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Property profile & analytics
OFF-MARKET
Medical Office Space
2818 Ft Worth Ave Dallas, TX 75211-2401
Entity Owned
12-yr Hold
Free & Clear
Property ID
US82-3505909
Property summary
AI-generated overview
This 2,122 square foot, single-tenant medical office building is located at 2818 Fort Worth Ave, Dallas, TX 75211. The property features a fenced and gated lot, providing enhanced security and privacy. Its prime location just south of I-30 offers easy access to downtown Dallas and benefits from high visibility on Fort Worth Avenue, a thoroughfare with over 20,000 vehicles daily. Prominent pylon signage is available. Ample parking is provided for patients and staff. The building is situated near major national retailers including 24 Hour Fitness, Walgreens, Aldi, and McDonald's, within a vibrant community boasting a strong population base and significant daytime traffic. This second-generation medical building presents a unique opportunity for healthcare professionals seeking a convenient and accessible location in a high-traffic area of Dallas. The entire 2,122 square feet is currently vacant.
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1970
Construction
TILT-UP CONCRETE
Total area
2,122 SF
Lot
0.35 ac (15,429 SF)
Zoning code
Z239
APN
503131000000
UPID
US82-3505909
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
-
Clinic Medical Clinic
-
Back & Injury Clinic Alternative Medicine Practice
-
Asghar Baharanchi Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Pelbong LLC-gansu Series · 12 yrs held
Pelbong LLC-gansu Series
since 2013
1 recorded transaction
Zoning & alternative use
Z239 · Dallas, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
Tax billed
$6,677
Tax year 2023
Assessed value
$290,960
Assessed 2023
Previous assessed
$290,960
+0.0% YoY
Effective rate
2.29%
On assessed value
Assessed land
$231,440
Assessed improvement
$59,520
Land market value
$231,440
Improvement market value
$59,520
Total market value
$290,960
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1970
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
2,122 SF
Lot
0.35 ac (15,429 SF)
Zoning code
Z239
APN
503131000000
UPID
US82-3505909
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
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1970
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.35 ac
Current owner
From public records · entity-resolved
Pelbong LLC-gansu Series
Entity
Free & Clear · 12 yrs held
Mailing address
PO BOX 224944, DALLAS, TX 75222-4944
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 17, 2013
—
Pelbong LLC-gansu Series
Baharanchi,asghar
Grant Deed
related
—
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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