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Property profile & analytics
OFF-MARKET
Estimated value
$1,815,000
Office buildings
2964 Lyndon B Johnson Fwy Ste 400 Dallas, TX 75234-7694
Entity Owned
10-yr Hold
Free & Clear
Property ID
US83-3666123
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1979
Construction
FRAME
Total area
69,288 SF
Lot
4.17 ac (181,645 SF)
Zoning code
Z239
APN
606702000000
UPID
US83-3666123
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.82M
Owner & transaction history
Lbj Metroplex LP · 10 yrs held
Lbj Metroplex LP
since 2016
4 recorded transactions
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
$26 / 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
Tax billed
$106,527
Tax year 2023
Assessed value
$4,642,140
Assessed 2023
Previous assessed
$4,642,140
+0.0% YoY
Effective rate
2.29%
On assessed value
Assessed land
$3,018,870
Assessed improvement
$1,623,270
Land market value
$3,018,870
Improvement market value
$1,623,270
Total market value
$4,642,140
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1979
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
4
Total area
69,288 SF
Lot
4.17 ac (181,645 SF)
Zoning code
Z239
APN
606702000000
UPID
US83-3666123
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.
Building & site characteristics
From public records
Year built
1979
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
4
Lot
4.17 ac
Current owner
From public records · entity-resolved
Lbj Metroplex LP
Entity
Free & Clear · 10 yrs held
Mailing address
2964 LYNDON B JOHNSON FWY STE #400, DALLAS, TX 75234-7694
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 2, 2016
$4,500,000
Lbj Metroplex LP
Coleman Bruce R|kopon Intl Town Center LLC
Trustees Deed
—
Jan 7, 2014
—
Kopon Intl Town Center LLC
Lbj Metroplex LP
Grant Deed
$4,000,000 · Lbj Metroplex LP
Nov 15, 2012
—
Lbj Metroplex LP
Am Lbj Plaza LLC
Quit Claim Deed
related
$1,256,000 · Howard L Lawson
Apr 8, 2004
—
Cp Plaza
Ts Of Lbj Office Towers
Grant Deed
$3,615,000 · Legacy Bank
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.
Try Rey
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