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

    1911 Walnut Plz Carrollton, TX 75006-5809

    • Medical offices
    • 4,056 SF
    • 0.39 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US83-3437357
    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

    • Medical offices

    Property Details for 1911 Walnut Plz

    Year built
    1969
    Construction
    TILT-UP CONCRETE
    Lot size
    0.39 lot acres
    Property size
    4,056 SF
    Zone code
    Z210
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    14060500020020000
    APU
    14060500020020000

    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
    Carrollton
    County
    Dallas
    State
    Texas
    Longitude
    -96.8892
    Latitude
    32.9563
    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
    $9,931
    $85,980
    $390,860
    $476,840
    -
    $85,980
    $390,860
    $476,840

    Comparable in this City

    • Value Estimation
      $805,000
      16,000 SF

      1735 Keller Spgs Rd

      MEDICAL BUILDING • 16,000 SF
      1735 Keller Spgs Rd, Carrollton, TX 75006-2962
      View Details
    • Value Estimation by Request
      5,570 SF

      2761 Trinity Mls Rd

      MEDICAL BUILDING • 5,570 SF
      2761 Trinity Mls Rd, Carrollton, TX 75006-3506
      View Details
    • Value Estimation by Request
      1,600 SF

      1903 Josey Ln

      MEDICAL BUILDING • 1,600 SF
      1903 Josey Ln, Carrollton, TX 75006-4218
      View Details
    • Value Estimation by Request
      3,960 SF

      2324 Old Denton Rd

      MEDICAL BUILDING • 3,960 SF
      2324 Old Denton Rd, Carrollton, TX 75006-1439
      View Details
    • Value Estimation by Request
      6,854 SF

      1932 Walnut Plz

      MEDICAL BUILDING • 6,854 SF
      1932 Walnut Plz, Carrollton, TX 75006-5810
      View Details
    • Value Estimation by Request
      6,096 SF

      1205 Josey Ln

      MEDICAL BUILDING • 6,096 SF
      1205 Josey Ln, Carrollton, TX 75006-6145
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1.72 Acres

      Prime Carrollton Commercial Land

      74,836 SF, I-35E Frontage, High Traffic
      2620 Interstate 35E, Carrollton, TX 75006
      View Details
    • $850,000
      4.18 Acres

      Carrollton Office Condos For Sale

      Office condos in Keller Springs Office Park, suitable for medical/spa.
      2840 Keller Springs Rd, Carrollton, TX 75006
      View Details
    • $974,999
      3,248 SF

      Versatile Carrollton Live-Work Commercial Property

      Mixed-use property with office, residential, and light industrial capabilities.
      1515 E Belt Line Rd, Carrollton, TX 75006
      View Details
    • Contact for pricing
      1,200 SF

      Single Story Office Property

      1,200 SF office building with parking areas for sale.
      2013 N Broadway St, Carrollton, TX 75006
      View Details
    • $1,500,000
      9,288 SF

      Carrollton Childcare Center Investment

      9,288 SF Daycare, High Potential
      2210 Kelly Blvd, Carrollton, TX 75006
      View Details
    • $498,000
      2.64 Acres

      Prime Carrollton I-35E Lot

      Build Your Business Here! 2.64 Acres.
      900 Crosby Rd, Carrollton, TX 75006
      View Details

    Similar Nearby for Lease

    • $24 SF/Yr
      33,980 SF

      Addison Square Office Space

      Carrollton, TX Office Building - 33,980 SF
      2741 Belt Line Rd, Carrollton, TX 75006
      View Details
    • Contact for pricing
      77,337 SF

      Avion Business Center: Carrollton Office/Warehouse

      Prime Carrollton Office & Warehouse Space Available
      2155 Chenault Dr, Carrollton, TX 75006
      View Details
    • Contact for pricing
      2,334 SF

      Freestanding Building in Historic Carrollton

      Freestanding building for lease in historic downtown Carrollton, Texas.
      1001 W Main St, Carrollton, TX 75006
      View Details
    • Contact for pricing
      258,631 SF

      Carrollton Warehouse with Office Space

      38,000 SF available in January 2026 with office space.
      1701 Vantage Dr, Carrollton, TX 75006
      View Details
    • New
      $2,200 /Mo
      182,168 SF

      Carrollton Office Space For Rent

      1,170 sq ft office space in prime Carrollton location.
      2840 Keller Springs Rd, Carrollton, TX 75006
      View Details
    • Contact for pricing
      35,907 SF

      Prime Carrollton Flex Space

      Move-in ready office/warehouse space in Dallas County.
      1548 Valwood Pkwy, Carrollton, TX 75006
      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.
    1911 Walnut Plz
    Carrollton, TX 75006-5809
    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.