Eco Friendly
1616 Gateway Boulevard Richardson, TX
$ 1,875,000
Property Attributes
  • MLS#14604474
  • TypeCommercial
  • CountyDALLAS
  • CityRichardson
  • NeighborhoodChristian Medical Society
  • Zip75080
  • StyleOffice
  • Year Built1979
  • Taxes$ 18989
  • Price$ 1,875,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage7992
  • Lot Size0.75 Acres
Listing Provided Courtesy Of:
Stephen Hargrove with Keller Williams Realty DPR
Data Source:
North Texas Real Estate Info Systems (NTREIS) - 37 - TX
Property Description

This 7992 sqft building is ready for a new owner. It already has monument signage and the roof and 6 new Trane HVAC systems were replaced in 2018. The roof is a top of the line white energy efficient TPO roof. The property is located right in the heart of the telecom district and can be purchased as an owner occupy or investment property. Cap Rate is 6.51%. It could also be purchased by an owner that wants to occupy half of the space and lease out the other half as additional income. It has easy access to The University of Texas Dallas, a half a dozen major hospitals, the new City Line development, shopping and restaurants. It also has easy access to I-75 and PGBT.

Price History
6/20/2021 Listed $1,875,000

General Features

Block D
Building Use Office
Ceiling Height 11 to 14 Feet
Commercial Features Computer Ready, Fire Alarm, Security System, Telephone
Construction Materials Brick
Flooring Carpet, Ceramic Tile
Heating Central Air-Elec, Central Heat-Elec
Lot Number 3
Property Type Commercial
Proposed Financing Cash, Conventional
Stories 1
Subdivision Christian Medical Society
Tenant Pays All Utilities
Type COM-Sale
Utilities Asphalt, City Sewer, City Water, Concrete, Curbs
Year Built 1979
Year Built Details Preowned
Zoning Commercial C-M

Interior Features

# of Units 1
Living Area 7992
Occupancy Rate 100
Sqft Building 7992
Sqft Leasable 7992

Exterior Features

Construction Materials Walls Brick
Foundation Slab
Inclusions Building Only
Lot Size Area 0.747
Lot Size Area 0.747
Lot Size Area (acres) 0.747
Lot Size Area (sq Ft) 32539
Lot Size Source Tax
Lot Size Units Acres
Parking Features Area Assigned, Common Lot, Unassigned Spaces
Road Frontage Distance 130


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 75080

AVG $2.44M
AVG $18,249
AVG 80
Year Built
AVG 1977
AVG 54
Data Provided by Walkscore ® not using MLS data

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