Renovated Medical Office
New
For Sale
Contact for pricing
4224 Swiss Ave, Dallas, TX 75204
Renovated medical office building with easy interstate access near Baylor Medical Center and the DART Green Line.
Property Size4,781 SF
Price / SF$375.44
Days on Market7
Property Features for 4224 Swiss Ave
General Information
Standard status
Active
Size
4,781 SF
Property subtype
Office
Site & Location
Highway Access
Yes
Public Transit
Yes
Building Details
Year Built
1956
Year Renovated
2013
Buildings
1
Building Size
4,781 SF
Tenancy
Single
Listing Agency:
STRIVE Commercial Real Estate Advisors
Listed By:
Jennifer Pierson · License #424317-B
Source:
Crexi
Added: Jul 27
Changed: Jul 30
Last Checked: Aug 1 at 4:22PM
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 STRIVE Commercial Real Estate Advisors
Investment Insights
Based on property information with market context.
Swiss Ave Medical Office is a 4,781 SF medical office building at 4224 Swiss Ave in Dallas. Originally built in 1956, the property was renovated in 2013, bringing updated condition to a purpose-built medical location.
The building is positioned neighboring Baylor University Medical Center, approximately 2 blocks west, supporting an established healthcare-oriented tenant environment. Baylor University Medical Center has over 900 beds and serves more than 300,000 people a year. Access to the surrounding Swiss Avenue corridor is also supported by Dallas Area Rapid Transit (DART) rail on the Green Line, connecting patients and healthcare workers without a car.
For drivers, the property offers easy access to three major interstates: Interstate 75, Interstate 30, and Interstate 45, creating connectivity from multiple directions across the city. The versatile building size is designed to be manageable for leasing or for an owner user seeking a medical office presence in core Dallas.
The building is positioned neighboring Baylor University Medical Center, approximately 2 blocks west, supporting an established healthcare-oriented tenant environment. Baylor University Medical Center has over 900 beds and serves more than 300,000 people a year. Access to the surrounding Swiss Avenue corridor is also supported by Dallas Area Rapid Transit (DART) rail on the Green Line, connecting patients and healthcare workers without a car.
For drivers, the property offers easy access to three major interstates: Interstate 75, Interstate 30, and Interstate 45, creating connectivity from multiple directions across the city. The versatile building size is designed to be manageable for leasing or for an owner user seeking a medical office presence in core Dallas.
Key Highlights
- 4,781 SF medical office building at 4224 Swiss Ave, Dallas
- Built in 1956; renovated in 2013
- Neighboring Baylor University Medical Center, about 2 blocks west
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 | $114.7k | $24.00 |
| − Vacancy | −$11.5k | −$2.40 |
| EGI | $103.3k | $21.60 |
| − OpEx | −$41.3k | −$8.64 |
| NOI | $62.0k | $12.96 |
4,781 SF · lease $24.00/SF/yr · vacancy 10.00% · expense 40.00%
Alternative Uses
Best Use
Office B
$3.93M
$3.44M – $4.58M
NOI $274,866 @ 7.0% cap · market cap 15.31%
Second Best
Healthcare Medical
$885.2K
$774.5K – $1.03M
NOI $61,962 @ 7.0% cap · market cap 3.45%
Theoretical Best
Office A
$5.74M
$5.02M – $6.69M
NOI $401,576 @ 7.0% cap · market cap 22.37%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
4,299
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 75204, TX
34,012
Population
23,304
Households
1.5
Avg Household Size
31
Median Age
70%
College-Educated
95%
High-School Grad
2.6 sq mi
ZIP Area
13,082
Density / Sq Mi
$93,007
Median Household Income
$71,995
Median Earnings
$1,822
Median Rent
$451,900
Median Home Value
Market
Vacancy Rate% for Office in Dallas, TX
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Renovated medical office building with easy interstate access near Baylor Medical Center and the DART Green Line.
Where is this medical office space located?
The property is located at 4224 Swiss Ave Dallas, TX.
What is the asking price?
The asking price for this property is $1,795,000.
What are key features of this property?
This property features: 4,781 SF medical office building at 4224 Swiss Ave, Dallas; Built in 1956; renovated in 2013; Neighboring Baylor University Medical Center, about 2 blocks west
