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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3500 Oak Lawn Ave Dallas, TX 75219-4308

    • Parking lots & garages
    • 128,000 SF
    • 1.42 lot acres
    OFF-MARKET
    Value Estimations
    $845,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-0156754
    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

    • Dunckley Russell A PHD / Psychologist
    • 3D Physical Therapy / Physical Therapy Clinic / Rehabilitation Center
    • Triangle Payment Systems / Financial Consultant / Economic Consultant
    • Rebekka Ouer, LCSW / Social Worker / Family Counselor
    • Texas Vascular Institute - Dallas, TX / Vascular Surgeon / Surgical Center

    Property Details for 3500 Oak Lawn Ave

    Year built
    1981
    Construction
    FRAME
    Lot size
    1.42 lot acres
    Property size
    128,000 SF
    Zone code
    Z239
    Property type
    Parking lots & garages
    APN
    139177000000
    APU
    139177000000

    Description

    This exceptional 1,546 square foot executive office suite is ideally located at 3500 Oak Lawn Avenue in Dallas, Texas, zip code 75219, within Dallas County. The property offers a single-tenant occupancy, perfect for a business seeking a dedicated and private workspace. The entire space, totaling 1,546 square feet, is currently vacant and ready for immediate occupancy. The building features convenient covered garage parking, a significant advantage in this desirable location. The property's classification as an "Executive Office" suggests a high-quality build-out and finishes, suitable for professional businesses seeking a prestigious address. Its location on Oak Lawn Avenue provides excellent visibility and accessibility, with easy access to major transportation routes and a variety of amenities. This is a rare opportunity to secure a fully vacant, single-tenant office space in a prime Dallas location. The property is available for lease and presents a unique chance for a business to establish a strong presence in a thriving area. Interested parties are encouraged to inquire promptly to secure this exceptional opportunity. The property is situated at 32.8119394 latitude and -96.8050199 longitude.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $845,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $845,000
      Market price range: $461k - $1.35M

    • Alternative Use

      Use
      Estimation
      PARKING LOT
      $875,000
      Current use

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

    Location Insight

    • Map
    • Local Demand
    City
    Dallas
    County
    Dallas
    State
    Texas
    Longitude
    -96.8048
    Latitude
    32.8117
    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
    $499,115
    $5,270,000
    $16,480,000
    $21,750,000
    -
    $5,270,000
    $16,480,000
    $21,750,000

    Comparable in this City

    • Value Estimation
      $1,220,000
      150,283 SF

      2215 Oak Lawn Ave, Unit G

      PARKING GARAGE, PARKING STRUCTURE • 150,283 SF
      2215 Oak Lawn Ave, Dallas, TX 75219
      View Details
    • Value Estimation
      $945,000
      302,471 SF

      2401 Victory Park Ln, Unit 1

      PARKING GARAGE, PARKING STRUCTURE • 302,471 SF
      2401 Victory Park Ln, Dallas, TX 75219-7645
      View Details
    • Value Estimation
      $1,455,000
      254,880 SF

      3333 Lee Pkwy

      PARKING GARAGE, PARKING STRUCTURE • 254,880 SF
      3333 Lee Pkwy, Dallas, TX 75219-5111
      View Details
    • Value Estimation
      $1,165,000
      438,060 SF

      2503 Victory Ave

      PARKING GARAGE, PARKING STRUCTURE • 438,060 SF
      2503 Victory Ave, Dallas, TX 75219
      View Details
    • Value Estimation by Request
      5,328 SF

      4215 Herschel Ave

      PARKING GARAGE, PARKING STRUCTURE • 5,328 SF
      4215 Herschel Ave, Dallas, TX 75219-2306
      View Details
    • Value Estimation
      $2,265,000
      471,212 SF

      3102 Oak Lawn Ave

      PARKING GARAGE, PARKING STRUCTURE • 471,212 SF
      3102 Oak Lawn Ave, Dallas, TX 75219-6419
      View Details

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    Similar Nearby for Lease

    • $40 SF/Yr
      2,738 SF

      Dallas Oak Lawn Office Building

      2,738 SF Office/Retail, Fully Customizable
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      View Details
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      Dallas Retail Pad - Oak Lawn Ave

      High-traffic retail pad, 38,220 SF available.
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      View Details
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      Retail space available in a large shopping center.
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      Retail Space on Maple Avenue

      Retail space available on a hard corner at major intersection.
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    • $38 SF/Yr
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      Oak Lawn Retail Space Available

      Prime Dallas Retail: 2,170-2,650 SF
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      View Details
    • Contact for pricing
      400,000 SF

      Victory Park Retail Spaces

      Dallas, TX: Prime Retail Opportunity
      Dallas Victory Park Ln & Nowitzki Way, Dallas, TX 75219
      View Details
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    3500 Oak Lawn Ave
    Dallas, TX 75219-4308
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    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
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