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Property profile & analytics
OFF-MARKET Estimated value $4,755,000
Medical Office Space

12606 Greenville Ave Dallas, TX 75243-1921

122,310 SF 6.7 ac lot Built 1979
Individually Owned 8-yr Hold ~ Est. High Equity
Property ID
US82-5227015
Property summary
AI-generated overview

This exceptional Class B medical office building, located at 12606 Greenville Avenue in Dallas, Texas, offers 2,207 square feet of immediately available space. The property, built in 1980 and extensively renovated in 2021, boasts a total of 118,876 square feet across two stories. Its prime location provides convenient access to major Dallas thoroughfares, I-635 and the North Central Expressway (I-75), ensuring high visibility and easy patient access. The building features a multiple tenancy structure, offering a diverse and established medical community. Ample parking is available with a 5:1000 ratio, ensuring convenient parking for both patients and staff. The property is situated in Dallas County, Texas, zip code 75243. This is a fantastic opportunity for medical professionals seeking a well-maintained, conveniently located space within a thriving medical environment. The building's recent renovation ensures modern amenities and a comfortable atmosphere. The available space presents a unique chance to establish or expand a medical practice in a highly desirable Dallas location. The 2,207 square feet offers flexibility for various medical specialties. This property is ready for immediate occupancy.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1979
Construction TILT-UP CONCRETE
Total area 122,310 SF
Lot 6.7 ac (292,026 SF)
Zoning code Z239
APN 811111100000
UPID US82-5227015
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
  • Radiation Hospital
  • Tiffany M. Arredondo, PT Physician
  • Preston Village Pharmacy Pharmacy
  • Dr. Amy Cripps Physician
  • Stokes Chiropractic and Wellness Center Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.76M
Owner & transaction history
Hta-northpoint Medical Arts Ll · 8 yrs held
Hta-northpoint Medical Arts Ll
since 2017
6 recorded transactions
2017
Price N/A
2017
Price N/A
2015
Price N/A
2005
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Z239 · Dallas, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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