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Property profile & analytics
OFF-MARKET
Estimated value
$7,340,000
Office buildings
12404 Park Central Dr Dallas, TX 75251-1800
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US83-4128279
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1986
Construction
FRAME
Total area
234,300 SF
Lot
4.27 ac (186,175 SF)
Zoning code
Z151
APN
0077300A000010000
UPID
US83-4128279
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
-
Cholla Petroleum Inc Corporate Office
-
Campbell Agency Employment Agency
-
Campero USA Corp. Home Office Corporate Office
-
Campbell Wagner Runway Airport
-
Landry Commercial Medical Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.34M
Owner & transaction history
Reserve Capital-hidden Grove S · 8 yrs held
Reserve Capital-hidden Grove S
since 2017
7 recorded transactions
Zoning & alternative use
Z151 · Dallas, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$31 / 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
$672,676
Tax year 2023
Assessed value
$27,750,130
Assessed 2023
Previous assessed
$27,750,130
+0.0% YoY
Effective rate
2.42%
On assessed value
Assessed land
$5,585,250
Assessed improvement
$22,164,880
Land market value
$5,585,250
Improvement market value
$22,164,880
Total market value
$27,750,130
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
1986
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
4
Total area
234,300 SF
Lot
4.27 ac (186,175 SF)
Zoning code
Z151
APN
0077300A000010000
UPID
US83-4128279
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z151 · Dallas, TX
Zoning Z151 · permitted uses
Z151 · 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.
Building & site characteristics
From public records
Year built
1986
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
4
Buildings
2
Lot
4.27 ac
Current owner
From public records · entity-resolved
Reserve Capital-hidden Grove S
Entity
Mailing address
PO BOX 631010, IRVING, TX 75063-0009
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 25, 2022
—
E Avenue F LLC
—
Deed
related
$30,000,000 · Liberty National Bank
Jul 15, 2022
—
E Avenue F LLC
—
Deed
related
$30,000,000 · Liberty National Bank
Jul 6, 2020
—
Reserve Cap Hidden Grove Spe L
—
Deed
related
$23,176,843 · First United Bk
May 1, 2019
—
Reserve Capital-hidden Grove S
—
Trustees Deed
related
$21,850,000 · Bsprt Cre Fin LLC
Nov 28, 2017
—
Reserve Capital-hidden Grove S
Red River Park Central LLC
Quit Claim Deed
related
$21,000,000 · Benefit Street Ptrs Realty Ope
Jan 6, 2014
—
Cmntys Presbyterian
Red River Park Central LLC
Grant Deed
related
—
Jan 22, 2013
—
Red River Park Central LLC
Dallas Park Central LLC
Grant Deed
$16,612,000 · Miscellaneous Ins Co
—
—
Reserve Cap Hidden Grove Spe L
—
Deed Of Trust
related
$23,176,843 · First United Bk
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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