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Property profile & analytics
OFF-MARKET
Estimated value
$21,050,000
Hospitals
2350 Stemmons Fwy Dallas, TX 75207-2700
Entity Owned
Free & Clear
Property ID
US82-9657116
Property profile
Verified
Property type
Hospitals
Use group
HOSPITAL - PRIVATE
Year built
1981
Construction
FRAME
Total area
396,252 SF
Lot
16.08 ac (700,227 SF)
Zoning code
Z239
APN
006055000B01A0000
UPID
US82-9657116
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
-
Children's Health Endocrinology - Dallas Pediatrician Medical Clinic
-
Children's Health Pathology and Laboratory Services - Dallas Medical Clinic
-
Children's Health Eosinophilic Disorders EOE Program Pediatrician Medical Clinic
-
Children's Health Allergy and Immunology - Dallas Physician Medical Clinic
-
Children's Health Urology - Dallas Pediatrician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$21.05M
Owner & transaction history
CHILDRENS MEDICAL CENTER DA
CHILDRENS MEDICAL CENTER DA
Zoning & alternative use
Z239 · Dallas, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$28.8M
+7.0%
Neighborhood: shopping center
$28.0M
+4.2%
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
MEDICAL BUILDING
$26,880,000
Current use
INDUSTRIAL (GENERAL)
$28,760,000
Change: +7% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$28,010,000
Change: +4% · Conversion: Difficult
OFFICE BUILDING
$26,295,000
Change: -2% · Conversion: Easy
COMMERCIAL (GENERAL)
$25,295,000
Change: -6% · Conversion: Easy
Blend value · Realmo final
$21.05M
Range $18.95M – $23.16M · ±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
$53 / 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
Assessed value
$134,395,540
Assessed 2023
Previous assessed
$134,395,540
+0.0% YoY
Assessed land
$17,505,900
Assessed improvement
$116,889,640
Land market value
$17,505,900
Improvement market value
$116,889,640
Total market value
$134,395,540
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
Hospitals
Use group
HOSPITAL - PRIVATE
Status
Off-Market
Year built
1981
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Buildings
3
Stories
6
Total area
396,252 SF
Lot
16.08 ac (700,227 SF)
Zoning code
Z239
APN
006055000B01A0000
UPID
US82-9657116
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z239 · Dallas, TX
Zoning Z239 · permitted uses
Z239 · 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
MEDICAL BUILDING Current
Est. value
$26.9M
INDUSTRIAL (GENERAL)
Est. value
$28.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$28.0M
OFFICE BUILDING
Est. value
$26.3M
COMMERCIAL (GENERAL)
Est. value
$25.3M
MEDICAL BUILDING Current
INDUSTRIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
1981
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
6
Buildings
3
Lot
16.08 ac
Current owner
From public records · entity-resolved
CHILDRENS MEDICAL CENTER DA
Individual
Free & Clear · 0 yrs held
Mailing address
1935 MEDICAL DISTRICT DR, DALLAS, TX 75235-7701
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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.
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