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    1340 Empire Central Dr Dallas, TX 75247
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    Property profile & analytics

    1340 Empire Central Dr, Dallas, TX 75247

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    • Hospitals
    • 40,828 SF
    • 2.85 lot acres
    Modernized Medical Rehabilitation Facility For Lease
    $4,275,000
    40,828 SF

    Modernized Medical Rehabilitation Facility

    40,828 SF sublease, 40-bed facility near UTSW Medical District.

    1340 Empire Central Dr, Dallas, TX
    View Listing
    Property ID
    US82-1469621
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Fresenius Medical Care at Global Rehab Dallas / Medical Clinic
    • Lindsey Amos / Pediatrician / Medical Clinic
    • Omolara Aderinboye / Pediatrician / Medical Clinic
    • Dr. Anayah Sarkar / Pediatrician / Medical Clinic
    • Dr. Hooman Sedighi, MD / Physician / Medical Clinic

    Property Details for 1340 Empire Central Dr

    Year built
    2008
    Construction
    TILT-UP CONCRETE
    Lot size
    2.85 lot acres
    Zone code
    Z151
    Property type
    Hospitals
    APN
    007940000M0080000
    APU
    007940000M0080000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jan 17, 2020 — Cmk2b Dallas LLC Dallas Medical Properties LLC Special Warranty Deed $57.3M · Capital One Bank NA
    Sep 8, 2017 — Dallas Medical Properties LLC Cornerstone Dallas Rehab LP Special Warranty Deed $36.6M · Capital One NA
    Aug 20, 2010 — Cornerstone Dallas Rehab LP Gr Irf I LP Grant Deed —
    Nov 16, 2007 — Irf I Gr Brookhollow Corp Grant Deed $9.3M · Stillwater Nat'l Bank & Trust
    Nov 9, 2007 — Gr Irf 1 LP Owner Name Unavailable Grant Deed · related $9.3M · Stillwater Nat'l Bank & Trust
    May 30, 2007 — Brookhollow Place Partners — Trustees Deed · related $125k · Regions Bank
    — — Cornerstone Dallas Rehab LP — Loan Modification · related —
    — — Cornerstone Dallas Rehab LP — Deed Of Trust · related $7.5M · American Momentum Bk
    — — Brookhollow Place Partners — Deed Of Trust · related $1M · Regions Bank
    — — Cornerstone Dallas Rehab LP — Loan Modification · related —

    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $3,620,000
      Market price range: $1.02M - $4.26M
    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $2,770,000
      Current use
      RESTAURANT
      $5,740,000
      Change: +107% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $4,760,000
      Change: +72% Conversion: Difficult
      RETAIL STORES
      $4,275,000
      Change: +54% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $2,885,000
      Change: +4% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $2,790,000
      Change: +1% Conversion: Easy
      OFFICE BUILDING
      $2,740,000
      Change: -1% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Dallas
    County
    Dallas
    State
    Texas
    Longitude
    -96.8698
    Latitude
    32.8261
    CBSA code
    19100
    CBSA name
    DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $195,056
    $1,861,530
    $6,638,470
    $8,500,000
    -
    $1,861,530
    $6,638,470
    $8,500,000
    View Listing
    More about this property
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