Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    155 Oak Lawn Ave Dallas, TX 75207-6938

    • Industrial properties
    • 31,227 SF
    • 1.29 lot acres
    OFF-MARKET
    Value Estimations
    $2,900,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-1536443
    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.

    Current Use by Public Records

    • Sugar Film Production / Film Production Company
    • Ginger Fox Studio / Art Gallery

    Property Details for 155 Oak Lawn Ave

    Year built
    1956
    Construction
    TILT-UP CONCRETE
    Lot size
    1.29 lot acres
    Property size
    31,227 SF
    Zone code
    Z239
    Property type
    Industrial properties
    Property subtype
    Loft space
    APN
    634612000000
    APU
    634612000000

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $2,965,000
      6.5%
      $2,740,000
      7%
      $2,545,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $3,059,000
      Market price range: $1.02M - $3.45M

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $2,265,000
      Current use
      RESTAURANT
      $4,390,000
      Change: +94% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $3,640,000
      Change: +61% Conversion: Easy
      RETAIL STORES
      $3,270,000
      Change: +44% Conversion: Moderate
      NEIGHBORHOOD: SHOPPING CENTER
      $2,205,000
      Change: -3% Conversion: Difficult
      MEDICAL BUILDING
      $2,120,000
      Change: -7% Conversion: Difficult
      OFFICE BUILDING
      $2,070,000
      Change: -9% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $1,995,000
      Change: -12% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Dallas
    County
    Dallas
    State
    Texas
    Longitude
    -96.8244
    Latitude
    32.7913
    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
    $80,317
    $1,965,360
    $1,534,640
    $3,500,000
    -
    $1,965,360
    $1,534,640
    $3,500,000

    Comparable in this City

    • Value Estimation by Request
      2,740 SF

      2231 Valdina St Ste, Unit 104

      INDUSTRIAL LOFT BUILDING • 2,740 SF
      2231 Valdina St Ste, Dallas, TX 75207-6118
      View Details
    • Value Estimation by Request
      2,662 SF

      2231 Valdina St Ste, Unit 106

      INDUSTRIAL LOFT BUILDING • 2,662 SF
      2231 Valdina St Ste, Dallas, TX 75207-6119
      View Details
    • Value Estimation
      $1,135,000
      14,122 SF

      1418 Slocum St

      INDUSTRIAL LOFT BUILDING • 14,122 SF
      1418 Slocum St, Dallas, TX 75207-3803
      View Details
    • Value Estimation by Request
      2,786 SF

      4798 Iberia Ave

      INDUSTRIAL LOFT BUILDING • 2,786 SF
      4798 Iberia Ave, Dallas, TX 75207-5508
      View Details
    • Value Estimation by Request
      2,171 SF

      2229 Valdina St, Unit 110

      INDUSTRIAL LOFT BUILDING • 2,171 SF
      2229 Valdina St, Dallas, TX 75207-6120
      View Details
    • Value Estimation by Request
      2,674 SF

      4770 Memphis St

      INDUSTRIAL LOFT BUILDING • 2,674 SF
      4770 Memphis St, Dallas, TX 75207-5304
      View Details

    Similar Nearby for Sale

    • $895,000
      3,337 SF

      Dallas Design District Warehouse

      3,337 SF Flex Space, $895,000
      4770 Iberia Ave, Dallas, TX 75207
      View Details
    • Contact for pricing
      39,247 SF

      Dallas Retail & Industrial Portfolio

      Prime Dallas location, 39,247 SF, 2 buildings
      2323 Valdina St, Dallas, TX 75207
      View Details
    • $20,000,000
      3.16 Acres

      Dallas Riverfront Industrial Property

      Prime Dallas Design District Location, 76,000 SF
      1000 Riverfront Blvd, Dallas, TX 75207
      View Details
    • Contact for pricing
      76,000 SF

      Dallas Design District Warehouse

      76,000 SF Warehouse, prime location
      170 Pittsburg St, Dallas, TX 75207
      View Details
    • Contact for pricing
      4,068 SF

      Dallas Warehouse: 4,068 SF

      Single-tenant industrial warehouse in Dallas.
      4775 Memphis St, Dallas, TX 75207
      View Details
    • Contact for pricing
      8,245 SF

      Dallas Flex Warehouse - 8245 SF

      Versatile Dallas industrial space; ideal for flex or warehouse use.
      4832 Memphis St, Dallas, TX 75207
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      4,934 SF

      Industrial Space Available For Lease

      Industrial property offering 4934 square feet for lease.
      2777 Irving Blvd, Dallas, TX 75207
      View Details
    • Contact for pricing
      9,684 SF

      Industrial Property for Lease

      Commercial property available for lease in Dallas, Texas.
      1227 Slocum St, Dallas, TX 75207
      View Details
    • Contact for pricing
      6,750 SF

      Farrington Street Retail/Live-Work Space

      6,750 SF retail or live-work space with full kitchen.
      2119-2133 Farrington St, Dallas, TX 75207
      View Details
    • Contact for pricing
      18,300 SF

      Algiers St Flex Space For Lease

      Dallas County flex space; 2 suites available.
      4748 Algiers St, Dallas, TX 75207
      View Details
    • Contact for pricing
      32,528 SF

      Dallas Warehouse: Irving Blvd.

      Large industrial warehouse, multiple spaces available.
      2432-2448 Irving Blvd, Dallas, TX 75207
      View Details
    • Contact for pricing
      25,000 SF

      Dallas Warehouse/Flex Space - 25,000 SF

      Versatile Dallas space, multiple uses, ample parking.
      175 Oak Lawn Ave, Dallas, TX 75207
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    155 Oak Lawn Ave
    Dallas, TX 75207-6938
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.