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    Medical Office Suite with Patient Rooms Title is generated by Realmo AI

    3501 N Macarthur Boulevard, Irving, TX 75062

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    For Sale
    $550,000

    SINGLE_FAMILY - Irving, TX

    Type:Office
    Property size:
    1,414 SF
    Lot size:
    8.14 Acres
    Price / SF:
    $388/SF
    Added:
    Nov 9, 2025
    Days on Market:
    205
    Last Refresh:
    Jun 2 at 9:06 pm

    Property Features for 3501 N Macarthur Boulevard

    General Information

    Property type
    Residential
    Property subtype
    Office
    Standard status
    Active
    APN
    32C12910030031000
    Lot size
    8.14 Acres

    Taxes and HOA fees

    Tax Description
    HEALTHSTATE MACARTHUR MED CAMPUS BLK 25 LT 1
    Tax Annual Amount
    7222

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1968
    Floors in Building
    1
    Number of units
    1
    Flooring type
    Tile
    Building materials
    Stucco
    Roof type
    Composition

    We can help!

    Listing Contact
    Reggie Andrews

    Listing agent Reggie Andrews License #0447144

    Listing office Synergy Realty Southlake, TX

    Listing date Nov 9, 2025

    MLS# 21029399

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 1,414 sq. ft. medical office with four fully equipped patient rooms
    • Welcoming lobby plus two bathrooms for patients and staff
    • Central heating and central air conditioning
    • Public water and public sewer
    • Stucco exterior with tile flooring and a composition roof
    • Built in 1968

    Overview

    This well-appointed 1,414 sq. ft. medical office is move-in ready and designed for day-to-day patient flow. The space includes four fully equipped patient rooms, a welcoming lobby for arrivals and check-in, and two bathrooms for staff and patient convenience. Suitable for practices seeking a functional, turnkey layout, the suite is already configured to support healthcare operations.

    Located within a thriving medical office park and medical corridor, the property offers convenient proximity to major healthcare destinations, including Baylor Irving, Medical City Las Colinas, and Baylor Scott & White Hospital. The office is positioned just minutes from top-tier facilities, and it also benefits from adjacency to the Ritz-Carlton Hotel, reinforcing accessibility for both practitioners and patients.

    This configuration fits a wide range of medical and healthcare uses, particularly outpatient practices that value an organized rooming setup and a professional front-facing entry. With the combination of turnkey improvements and a tenant-friendly environment concentrated around healthcare providers, the suite presents a practical opportunity for an operating practice or a healthcare operator looking to establish a presence in a busy medical corridor.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hospital Hospital G P Health ... Medical Clinic Las Colinas ObGyn Physician MacArthur Pediatrics Medical Clinic UT Southwestern Medical ... Medical Clinic

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Similar Places Nearby

    • O'Connor Animal Hospital — 3014 N O'Connor Rd Ste 100, Irving, TX 75062
    • VCA Metroplex Animal Hospital & Pet Lodge — 700 W Airport Fwy, Irving, TX 75062
    • VCA Pet Lodge & Grooming — 700 W Airport Fwy, Irving, TX 75062

    Location Insight

    • Map
    • Local Demand
    City
    Irving
    County
    Dallas
    State
    Texas
    Longitude
    -96.960455
    Latitude
    32.852767

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    FAQs

    What type of property is this?
    Medical Office Space - Move-in ready medical office with four patient rooms, lobby, and two bathrooms in a focused healthcare corridor.
    Where is this medical office space located?
    The property is located at 3501 N Macarthur Boulevard Irving, TX.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: 1,414 sq. ft. medical office with four fully equipped patient rooms; Welcoming lobby plus two bathrooms for patients and staff; Central heating and central air conditioning
    (817) 913-3611
    We can help!
    Listing Contact
    Reggie Andrews
    Real Estate License ID: 0447144
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

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

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