3205 Talon Dr
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3205 Talon Dr
5,003 SF Office Building Richardson, TX 75082 $1,490,000 ($298/SF) 7.73% Cap Rate
Investment Highlights
- PRIME OFFICE LOCATION
- STANDALONE ONE STORY WITH 25 PARKING SPOTS
- WELL MAINTAINED BUILDING
- POTENTIAL HIGH CAP RATE
- 4 EXTERIOR DOORS WITH DIFFERENT DIVIDING OPTIONS
Executive Summary
BIG PRICE IMPROVEMENT!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 Richardson 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.
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 Richardson 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.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
5,003 SF
Building Class
B
Year Built
2005
Price
$1,490,000
Price Per SF
$298
Cap Rate
7.73%
NOI
$115,116
Tenancy
Single
Building Height
1 Story
Typical Floor Size
5,003 SF
Building FAR
0.23
Lot Size
0.49 AC
Zoning
IM2 - City of Richardson. Zoning information attached, contact city to confirm your intended use for the property.
Parking
25 Spaces (5 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Signage
- Kitchen
- Central Heating
- Natural Light
- Open-Plan
- Drop Ceiling
- Air Conditioning
PROPERTY TAXES
| Parcel Number | R-9136-000-0070-1 | Improvements Assessment | $625,500 |
| Land Assessment | $257,073 | Total Assessment | $882,573 |
PROPERTY TAXES
Parcel Number
R-9136-000-0070-1
Land Assessment
$257,073
Improvements Assessment
$625,500
Total Assessment
$882,573
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3205 Talon Dr
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