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    Property profile & analytics
    OFF-MARKET Estimated value $2,565,000
    Parking lots & garages

    12700 Park Central Dr, Dallas, TX 75251-1500

    836,348 SF 12.53 ac lot Built 1975
    Entity Owned 9-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US82-1988704
    Property summary
    AI-generated overview

    This exceptional executive office space at 12700 Park Central Drive in Dallas, Texas, offers a variety of suite sizes to accommodate diverse business needs. The building boasts a total of 512,775 square feet, with a minimum divisible space of 170 square feet and a maximum contiguous space of 11,555 square feet. Currently, there are 211,008 square feet of vacant space available for lease, providing ample opportunity for businesses of all sizes. The property features a convenient 4:1000 parking ratio, ensuring sufficient parking for tenants and their guests. Located in Dallas County, zip code 75251, this property benefits from its strategic location near the "Dallas High Five" interchange, providing easy access to multiple labor pools throughout the city. Public transportation is readily available via DART bus and light rail service. The building's proximity to executive housing areas in North Dallas, Far North Dallas, and the Park Cities, combined with its convenient access to hotels, restaurants, retail centers, and recreational facilities within walking distance, makes it an ideal location for businesses seeking a thriving and convenient environment. The property is classified as an office building with multiple tenancies, offering flexibility for various business models. This landmark destination offers a prestigious address and unparalleled convenience.

    Property profile
    Verified
    Property type Parking lots & garages
    Use group PARKING GARAGE, PARKING STRUCTURE
    Year built 1975
    Construction FRAME
    Total area 836,348 SF
    Lot 12.53 ac (545,807 SF)
    Zoning code Z239
    APN 767315500000
    UPID US82-1988704
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Stucky Injury Law Law Firm
    • Kestrel Aircraft Logistics Company Moving Company
    • Texas A&M Transportation Institute Research Institute
    • C1 Insurance Group Insurance Agency
    • Trinity Consultants (Bike/Boat/Book/etc) Store Corporate Office
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $2.57M
    Owner & transaction history
    Mcknight Park Central LLC · 9 yrs held
    Mcknight Park Central LLC
    since 2016
    7 recorded transactions
    2019
    2019
    2016
    2012
    2012
    2005
    2001
    Zoning & alternative use
    Z239 · Dallas, TX
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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