Add Listing
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

    3000 Gaston Ave Dallas, TX 75226

    • Medical Office Space
    • 157,756 SF
    • 0.11 lot acres
    OFF-MARKET
    Value Estimations
    $16,175,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-3757263
    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

    • Oral and Maxillofacial Surgery / Dental Office
    • Likith Reddy MD, DDS / Dental Office
    • Texas A&M College of Dentistry Clinic and Education Building / Dental Office / Vocational School
    • Center for Facial Pain and Sleep Medicine / Dental Office
    • Bender Steven D DDS / Dental Office

    Property Details for 3000 Gaston Ave

    Year built
    2020
    Construction
    STEEL FRAME
    Lot size
    0.11 lot acres
    Property size
    157,756 SF
    Zone code
    Z151
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    111244000000
    APU
    111244000000

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $16,458,000
      Market price range: $3.95M - $16.5M

    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $10,700,000
      Current use
      COMMERCIAL (GENERAL)
      $23,935,000
      Change: +124% Conversion: Easy
      RESTAURANT
      $22,175,000
      Change: +107% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $18,400,000
      Change: +72% Conversion: Difficult
      RETAIL STORES
      $15,825,000
      Change: +48% Conversion: Difficult
      OFFICE BUILDING
      $12,595,000
      Change: +18% Conversion: Easy
      NEIGHBORHOOD: SHOPPING CENTER
      $12,010,000
      Change: +12% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Dallas
    County
    Dallas
    State
    Texas
    Longitude
    -96.7835
    Latitude
    32.788
    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
    $0.00
    $237,500
    $68,302,950
    $68,540,450
    -
    $237,500
    $68,302,950
    $68,540,450

    Comparable in this City

    • Value Estimation
      $2,190,000
      80,354 SF

      3812 Elm St

      MEDICAL BUILDING • 80,354 SF
      3812 Elm St, Dallas, TX 75226-1216
      View Details
    • Value Estimation
      $6,435,000
      209,380 SF

      621 Hall St

      MEDICAL BUILDING • 209,380 SF
      621 Hall St, Dallas, TX 75226-1339
      View Details
    • Value Estimation
      $4,460,000
      209,380 SF

      621 Hall St

      MEDICAL BUILDING • 209,380 SF
      621 Hall St, Dallas, TX 75226-1339
      View Details
    • Value Estimation
      $1,090,000
      48,689 SF

      334 Hall St

      HOMES (RETIRED, NURSING) • 48,689 SF
      334 Hall St, Dallas, TX 75226-1513
      View Details
    • Value Estimation
      $3,690,000
      52,600 SF

      1610 Malcolm X Blvd

      OFFICE BUILDING • 52,600 SF
      1610 Malcolm X Blvd, Dallas, TX 75226-2101
      View Details
    • Value Estimation
      $1,830,000
      32,382 SF

      333 1st Ave

      OFFICE BUILDING • 32,382 SF
      333 1st Ave, Dallas, TX 75226-1914
      View Details

    Similar Nearby for Sale

    • $1,275,000
      16,500 SF

      Dallas Office Building: Prime Redevelopment Opportunity

      16,500 SF Office/Retail Space in Dallas, TX
      4210 Eastside Ave, Dallas, TX 75226
      View Details
    • Contact for pricing

      Office Building For Sale

      Office building available for purchase in Dallas, Texas.
      3710 Commerce St, Dallas, TX 75226
      View Details
    • Contact for pricing
      15,869 SF

      Deep Ellum Mixed-Use Property

      15,869 SF, 3-unit building, prime location.
      2616 Commerce St, Dallas, TX 75226
      View Details
    • Contact for pricing
      13,010 SF

      Dallas Office Space For Sale

      Office space available for purchase in Dallas, Texas.
      3023 Commerce St, Dallas, TX 75226
      View Details
    • Contact for pricing
      5,755 SF

      Deep Ellum Versatile Building For Sale

      Former gym building in Deep Ellum, suitable for various uses.
      2909 Canton St, Dallas, TX 75226
      View Details
    • $10,500,000
      1.24 Acres

      Prime Urban Infill Redevelopment Site

      1.24-acre site with redevelopment potential near downtown Dallas.
      1912 S Good Latimer Expy, Dallas, TX 75226
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,982 SF

      Office Space Near Baylor Hospital

      First floor office space available near Baylor Hospital.
      4312 Elm St, Dallas, TX 75226
      View Details
    • Contact for pricing

      Spaces Deep Ellum

      Discover many ways to work your way in AZ, Tempe - Hayden Ferry Lake
      2550 Pacific Ave, Dallas, TX 75226
      View Details
    • Contact for pricing
      29,800 SF

      Proposed Office Development in Dallas

      Proposed 13-story office building with large floorplates in Deep Ellum.
      301 N Crowdus St, Dallas, TX 75226
      View Details
    • Contact for pricing
      5,008 SF

      Prime Space in Deep Ellum

      5,008 SF space suitable for office, retail, restaurant, or bar.
      209 Henry St, Dallas, TX 75226
      View Details
    • Contact for pricing
      4,345 SF

      Creative Office Space in Dallas

      Located in Deep Ellum, walkable to restaurants and retail.
      2924 Main St, Dallas, TX 75226
      View Details
    • Contact for pricing
      24,000 SF

      Office Building in Dallas, TX

      Office building offering 12,000 to 24,000 square feet for rent.
      2900 Canton St, Dallas, TX 75226
      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.
    3000 Gaston Ave
    Dallas, TX 75226
    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.
    Sign Up Successful!
    You now have access to more from Realmo!