You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
FOR LEASE
Office buildings

12201 Merit Dr Dallas, TX 75251

203,522 SF 3.45 ac lot Built 1980
Entity Owned 6-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US83-3688735
Property summary
AI-generated overview

Two Forest Plaza, located at 12201 Merit Dr, Dallas, TX 75251, presents a prime opportunity for businesses seeking high-quality office space. This Class A, 196,215 square foot building, constructed in 1981, offers a variety of suite sizes ranging from 2,326 to 18,573 square feet, accommodating diverse tenant needs. The property is ideally situated within the Park Central Business Park, providing convenient access to nearby hotels and restaurants. The building features a six-level covered parking garage ensuring ample parking for tenants and visitors. Additional amenities include a state-of-the-art conference center, a fully equipped fitness center, and a dedicated loading/service area for efficient operations. Tenants benefit from tenant-controlled HVAC systems, providing customized climate control. On-site management and a security guard provide peace of mind, further enhanced by an after-hours passcard security system. Two Forest Plaza has achieved the prestigious BOMA 360 designation, signifying its commitment to exceptional building management and operational excellence. This multi-tenant building offers a blend of medical and traditional office spaces, making it a versatile option for a wide range of businesses. The building's prime location, comprehensive amenities, and commitment to security and efficiency make it an attractive investment opportunity.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1980
Construction STEEL FRAME
Total area 203,522 SF
Lot 3.45 ac (150,456 SF)
Zoning code Z151
APN 007736000B02A0000
UPID US83-3688735
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
  • Davenport & Epstein, P.C. Law Firm
  • Hector Salomon New York Life - Financial Services Insurance Agency
  • New York Life Insurance Dallas - Nicole K. Miller, Agent Insurance Agency
  • New York Life - Wood Legacy Group, LLC Insurance Agency
  • Kews Radio Station Telecommunications Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$6.32M
Owner & transaction history
Ovr26 Spe LLC · 6 yrs held
Ovr26 Spe LLC
since 2020
7 recorded transactions
2020
Price N/A
2017
Price N/A
2014
Price N/A
2012
Price N/A
2007
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Z151 · Dallas, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message