Medical Office Building with Dental
For Sale
$599,000
737 Irby Lane, Irving, TX 75061
COMMERCIAL - Irving, TX
Property Size3,166 SF
Lot Size0.28 Acres
Price / SF$189.20
Days on Market91
Property Features for 737 Irby Lane
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commerc
Parking features
Garage
Subdivision
Forest Park Estates
Lot features
Level
Directions
Hwy 30 West, exit 46A (35E) Denton, to US-67 S Denton ,1-35E N, Right on IH-35 E N Denton for 5.5 mi, exit 433A on the Left merge onto SH-183W toward SH-183 Irving. Take a slight left to merge onto SH-183W, Right on SH-183W, Exit macArthur & Left ,Right on Pioneer Left on Irby & on the Right.
Standard status
Active
APN
321235000C16R0000
Lot size
0.28 Acres
Taxes and HOA fees
Tax Description
FOREST PARK ESTATES 3 BLK C LOT 16R ACS 0.277
Tax Annual Amount
8019
Legal Description
FOREST PARK ESTATES 3 BLK C LOT 16R ACS 0.277
Utilities
Sewer type
Public Sewer
Heating system
Central, Natural Gas
Cooling system
Ceiling Fan(s), Central Air, Electric
Water source
Public
Building Details
Year built
1968
Floors in Building
1
Number of units
1
Flooring type
Carpet, Vinyl
Building materials
Brick, Concrete
Roof type
Composition
Listing Agency:
Caprice Michelle, LLC
(214) 789-7364
Listed By:
Caprice Michelle · License #9004701
(214) 789-7364
Added: May 5
Changed: Aug 2
Last Checked: Aug 3 at 12:06AM
MLS# 21148605
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.
Investment Insights
Based on property information with market context.
Medical office building currently configured for a dental practice, with four dental operatories totaling 1,656 SF and a dental offices suite of 1,510 SF for 3,166 SF total. Construction includes brick and concrete, with carpet and vinyl flooring throughout. Heating is provided by central natural gas, and cooling includes ceiling fans, central air, and electric. The roof is composition, and the property has public water and a public sewer connection. Parking is available with a garage.
Built in 1968, the building has been a long-term dental practice since 1968. A new roof was installed in 2020, and the property has had updates including new windows and signage.
The space is offered as-is, with the opportunity for a user to lease or purchase the property.
Built in 1968, the building has been a long-term dental practice since 1968. A new roof was installed in 2020, and the property has had updates including new windows and signage.
The space is offered as-is, with the opportunity for a user to lease or purchase the property.
Key Highlights
- 4 dental operatories totaling 1,656 SF
- Dental offices suite of 1,510 SF
- Total building size 3,166 SF
Financial Insights For Office B
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 | $76.0k | $24.00 |
| − Vacancy | −$19.1k | −$6.05 |
| EGI | $56.8k | $17.95 |
| − OpEx | −$14.2k | −$4.49 |
| NOI | $42.6k | $13.46 |
3,166 SF · lease $24.00/SF/yr · vacancy 25.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$609.0K
$532.8K – $710.5K
NOI $42,627 @ 7.0% cap · market cap 7.12%
Second Best
Healthcare Medical
$586.2K
$512.9K – $683.9K
NOI $41,031 @ 7.0% cap · market cap 6.85%
Theoretical Best
Office A
$811.9K
$710.5K – $947.3K
NOI $56,836 @ 7.0% cap · market cap 9.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,022
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 75061, TX
55,828
Population
20,187
Households
2.8
Avg Household Size
33
Median Age
17%
College-Educated
66%
High-School Grad
11.6 sq mi
ZIP Area
4,813
Density / Sq Mi
$61,260
Median Household Income
$33,388
Median Earnings
$1,292
Median Rent
$228,400
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Dental-ready medical office with central HVAC, public utilities, and a total of 3,166 SF across operatories and offices.
Where is this medical office space located?
The property is located at 737 Irby Lane Irving, TX.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: 4 dental operatories totaling 1,656 SF; Dental offices suite of 1,510 SF; Total building size 3,166 SF
