Two-Tenant Medical Office
For Sale
$1,695,000
820 N Zang Boulevard, Dallas, TX 75208
CommercialSale, Dallas, TX
Property Size4,182 SF
Lot Size0.32 Acres
Price / SF$405.31
Days on Market115
Property Features for 820 N Zang Boulevard
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning description
Commercial / office / medical office / retail
Parking features
Open, Assigned
Subdivision
North Zang Dev
Directions
GPS : 820 N Zang Blvd , Dallas , Tx 75208
Standard status
Active
APN
003372000F02A0000
Lot size
0.32 Acres
Additional Details
Tenant in Place
Yes
Property Use
Medical Office
Medical Specialty
dental
Taxes and HOA fees
Tax Description
NORTH ZANG OFFICE PARK BLK F/3372 LT 2A ACS 0
Tax Annual Amount
20040
Legal Description
NORTH ZANG OFFICE PARK BLK F/3372 LT 2A ACS 0
Utilities
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Central Air, Electric
Water source
Public
Amenities
monument signage
Building Details
Year built
2003
Floors in Building
1
Number of units
2
Flooring type
Vinyl, Laminate, Tile
Building materials
Brick, Rock, Stone, WoodSiding
Roof type
Composition
Buildings
1
Listing Agency:
Sonya Realty, LLC
Listed By:
Sonya Rafie · License #0330549
(972) 948-9200
Added: Jul 11
Changed: Oct 28
Last Checked: Nov 2 at 7:06AM
MLS# 21294829
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.
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Investment Insights
Based on property information with market context.
Standalone office building completed in 2003 with two separate suites totaling approximately 4,182 SF. Suite 110 contains 2,396 SF and is leased to a dental practice, while Suite 120 offers 1,785 SF for medical or retail use. The property includes monument signage, assigned and open parking, public water and sewer, electric central heating, electric central air, and a composition roof. Interior finishes include vinyl, laminate, and tile flooring.
Located on N Zang Boulevard in Dallas, the property is near the Bishop Arts District and Methodist Medical Center. Access is available to I-35E and I-30, and the Dallas Streetcar is within walking distance. The parcel measures 0.32 acres.
Located on N Zang Boulevard in Dallas, the property is near the Bishop Arts District and Methodist Medical Center. Access is available to I-35E and I-30, and the Dallas Streetcar is within walking distance. The parcel measures 0.32 acres.
Key Highlights
- Two‑suite office building with approximately 4,182 SF
- Suite 110 measures 2,396 SF and is leased to a dental practice
- Suite 120 provides 1,785 SF for medical or retail use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$54,199
Cap Rate
3.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,083,980
$1.1M
Cap Rate 7%
$774,271
$774.3K
Cap Rate 9%
$602,211
$602.2K
Market Conditions
NOI Build-Up for 4,182 SF
Gross rent
$100.4K $24.00/SF
− Vacancy
−$10.0K −$2.40/SF
EGI
$90.3K $21.60/SF
− OpEx
−$36.1K −$8.64/SF
NOI
$54.2K $12.96/SF
Area
Dallas, TX
Vacancy
10.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,083,980
Cap Rate 7%
$774,271
Cap Rate 9%
$602,211
Alternative Uses
Best Use
Office B
$3.43M
$3.01M – $4.01M
NOI $240,429 @ 7.0% cap · market cap 14.18%
Second Best
Healthcare Medical
$774.3K
$677.5K – $903.3K
NOI $54,199 @ 7.0% cap · market cap 3.20%
Theoretical Best
Office A
$5.02M
$4.39M – $5.85M
NOI $351,264 @ 7.0% cap · market cap 20.72%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Office units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,119
Businesses Nearby
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Business Placement
Demographics for 75208, TX
29,446
Population
13,655
Households
2.2
Avg Household Size
36
Median Age
41%
College-Educated
76%
High-School Grad
6.1 sq mi
ZIP Area
4,827
Density / Sq Mi
$76,502
Median Household Income
$48,460
Median Earnings
$1,589
Median Rent
$415,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Dallas, TX
Frequently Asked Questions
What type of property is this?
Office building - Standalone office property with two suites, monument signage, assigned and open parking, and flexible medical or retail use potential.
Where is this office building located?
The property is located at 820 N Zang Boulevard Dallas, TX.
What is the asking price?
The asking price for this property is $1,695,000.
What are key features of this property?
This property features: Two‑suite office building with approximately 4,182 SF; Suite 110 measures 2,396 SF and is leased to a dental practice; Suite 120 provides 1,785 SF for medical or retail use
