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Property profile & analytics
OFF-MARKET
Estimated value
$1,625,000
Office buildings
10260 Central Expy Dallas, TX 75231-3437
Entity Owned
9-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-1604879
Property summary
AI-generated overview
This exceptional Dallas, Texas office property, Meadow Central, offers 192,185 square feet of executive office space across two seven-story buildings. Located at 10260 N Central Expy, 75231, this prime location boasts convenient access to major thoroughfares including US Highway 75, Interstate 635, and the "High Five" Interchange. The property features 22 suites, with a minimum divisible space of 510 square feet and a maximum contiguous space of 8,256 square feet. Currently, 42,726 square feet are available. Built in 1979, Meadow Central provides ample parking with a ratio of 3.5-3.86 spaces per 1,000 square feet. Power options include 10260 - 3.5/1,000 SF and 10300 - 3.86/1,000 SF. The property's strategic location between Meadow Road and Royal Lane places it near popular destinations like The Hill, NorthPark Center, and The Shops at Park Lane, offering employees and clients a variety of nearby amenities. This is an excellent opportunity for businesses seeking a well-connected and convenient office space in the heart of Dallas, within Dallas County.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1979
Construction
FRAME
Total area
36,828 SF
Lot
3.15 ac (137,083 SF)
Zoning code
Z96
APN
007292000022C0000
UPID
US82-1604879
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
-
CornerstoneMD: Carolyn Riley, MD Physician Medical Clinic
-
Joseph Schill, ANP Physician
-
Calvin Wright - Real Estate Consultant Real Estate Agency
-
Roxanne Pero, M.D. Physician
-
Tekton Research - North Dallas - Dr. Mora Research Foundation
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.06M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.19M
Blend (final)
Blend
$1.63M
Owner & transaction history
Area-ey Meadow Central LLC · 9 yrs held
Area-ey Meadow Central LLC
since 2017
6 recorded transactions
Zoning & alternative use
Z96 · Dallas, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$2.6M
+99.3%
Commercial (general)
$2.3M
+73.1%
Neighborhood: shopping center
$1.6M
+25.1%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Dallas submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dallas submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$1,060,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,300,000
Current use
RETAIL STORES
$2,595,000
Change: +99% · Conversion: Moderate
COMMERCIAL (GENERAL)
$2,250,000
Change: +73% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$1,630,000
Change: +25% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,465,000
Change: +12% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,460,000
Change: +12% · Conversion: Difficult
Blend value · Realmo final
$1.63M
Range $1.46M – $1.79M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$44 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$167,519
Tax year 2023
Assessed value
$7,300,000
Assessed 2023
Previous assessed
$7,300,000
+0.0% YoY
Effective rate
2.29%
On assessed value
Assessed land
$2,741,660
Assessed improvement
$4,558,340
Land market value
$2,741,660
Improvement market value
$4,558,340
Total market value
$7,300,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1979
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
2
Total area
36,828 SF
Lot
3.15 ac (137,083 SF)
Zoning code
Z96
APN
007292000022C0000
UPID
US82-1604879
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z96 · Dallas, TX
Zoning Z96 · permitted uses
Z96 · Dallas, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Dallas. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.3M
RETAIL STORES
Est. value
$2.6M
COMMERCIAL (GENERAL)
Est. value
$2.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.6M
WAREHOUSE, STORAGE
Est. value
$1.5M
INDUSTRIAL (GENERAL)
Est. value
$1.5M
OFFICE BUILDING Current
RETAIL STORES
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
WAREHOUSE, STORAGE
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1979
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
2
Buildings
2
Lot
3.15 ac
Current owner
From public records · entity-resolved
Area-ey Meadow Central LLC
Entity
Free & Clear · 9 yrs held
Mailing address
5291 E YALE AVE, DENVER, CO 80222-6911
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 28, 2017
—
Area-ey Meadow Central LLC
10300 North Central LLC
Grant Deed
related
—
May 11, 2010
—
10300 North Central LLC
Rainier-10260 North Ctrl Expre
Grant Deed
—
Jan 5, 2010
$2,260,000
Rainier-10260 North Ctrl Expre
Bryan Larson Esq
Trustees Deed
—
—
—
10300 North Central LLC
—
Deed Of Trust
related
—
—
—
10300 North Central LLC
—
Deed Of Trust
related
$4,500,000 · United Texas Bank
—
—
10300 North Central LLC
—
Deed Of Trust
related
$3,500,000 · United Texas Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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