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$1,490,000
Est. payment /mo
6.41 Acres Lot
UPDATED:
11/15/2024 04:19 PM
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Subdivision Renner Professional Plaza Condo
MLS Listing ID 20734412
Total Fin. Sqft 5003
Year Built 2005
Annual Tax Amount $16,498
Lot Size 6.412 Acres
Acres 6.412
Property Description
BIG PRIVE IMPROVEMENT!Prime Investment Opportunity in Richardson: This well-maintained 5,003 sq. ft. office space offers a potential 7.75% cap rate, making it an excellent choice for investors or owner-users. Located near the George Bush Turnpike and Highway 75 intersection, this property provides easy access and excellent visibility. With four exterior doors, the space offers creative, dividable options, allowing for multiple configurations to accommodate various tenants or business needs. Situated directly across from the renowned Methodist Hospital, the location benefits from high traffic and a strong professional presence. Ideal for a 1031 exchange or direct investment, this office space is a rare opportunity in a thriving commercial district.
Location
State TX
County Collin
Zoning IM 2
Direction See GPS
Interior
Heating Central
Cooling Central Air
Flooring Carpet, Ceramic Tile, Vinyl
Heat Source Central
Exterior
Utilities Available City Sewer, City Water, Electricity Connected
Roof Type Metal
Garage No
Building
Foundation Slab
Structure Type Stone Veneer,Stucco,Other
Others
Ownership See Records
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Listed by Fahri Olgundeney • Rogers Healy and Associates