Prime Investment Opportunity in Richardson: This well-maintained 5,003 sq. ft. office space offers a potential 7.24% 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.
The median home value in Richardson, TX is $410,400. This is higher than the county median home value of $302,600. The national median home value is $338,100. The average price of homes sold in Richardson, TX is $410,400. Approximately 50.46% of Richardson homes are owned, compared to 42.97% rented, while 6.58% are vacant. Richardson real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Richardson real estate agent to arrange a tour today!
Richardson, Texas 75082 has a population of 115,904. Richardson 75082 is more family-centric than the surrounding county with 35.12% of the households containing married families with children. The county average for households married with children is 32.82%.
The median household income in Richardson, Texas 75082 is $87,720. The median household income for the surrounding county is $65,011 compared to the national median of $69,021. The median age of people living in Richardson 75082 is 35 years.
The average high temperature in July is 94.7 degrees, with an average low temperature in January of 34.4 degrees. The average rainfall is approximately 40.3 inches per year, with 1.3 inches of snow per year.