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Property profile & analytics
FOR LEASE
Parking lots & garages
15660 Dallas Pkwy Dallas, TX 75248
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US83-3666100
For Lease
$18.50 SF/Yr
15660 Dallas Pkwy, Dallas, TX 75248
View Listing →
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Year built
1985
Construction
FRAME
Total area
172,133 SF
Lot
2.64 ac (115,129 SF)
Zoning code
Z248
APN
0087070C000020000
UPID
US83-3666100
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
-
The Insurance Exchange Insurance Agency
-
Higginbotham - Dallas Insurance Agency
-
Aires Moving Company
-
dalcor companies Property Management Company
-
CORDA Investment Management, LLC Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.18M
Owner & transaction history
Tollway Tower Investors LLC · 5 yrs held
Tollway Tower Investors LLC
since 2020
4 recorded transactions
Zoning & alternative use
Z248 · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
PARKING LOT
$1,475,000
Current use
Blend value · Realmo final
$1.18M
Range $1.06M – $1.29M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$7 / 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
$539,159
Tax year 2023
Assessed value
$23,495,000
Assessed 2023
Previous assessed
$23,495,000
+0.0% YoY
Effective rate
2.29%
On assessed value
Assessed land
$2,072,560
Assessed improvement
$21,422,440
Land market value
$2,072,560
Improvement market value
$21,422,440
Total market value
$23,495,000
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
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Status
For Lease
Year built
1985
Construction
FRAME
Heating
NONE
Cooling
NONE
Buildings
2
Stories
4
Total area
172,133 SF
Lot
2.64 ac (115,129 SF)
Zoning code
Z248
APN
0087070C000020000
UPID
US83-3666100
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z248 · Dallas, TX
Zoning Z248 · permitted uses
Z248 · 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.
Alternative use value scenarios
Repositioning upside vs current use
PARKING LOT Current
Est. value
$1.5M
PARKING LOT Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1985
Construction
FRAME
Heating
NONE
Cooling
Yes
Stories
4
Buildings
2
Lot
2.64 ac
Current owner
From public records · entity-resolved
Tollway Tower Investors LLC
Entity
Mailing address
14567 N OUTER 40TH RD STE #350, CHESTERFIELD, MO 63017-5775
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 4, 2020
—
Tollway Tower Investors LLC
Cip 2014/cp Tollway Owner LLC
Quit Claim Deed
related
$30,500,000 · Lmf Com'l LLC
Jun 15, 2016
—
Cip 2014/cp Tollway Owner LLC
Granite One West Ltd
Trustees Deed
$25,800,000 · Private Individual
Mar 13, 2007
—
Granite One West Ltd
Beal Mortgage INC
Grant Deed
related
—
—
—
Cip 2014/cp Tollway Owner LLC
—
Deed Of Trust
related
$6,200,000 · Jp Morgan Chase 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.
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?”
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