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Richardson, TX High Cap Rate Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Richardson, Texas Market population: 102K. Compare commercial properties across all major asset classes with...

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12 properties found
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⭐ Featured

Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code

$1,200,000
Oakland Multifamily

Discover a compelling real estate investment in the vibrant city of Oakland, California. This property at 5476 Vicente W...

Cap Rate 2.70%
NOI $32,400
Size 1,800 SF

📊 Avg Property Tax Rate For Richardson TX Properties: 12.3000%

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High-Cap-Rate Value-Add Multifamily Investment in Oakland

$2,299,999
Oakland Multifamily

Discover a compelling value-add opportunity in Oakland’s vibrant real estate market. This six-unit multifamily propert...

Cap Rate 7.97%
NOI $183,323
Size 6,104 SF

Investor Questions For Richardson TX

Common questions from investors exploring commercial real estate in Richardson TX.

What is the overall investment potential of Richardson, TX, considering its demographic and economic factors? +
The city's median household income of $69,323, combined with a relatively low poverty rate of 10.6% and a high health insurance coverage rate of 85.7%, suggests a stable investment market with a strong potential for rental income. Additionally, the top industries in Manufacturing, Information, and Finance & Insurance, & Real Estate & Rental & Leasing provide a diverse economic base, while the average commute time of 24 minutes and top commute methods of driving alone, working at home, or carpooling indicate a convenient and accessible location.
How does the ethnic diversity and foreign-born population impact the demand for housing in Richardson, TX? +
The city's ethnic diversity, with top ethnicities including White, White Non-Hispanic, and Hispanic, and a foreign-born rate of 24.1%, contributes to a culturally rich and dynamic community, which can drive demand for housing. This diversity, combined with a median property value of $187,400 and a homeownership rate of 57%, suggests a strong and stable housing market with opportunities for both renters and buyers.
What are the key factors to consider when evaluating the quality of life for tenants in Richardson, TX? +
The average commute time of 24 minutes, top commute methods, and a health insurance coverage rate of 85.7% are all important factors to consider when evaluating the quality of life for tenants in Richardson, TX. Additionally, the city's low poverty rate of 10.6%, high median household income of $69,323, and diverse economic base contribute to a high quality of life, making it an attractive location for tenants and a promising investment opportunity.
How does the income inequality and poverty rate in Richardson, TX impact the rental market and investment potential? +
The city's income inequality, as measured by the GINI coefficient of 0.44, and poverty rate of 10.6% are important considerations for investors. However, the relatively low poverty rate and high health insurance coverage rate of 85.7% suggest a stable and employed population, which can contribute to a strong rental market and attractive investment potential. Furthermore, the median household income of $69,323 and diverse economic base provide a solid foundation for investment growth.
What role do the top industries and commute methods play in shaping the investment landscape of Richardson, TX? +
The top industries in Manufacturing, Information, and Finance & Insurance, & Real Estate & Rental & Leasing drive employment and economic growth in Richardson, TX, while the commute methods of driving alone, working at home, or carpooling provide convenient access to job centers. This combination of economic diversity and accessibility contributes to a strong and stable investment market, with opportunities for both rental income and long-term appreciation in property value.

Richardson TX Real Estate & City Facts

Key facts and real estate information about Richardson TX.

What are some of the best neighborhoods to live in Richardson? +
Some of the best neighborhoods to live in Richardson include Prairie Creek, Southwest Richardson, East Richardson, Cotton Wood Creek, Canyon Creek South, Clear Spring Place, Canyon Creek North, Arapaho, Heights Park, Owens Park, and Greenwood Hills. Each neighborhood has its own unique character and advantages, so it's worth researching to find the one that best fits your needs and preferences.
What are some fun things to do in Richardson? +
Richardson has a variety of fun things to do, including visiting the Eisemann Center for the Performing Arts, Lockwood Distilling Company, Breckinridge Park, and the Richardson Food Truck Park. You can also explore the city's many shopping and dining options, such as the Cottonwood Art Festival, or play games at Free Play Arcade. Additionally, there are plenty of coffee shops and international restaurants to try.
What is the food scene like in Richardson? +
The food scene in Richardson is diverse and vibrant, with a wide range of options to suit every taste and budget. Some popular restaurants include Texas Restaurant, Frankie's Mexican Cuisine, Ten50 Bbq, Ali Baba Mediterranean Grill, Cloud Naan, The Fifth: Fireside Patio and Bar, and Hamburgotti's. There are also plenty of great food trucks and international cuisine options, such as Asian and Italian restaurants.
What are the pros and cons of living in Richardson? +
The pros of living in Richardson include its diverse neighborhoods, vibrant food scene, and variety of fun things to do. However, some potential cons to consider are the city's traffic and commute times, as well as the occasional crowds and noise in popular areas. Additionally, some residents may find the summer heat and humidity to be a challenge. Overall, Richardson is a great place to live for those who value community, culture, and convenience.
Is Richardson a good place to live? +
Yes, Richardson is a good place to live for many people. It offers a unique blend of small-town charm and big-city amenities, with a strong sense of community and a wide range of cultural and recreational activities. While it may have some drawbacks, such as traffic and summer heat, the city's many advantages make it a great choice for families, young professionals, and anyone looking for a vibrant and diverse place to call home.
⭐ Featured

Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal

$2,299,999
Oakland Apartment Building

Presenting a high-yield investment opportunity at 5476 Vicente Way in Oakland's sought-after Temescal neighborhood. This...

Cap Rate 7.97%
NOI $183,300
Size 0 SF

📊 Average Income For Richardson TX Commercial Property: $69,323

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Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal

$2,299,999
Oakland Multifamily

Discover a compelling investment opportunity at 5476 Vicente Way in Oakland's vibrant Temescal neighborhood. This well-m...

Cap Rate 7.97%
NOI $183,324
Size 0 SF
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Prime 18-Unit Multifamily Investment in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a prime multifamily investment opportunity at 101 Gregory St in Central City, Colorado. This 18-unit mid-rise a...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF
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New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a prime multifamily investment opportunity at 101 Gregory St in Central City, Colorado. This 18-unit mid-rise a...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF
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New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a compelling investment in Central City, Colorado, with this newly constructed 18-unit multifamily property at...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF
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Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA

$1,750,000
San Fernando Multifamily

Presenting a compelling value-add opportunity in the heart of San Fernando, California, this 8-unit multifamily property...

Cap Rate 6.66%
NOI $116,550
Size 5,040 SF
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Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate

$30,000,000
Valley Village Multifamily

Discover a prime multifamily investment opportunity in the desirable Valley Village neighborhood of Los Angeles County....

Cap Rate 3.39%
NOI $1,017,000
Size 52,393 SF
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Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate

$1,275,000
San Fernando Multifamily

Discover a compelling multifamily investment in the heart of San Fernando, California. This 5-unit apartment property, p...

Cap Rate 7.76%
NOI $98,945
Size 10,888 SF
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Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127

$2,450,000
Miami Multifamily (Condo)

Discover a prime investment opportunity at 136 NW 26th St in Miami, Florida. This Class B multifamily condo property, bu...

Cap Rate %
NOI $0
Size 30,000 SF
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Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset

$1,375,000
Philadelphia Multifamily

Discover a prime investment opportunity at 1531 Green St in Philadelphia, PA, a dynamic multifamily property offering co...

Cap Rate %
NOI $0
Size 6,624 SF
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