901 Waterfall Way Ste 101a Richardson, TX 75080-6753

Property Details for 901 Waterfall Way Ste 101a

Year built

1982

Construction

TILT-UP CONCRETE

Lot size

2.90 lot acres

Property size

1,686 SF

Zone code

Z31

Property type

Office buildings

APN

42245500010100A00

APU

42245500010100A00

Description

This exceptional two-story office building presents a compelling investment opportunity in the thriving Richardson, Texas business park at 901 Waterfall Way, zip code 75080. The 11,472 square foot building, constructed in 1982, sits on a 0.67-acre lot and is classified as a Class B property. Its dual functionality as both executive and traditional office space offers significant versatility for a wide range of tenants. The property is free from restrictive covenants or condo association fees, providing cost-effectiveness and operational flexibility. Its location within an established business park ensures strong visibility and accessibility. An optional sale-leaseback of the second floor is available, providing potential immediate income at market rates. The current owner is willing to lease back space from the new owner or vacate the building entirely, offering flexibility to suit the buyer's needs. This presents a unique opportunity for owner-occupancy or a lucrative investment with potential for immediate cash flow. The asking price is $1,950,000. The property's location and adaptable nature make it suitable for various office and even medical uses, maximizing its potential for long-term value and return on investment.

Location Insight

City

Richardson

County

Dallas

State

Texas

Longitude

-96.7643

Latitude

32.9413

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments