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

    1700 Pacific Ave Dallas, TX 75201

    • Office buildings
    • 1,641,850 SF
    For Lease
    View listing
    $19 SF/Yr
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-2178634
    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

    • Adkerson & Hauder / Legal Services / Insurance Attorney
    • RegitzMauck PLLC / Law Firm
    • Hemingway & Hansen LLP / Attorney
    • Active Health Services Pc / Wellness Center / Chiropractor
    • Crawford, Wishnew & Lang PLLC / Law Firm

    Property Details for 1700 Pacific Ave

    Year built
    1983
    Construction
    STEEL FRAME
    Property size
    1,641,850 SF
    Zone code
    Z239
    Property type
    Office buildings
    APN
    110712009900
    APU
    110712009900

    Description

    1700 Pacific Avenue in Dallas, Texas offers exceptional retail space within a Class A, 49-story building totaling 1,340,481 square feet. This iconic property, built in 1983 and renovated in 2011, sits on a 1.64-acre lot in the heart of the Dallas Central Business District (zip code 75201). Nine spaces are currently available, ranging from a minimum of 542 square feet to a maximum contiguous space of 3,180 square feet. The building boasts a convenient location connected to the city's climate-controlled pedestrian tunnel system, providing easy access to numerous other retail and dining options year-round. Tenants and visitors enjoy an unparalleled amenity package, including an impressive selection of on-site restaurants such as Starbucks, Salata, Subway, Sushiyaa, Cedars Mediterranean, and Benny's Bagels. This is a unique opportunity to establish a presence in a high-traffic, high-visibility location within one of Dallas's most prestigious addresses. The property is situated in Dallas County and offers multiple tenancy options.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Dallas
    County
    Dallas
    State
    Texas
    Longitude
    -96.7965
    Latitude
    32.7824
    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
    $1,283,053
    $100
    $55,911,700
    $55,911,800
    -
    $100
    $55,911,700
    $55,911,800

    Comparable in this City

    • Value Estimation by Request
      18,000 SF

      1515 Main St

      OFFICE BUILDING • 18,000 SF
      1515 Main St, Dallas, TX 75201-4841
      View Details
    • Value Estimation
      $2,115,000
      259,525 SF

      1807 Ross Ave

      OFFICE BUILDING • 259,525 SF
      1807 Ross Ave, Dallas, TX 75201-8002
      View Details
    • Value Estimation
      $12,735,000
      470,000 SF

      2323 Ross Ave

      OFFICE BUILDING • 470,000 SF
      2323 Ross Ave, Dallas, TX 75201-2720
      View Details
    • Value Estimation
      $1,335,000
      140,083 SF

      1608 Patterson St

      OFFICE BUILDING • 140,083 SF
      1608 Patterson St, Dallas, TX 75201
      View Details
    • Value Estimation
      $3,770,000
      119,042 SF

      2525 Mckinnon St Ste, Unit 420

      OFFICE BUILDING • 119,042 SF
      2525 Mckinnon St Ste, Dallas, TX 75201-1543
      View Details
    • Value Estimation
      $505,000
      10,860 SF

      2018 Cadiz St

      OFFICE BUILDING • 10,860 SF
      2018 Cadiz St, Dallas, TX 75201-5702
      View Details

    Similar Nearby for Sale

    • $1,900,000
      2,910 SF

      Historic Victorian in Uptown Dallas

      Victorian home in historic State Thomas neighborhood, zoned for commercial/residential.
      2315 Routh St, Dallas, TX 75201
      View Details
    • $36,000,000
      1.28 Acres

      Uptown Dallas Development Opportunity

      Rare Uptown Dallas land totaling over 55,000 SF for development.
      2523 Mckinney Ave, Dallas, TX 75201
      View Details
    • Contact for pricing
      9,476 SF

      9,476 SF Retail Building

      Three-level building with updated loft area and rooftop patio.
      412 S Harwood St, Dallas, TX 75201
      View Details
    • Contact for pricing

      Land Near Dallas Farmers Market

      Commercial land near Downtown Dallas and Dallas Farmers Market.
      2010 S Cesar Chavez Blvd, Dallas, TX 75201
      View Details
    • Contact for pricing

      Dallas Commercial Land Opportunity

      11,900 SF Commercial Lot, PD 9 Zoning
      2526 Fairmount St, Dallas, TX 75201
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      10,452 SF

      Uptown Dallas Office Building

      10,452 sqft office building in the heart of Uptown.
      2707 Routh St, Dallas, TX 75201
      View Details
    • Contact for pricing
      7,605 SF

      Office Building with Expansion Potential

      7,605 SF office building on 0.90 acres for lease.
      2017 S Ervay St, Dallas, TX 75201
      View Details
    • $29 SF/Yr
      22,285 SF

      Class AA Office Tower For Rent

      25-story Class AA office tower with unobstructed views and amenities.
      1900 N Pearl St, Dallas, TX 75201
      View Details
    • $26 SF/Yr
      16,870 SF

      Prime Uptown Dallas Office Space

      Ideally located office building in the heart of Uptown Dallas.
      3102 Maple Ave, Dallas, TX 75201
      View Details
    • $10 SF/Yr
      10,106 SF

      Grand Prairie Office Building For Lease

      Former Texas Workforce Commission office building in downtown Grand Prairie.
      2102 W Main St, Dallas, TX 75201
      View Details
    • $72 SF/Yr
      12,374 SF

      23Springs: Premier Office and Retail

      26-story office tower with upscale amenities and restaurant space.
      2323 Cedar Springs Rd, Dallas, TX 75201
      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.
    1700 Pacific Ave
    Dallas, TX 75201
    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.