Free-Standing Office
For Sale
$650,000
2823 Kendale Drive, Dallas, TX 75220
Free-standing office building currently operating as a dental office with office/medical zoning.
Property Size3,771 SF
Price / SF$172.37
Days on Market15
Property Features for 2823 Kendale Drive
General Information
Standard status
Active
Size
3,771 SF
Property subtype
Commercial
Building Details
Year Built
1948
Listing Agency:
AMX Realty
(469) 644-7432
Listed By:
Tuan Nguyen · License #0520866
(469) 644-7432
Source:
Fullhouserealtytx
Added: Jul 22
Changed: Jul 23
Last Checked: Jul 26 at 5:06PM
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 AMX Realty
Investment Insights
Based on property information with market context.
This free-standing office building is currently used as a dental office. The space includes dental equipment that is negotiable, and the property is positioned as an office facility with existing buildout for medical-related use.
The property offers visibility and parking, and it is described as having a strong traffic count. It is located close to Love Field.
Zoning is for office or medical use. The seller notes it could be used for office purposes or other uses consistent with zoning, with dental equipment available for negotiation.
The property offers visibility and parking, and it is described as having a strong traffic count. It is located close to Love Field.
Zoning is for office or medical use. The seller notes it could be used for office purposes or other uses consistent with zoning, with dental equipment available for negotiation.
Key Highlights
- Free‑standing office building built in 1948, currently operating as a dental office
- Zoned for office or medical use
- Dental equipment is negotiable
Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $90.5k | $24.00 |
| − Vacancy | −$9.1k | −$2.40 |
| EGI | $81.5k | $21.60 |
| − OpEx | −$32.6k | −$8.64 |
| NOI | $48.9k | $12.96 |
3,771 SF · lease $24.00/SF/yr · vacancy 10.00% · expense 40.00%
Alternative Uses
Best Use
Office B
$3.10M
$2.71M – $3.61M
NOI $216,800 @ 7.0% cap · market cap 33.35%
Second Best
Healthcare Medical
$698.2K
$610.9K – $814.5K
NOI $48,872 @ 7.0% cap · market cap 7.52%
Theoretical Best
Office A
$4.52M
$3.96M – $5.28M
NOI $316,742 @ 7.0% cap · market cap 48.73%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,348
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 75220, TX
39,627
Population
15,589
Households
2.5
Avg Household Size
32
Median Age
23%
College-Educated
61%
High-School Grad
11.3 sq mi
ZIP Area
3,507
Density / Sq Mi
$57,787
Median Household Income
$33,127
Median Earnings
$1,164
Median Rent
$449,500
Median Home Value
Market
Vacancy Rate% for Office in Dallas, TX
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Free-standing office building currently operating as a dental office with office/medical zoning.
Where is this medical office space located?
The property is located at 2823 Kendale Drive Dallas, TX.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Free‑standing office building built in 1948, currently operating as a dental office; Zoned for office or medical use; Dental equipment is negotiable
