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    1200 S Sherman St Dallas, TX

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    For Sale
    $10,816,763

    Office building with a strong corporate tenant in Dallas.

    Property size:
    73,646 SF
    Lot size:
    4.74 Acres

    Property Features for 1200 S Sherman St

    General Information

    Size
    73,646 SF
    Lot size
    4.74 Acres
    Source: Moodyscre

    Listing Agent: Jason Powell

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Dallas Office Building For Sale

    This office building features a globally recognized defense contractor as a tenant. The property benefits from a brand new 5-year lease extension and attractive rental increases. Recent capital improvements have been made to the property. Attractive assumable financing is available. The property is located in a strategic location and is in a tax-free state.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Dallas
    County
    Collin
    State
    Texas
    Longitude
    -96.8109852
    Latitude
    32.8122051

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    FAQs

    What type of property is this?
    Office building - Office building with a strong corporate tenant in Dallas.
    Where is this office building located?
    The property is located at 1200 S Sherman St Dallas, TX.
    What is the asking price?
    The asking price for this property is $10,816,763.
    What are key features of this property?
    This property features: - Strong corporate credit (NASDAQ: DRS); - Globally recognized defense contractor; - Attractive assumable financing
    (404) 823-6754
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1200 S Sherman St Dallas, TX
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