Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Addison Office Building Near Airport Title is generated by Realmo AI

    4949 Keller Springs Road, Addison, TX 75001

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Three-story office building with garage parking and signage opportunities.

    Type:office.office_building
    Property size:
    20,735 SF
    Added:
    Mar 7, 2026
    Days on Market:
    91
    Last Refresh:
    Mar 7 at 7:07 pm

    Property Features for 4949 Keller Springs Road

    General Information

    Standard status
    Active
    Size
    20,735 SF
    Property subtype
    office.office_building

    We can help!

    Listing Contact
    Michael Bowles
    Michael Bowles

    Listing agent Michael Bowles

    Listing office Dallas, TX

    Listing date Mar 7, 2026

    Source Avisonyoung

    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 Dallas, TX

    HighLights

    • Up to 62,205 SF of contiguous office space available.
    • Building signage opportunities.
    • Structured garage parking.
    • Excellent access to the Dallas North Tollway.
    • Located next door to Addison Airport.
    • Proximity to restaurants, shopping, hotels, and retail.

    Overview

    Located at 4949 Keller Springs Rd in Addison, TX, the NTA Office Plaza is a three-story office building offering up to 62,205 SF of contiguous space across three full floors. Individual suites are approximately 20,735 SF each. The property features structured garage parking and building signage opportunities. It is conveniently located near Addison Airport with easy access to the Dallas North Tollway. The building benefits from stable ownership and recent infrastructure improvements along Keller Springs Road. The location provides excellent ingress/egress to the Dallas North Tollway and is in proximity to restaurants, shopping, hotels, and retail. It is next door to Addison Airport and close to the DART Addison Station with access to the new Silver Line, expected to open late 2025/early 2026.
    Location Intelligence

    Current Use by Public Records

    National Teachers Associates ... Insurance Agency NTALife Business Services ... Business Management Consultant

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Addison
    County
    Dallas
    State
    Texas
    Longitude
    -96.8263013
    Latitude
    32.969323

    Nearby Similar for Lease

    • Sponsored
      $129-$3,508/Mo
      11-1,292 SF

      The Madison

      15851 Dallas Pkwy, Unit 600, Addison, TX 75001
      View Details
    • $119-$3,049/Mo
      11-1,292 SF

      Quorum

      5050 Quorum Dr, Unit 700, Addison, TX 75254
      View Details
    • $19 SF/Yr
      11,038 SF

      Addison Flex Space For Lease

      Flex space featuring office and warehouse components in Addison, Texas.
      4393 Sunbelt Dr, Addison, TX 75001
      View Details
    • $23 SF/Yr
      16,180 SF

      Renovated Office Building with Amenities

      Class A office building with modern amenities and convenient location.
      14131 Midway Road, Addison, TX, 75001
      View Details
    • $1,390/Mo

      Sublease Office Suite with 24/7 Access

      Move into a premium office suite with secure building access and an available portion ready for a new subtenant.
      16775 Addison Rd, Addison, TX 75001
      View Details
    • $24 SF/Yr
      18,146 SF

      Office

      15851 Dallas Parkway, Addison, TX, 75001
      View Details
    • $24 SF/Yr
      4,212 SF

      Addison Class A Office Space

      Class A office space available for immediate lease in Addison.
      14911 Quorum Dr, Addison, TX
      View Details
    • $31 SF/Yr
      11,493 SF

      Addison Office Space Available

      Office space available for lease in Addison, Texas.
      5080 Spectrum Drive, Addison, TX, 75001
      View Details
    • Contact for pricing
      186,275 SF

      Addison Retail Space For Rent

      Prime retail spaces available in Addison/Carrollton retail district.
      3740-3850 BELT LINE RD, Addison, TX 75001
      View Details
    • Contact for pricing
      6,660 SF

      Addison Circle Office Space Available

      Office spaces for lease in Addison Circle, ranging from 1,255-2,122 SF.
      5040 Addison Cir, Addison, TX 75001
      View Details
    • $30 SF/Yr
      3 SF

      Creative Space in Historic Landmark

      Creative open space suitable for office, showroom, or retail use.
      4803 Broadway St | Addison, TX 75001, TX 75001
      View Details
    • $14 SF/Yr
      2,500 SF

      Addison Office Space For Rent

      Office space available for lease in Addison, Texas.
      2514 Tarpley Rd , Addison, TX
      View Details

    FAQs

    What type of property is this?
    Office building - Three-story office building with garage parking and signage opportunities.
    Where is this office building located?
    The property is located at 4949 Keller Springs Road Addison, TX.
    What are key features of this property?
    This property features: Up to 62,205 SF of contiguous office space available.; Building signage opportunities.; Structured garage parking.
    (214) 559-3900
    We can help!
    Listing Contact
    Michael Bowles
    Michael Bowles
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    4949 Keller Springs Road, Addison, Texas 75001
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!