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1825 Market Center Blvd, Dallas, TX 75207
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Property summary
AI-generated overview
1825 Market Center Boulevard in Dallas, Texas, offers a unique opportunity to lease executive office space within Dallas's evolving creative center. This 113,021 square foot building, constructed in 1983 and renovated in 2014, provides multiple tenancy options ranging from 970 to 10,349 contiguous square feet, with 63,823 square feet currently vacant. The property boasts a convenient 3.00 parking spaces per 1,000 square feet ratio. Its prime location in the Dallas Design District places it near the intersection of Market Center Boulevard, Irving/Riverfront Boulevard, and Oak Lawn Avenue, offering easy access to the American Airlines Center and the Uptown/Turtle Creek and Dallas CBD business centers. Strong ownership and on-site management and engineering professionals ensure efficient building operations. The building's professional and executive office subtypes cater to a variety of business needs, making it an ideal location for companies seeking a modern and well-maintained workspace in a vibrant and convenient area of Dallas, Texas, zip code 75207. This Dallas County property presents a compelling opportunity for businesses seeking a prestigious address and excellent accessibility.
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Year built
1983
Construction
FRAME
Total area
132,248 SF
Lot
3.49 ac (152,024 SF)
Zoning code
Z239
APN
788900270030000
UPID
US82-3745621
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Construction Company General Contractor
-
Business Management Consultant
-
General Contractor Construction Company
-
(Bike/Boat/Book/etc) Store Corporate Office
-
Atm
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.45M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$653k
Blend (final)
Blend
$1.05M
Owner & transaction history
since 2025
4 recorded transactions
Zoning & alternative use
Z239 · Dallas, TX
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$1.05M
Value range
$945k – $1.16M
±10% around blend
Estimated value / SF
$8 / SF
Confidence
Property data
100
Comparable evidence
60
Income certainty
100
$945k
blend $1.05M
$1.16M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
132,248 SF
Lot area
3.49 ac
Year built
1983
Stories
4
APN
788900270030000
Zoning
Z239
Assessed value
$9,200,000
Annual tax
$211,120
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$211,120
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$653k
Range $413k – $2.48M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.05M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
NOI build-up · 9 steps
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.75M
Move the market yield to see immediate price impact.
Value / SF
$13
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$110k
$2.20M
$1.57M
$1.22M
$122k
$2.45M
$1.75M
$1.36M
$135k
$2.69M
$1.92M
$1.49M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$211,120
Tax year 2024
Assessed value
$9,200,000
Assessed 2024
Previous assessed
$9,200,000
+0.0% YoY
Effective rate
2.29%
On assessed value
Assessed land
$5,320,840
Assessed improvement
$3,879,160
Land market value
$5,320,840
Improvement market value
$3,879,160
Total market value
$9,200,000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
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
1983
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Buildings
4
Stories
4
Total area
132,248 SF
Lot
3.49 ac (152,024 SF)
Zoning code
Z239
APN
788900270030000
UPID
US82-3745621
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z239 · Dallas, TXZoning Z239 · permitted uses
Z239 · Dallas, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1983
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
4
Buildings
4
Lot
3.49 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
Z239
Jurisdiction
Dallas, TX
Recorded code
Z239
Ownership Intelligence
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Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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