Building Details

Building Size 4,860 SF

Year Built 1974

Listing Agency: BHHS Premier Properties

Listed By: Jennifer Franke · License #0620184 Show Phone

Source: Nilesrealtygroup

Added: Jul 9 Changed: Oct 1 Last Checked: Oct 13 at 3:27AM

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Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BHHS Premier Properties

Investment Insights

Based on property information with market context.

Standalone medical office building located in the Farmers Branch area with convenient access to I-635, I-35E, and the DART Green Line. The property is approximately 4,860 SF and features an existing dental or medical office layout that includes a reception area, private offices, operatories, and plumbing infrastructure.

The building is zoned PD-86 and is situated in a re-development zone with new apartments, shopping, and restaurants. Surface parking is available onsite.

The existing improvements make the space suitable for medical, dental, wellness, professional office, or specialty office uses.

Key Highlights

• Standalone medical office building built in 1974
• Approx. 4,860 SF with existing dental/medical office layout including reception, private offices, and operatories
• Plumbing infrastructure in place for medical/dental use

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$69,099

Cap Rate

6.28%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,381,980 $1.4M

Cap Rate 7%

$987,129 $987.1K

Cap Rate 9%

$767,767 $767.8K

Market Conditions

NOI Build-Up for 4,860 SF

Gross rent

$126.6K $26.04/SF

− Vacancy

−$11.4K −$2.34/SF

EGI

$115.2K $23.70/SF

− OpEx

−$46.1K −$9.48/SF

NOI

$69.1K $14.22/SF

Area

Dallas County, TX

Vacancy

9.00%

Lease Rate

$26.04 /SF/Yr

Expense Ratio

40.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,381,980

Cap Rate 7%

$987,129

Cap Rate 9%

$767,767

Alternative Uses

Best Use

Healthcare Medical

$987.1K

$863.7K – $1.15M (±1% cap)

NOI $69,099 @ 7.0% cap · market cap 6.28%

Second Best

Office B

$984.2K

$861.1K – $1.15M (±1% cap)

NOI $68,891 @ 7.0% cap · market cap 6.26%

Theoretical Best

Multifamily LT 5

$58.26M

$50.97M – $67.96M (±1% cap)

NOI $4,077,858 @ 7.0% cap · market cap 370.55%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Medical Office Space

Suggested Use

Top Pick Parking Lot & Garage Florist Catering Service Tanning Salon Pet Grooming Service Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

811

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 75234, TX

33,216

Population

13,775

Households

2.4

Avg Household Size

37

Median Age

42%

College-Educated

82%

High-School Grad

10.2 sq mi

ZIP Area

3,256

Density / Sq Mi

$86,585

Median Household Income

$45,319

Median Earnings

$1,730

Median Rent

$314,300

Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019

16.4% 2020

17.3% 2021

18% 2022

18.6% 2023

20.3% 2024

20.2% 2025

Questions? Ask Rey

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What type of property is this? Where is this medical office space located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Medical Office Space - Standalone medical office building with existing dental/medical layout, operatories, and plumbing infrastructure, plus surface parking.

Where is this medical office space located?

The property is located at 2567 Valley View Lane Farmers Branch, TX.

What is the asking price?

The asking price for this property is $1,100,500.

What are key features of this property?

This property features: Standalone medical office building built in 1974; Approx. 4,860 SF with existing dental/medical office layout including reception, private offices, and operatories; Plumbing infrastructure in place for medical/dental use