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

    2733 Oak Lawn Ave Dallas, TX 75219

    • Lifestyle centers
    • 48,695 SF
    For Lease
    View listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-1671027
    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

    • Anglican Mission / Association / Organization

    Property Details for 2733 Oak Lawn Ave

    Property size
    48,695 SF
    Property type
    Lifestyle centers
    Property subtype
    Power centers

    Description

    This exceptional 38,220 square foot retail pad presents a prime opportunity in the heart of Dallas, Texas. Located at 2733 Oak Lawn Avenue, this property offers unparalleled visibility and accessibility at the hard corner of Oak Lawn and Congress Avenues. The site is situated within the highly desirable Uptown and Turtle Creek neighborhoods, benefiting from a dense concentration of affluent residents and a robust daytime business population. This translates to significant pedestrian traffic and strong exposure for any retail development. The property's location provides easy access to first-class office spaces, upscale shopping, and premier entertainment venues, solidifying its position in a thriving commercial district. The entire building encompasses 48,695 square feet, currently consisting of a single suite. This presents a unique chance to develop a new retail space or secure a ground lease on this strategically positioned lot in Dallas County, zip code 75219. The property's high visibility and location within a dynamic and affluent area make it an ideal investment for businesses seeking a prominent presence in the Dallas market. The available space is perfect for build-to-suit opportunities, catering to a wide range of retail concepts.

    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
    -96.811381
    Latitude
    32.8070256

    Comparable in this City

    • Contact for pricing
      4,026 SF

      Retail Space in Timber Creek

      Retail space available in a large shopping center.
      6243 Retail Rd, Dallas, TX 75219
      View Details
    • Contact for pricing
      1,365 SF

      Retail Space in Oak Lawn

      1,365 SF retail space with grease trap and parking.
      2929 Oak Lawn Ave, Dallas, TX 75219
      View Details
    • Contact for pricing
      20,102 SF

      Retail Space in Victory Park

      Retail space available in the vibrant Victory Park neighborhood.
      2345 N Houston St, Dallas, TX 75219
      View Details
    • Contact for pricing
      25,581 SF

      Wycliff Shopping Center: Dallas Retail Space

      Prime Dallas retail space, 3,750 sq ft available.
      2525 Wycliff Ave, Dallas, TX 75219
      View Details
    • Contact for pricing
      3,550 SF

      Retail Space in Turtle Creek

      Retail space for lease in Turtle Creek/Oak Lawn area.
      2920-2924 Oak Lawn Ave, Dallas, TX 75219
      View Details
    • $35 SF/Yr
      3,176 SF

      Retail Space in High-Traffic Corridor

      Retail spaces available in a renovated, high-traffic Dallas location.
      3102-3201 Oak Lawn Ave, Dallas, TX 75219
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      4,926 SF

      Freestanding Building Near I-635

      Freestanding building, formerly a restaurant, with freeway visibility.
      10601 New Church Rd, Dallas, TX 75219
      View Details
    • $299,000

      Turtle Creek High-Rise Condo

      High-rise condo in Turtle Creek with premier building amenities.
      3225 Turtle Creek Blvd, Dallas, TX 75219
      View Details
    • $379,000
      712 SF

      Condo with Dallas Views

      One-bedroom condo with amenities near Katy Trail and Turtle Creek.
      3225 Turtle Creek Blvd, Dallas, TX 75219
      View Details
    • Contact for pricing

      Land For Sale Dallas

      Land available for sale at 4021 N Hall St, Dallas, TX.
      4021 N Hall St, Dallas, TX 75219
      View Details
    • $575,000

      North Oak Lawn Home

      Prime location near shopping, restaurants, and nightlife.
      4315 Holland Ave, Dallas, TX 75219
      View Details
    • $170,000
      774 SF

      Turtle Creek High-Rise Condo

      Modern 1-bedroom condo in prime Turtle Creek location.
      3883 Turtle Creek Blvd, Dallas, TX 75219
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      4,026 SF

      Retail Space in Timber Creek

      Retail space available in a large shopping center.
      6243 Retail Rd, Dallas, TX 75219
      View Details
    • Contact for pricing
      25,581 SF

      Wycliff Shopping Center: Dallas Retail Space

      Prime Dallas retail space, 3,750 sq ft available.
      2525 Wycliff Ave, Dallas, TX 75219
      View Details
    • Contact for pricing
      3,550 SF

      Retail Space in Turtle Creek

      Retail space for lease in Turtle Creek/Oak Lawn area.
      2920-2924 Oak Lawn Ave, Dallas, TX 75219
      View Details
    • $35 SF/Yr
      3,176 SF

      Retail Space in High-Traffic Corridor

      Retail spaces available in a renovated, high-traffic Dallas location.
      3102-3201 Oak Lawn Ave, Dallas, TX 75219
      View Details
    • Contact for pricing
      4,520 SF

      Retail Space in Victory Park

      Retail space available in the vibrant Victory Park neighborhood.
      2440 Victory Park Ln, Dallas, TX 75219
      View Details
    • Contact for pricing
      1,500 SF

      Retail/Medical Space on Maple Ave

      Retail or medical space in prime medical district location.
      4732 Maple Ave, Dallas, TX 75219
      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.
    2733 Oak Lawn Ave
    Dallas, TX 75219
    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.