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Financial
Distress signals
Property profile

11551 Forest Central Dr Dallas, TX 75243

FOR LEASE
Office buildings
Property ID
US82-2556513
47,193 SF 2.96 ac lot Built 1979
Last sale Nov 2001
Entity Owned Owner of record is a legal entity (LLC / corporation). 24-yr Hold Held for 24 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Forest Central II, a Class B medical office building in Dallas, Texas, offers 73,330 square feet of space with 18,584 square feet currently vacant. Located at 11551 Forest Central Drive, Dallas, TX 75243, this single, three-story building sits on 2.96 acres and boasts convenient access to major thoroughfares including the North Central Expressway, I-635, US 75, and the North Dallas Tollway. Built in 1979 and extensively renovated in 2020, the property features two elevators and ample parking…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$78k
Tax billed · 2023
Assessed value$3.20M
Assessed land$1.94M
Assessed improvement$1.26M
Effective rate2.42%

Value estimate

· Oct 2026
$1.23M
$1.10M – $1.35M
AI approach$1.24M
Submarket $/SF estimate$1.22M
NOI build-up
Gross scheduled income$132k
Vacancy & credit loss−$33k
Operating expenses−$25k
NOI · 461,543.75% cap applied$74k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
461,543.75%
$74k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
Z151
JurisdictionDALLAS

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply35.7
Wholesale Shop29.4
Realty agency28.0

Location

11551 Forest Central Dr Dallas, TX 75243
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

15 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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