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Property profile & analytics
FOR LEASE
Industrial properties

851 International Pkwy Richardson, TX 75081

59,010 SF 4.01 ac lot Built 1984
Entity Owned Free & Clear
Property ID
US82-3400424
Property summary
AI-generated overview

Arapaho Place offers exceptional flex space for lease, totaling 41,863 square feet. This multi-tenant industrial property presents a unique opportunity for businesses seeking versatile and adaptable space. Two spaces are currently available, offering flexible options to suit various operational needs. The minimum divisible space is 8,204 square feet, while the maximum contiguous space available is 24,949 square feet. The entire building is currently vacant, providing a blank canvas for a new tenant or the opportunity to subdivide the space. The property boasts a functional design with a consistent 14-foot ceiling height throughout, providing ample vertical clearance for storage, equipment, or high-bay racking systems. Its industrial classification makes it suitable for a wide range of uses, from light manufacturing and warehousing to distribution and office/showroom combinations. The strategic location, while not specified here, offers easy access to key transportation routes and amenities, enhancing operational efficiency and employee convenience. This property is ideal for businesses seeking a modern, efficient, and adaptable workspace to support their growth and expansion. Contact us today to schedule a viewing and explore the possibilities of establishing your business at Arapaho Place.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1984
Construction TILT-UP CONCRETE
Total area 59,010 SF
Lot 4.01 ac (174,545 SF)
Zoning code Z109
APN 42196790030020000
UPID US82-3400424
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
  • Southwest Dispatch Center Security Service
  • OneDigital Dallas Insurance Agency
  • Wireless CCTV LLC Industrial Manufacturer Production Facility
  • Talent Solutions Business Service Center Employment Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$935k
CAP Approach CAP
by Request
Comparable Approach Comparable
$672k
Blend (final) Blend
$805k
Owner & transaction history
Cip Telecom Corridor LLC
Cip Telecom Corridor LLC
since 2025
6 recorded transactions
2026
Price N/A
2025
Price N/A
2021
Price N/A
2019
Price N/A
2016
Price N/A
1969
Price N/A
Zoning & alternative use
Z109 · Richardson, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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