is multiple, allowing for flexibility in lease terms and space allocation.

    Property profile
    Verified
    Property type Banks
    Use group FINANCIAL BUILDING
    Year built 1992
    Construction FRAME
    Total area 7,750 SF
    Lot 1.83 ac (79,584 SF)
    Zoning code Z137
    APN 42153481280300000
    UPID US82-4489383
    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
    • Bank of America Home Mortgage Loan Service Bank
    • Bank of America (with Drive-thru ATM) Bank Loan Service
    • SUMO DTF TRANSFERS Printing Service (Bike/Boat/Book/etc) Store
    • Bank of America ATM (Drive-thru) Atm
    • The Cleaning Authority - Plano / Frisco Hardware & Home Improvement
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $550k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $853k
    Blend (final) Blend
    $705k
    Owner & transaction history
    Warner Prg LLC · 4 yrs held
    Warner Prg LLC
    since 2022
    1 recorded transaction
    2022
    Zoning & alternative use
    Z137 · Richardson, TX
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Auto repair, garage $910,000 +17.7%
    Restaurant $865,000 +11.9%
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    More about this property
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