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Property profile & analytics
FOR SALE
Medical Office Space
3501 N Macarthur Blvd Irving, TX 75062
Entity Owned
9-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-3342903
For Sale
1 / 2
$550,000
3501 N Macarthur Blvd, Irving, TX 75062
View Listing →
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1968
Construction
TILT-UP CONCRETE
Total area
1,414 SF
Lot
8.14 ac (354,622 SF)
Zoning code
Z198
APN
32C12910030031000
UPID
US82-3342903
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
-
Hospital Hospital
-
G P Health Clinic Medical Clinic
-
Las Colinas ObGyn Physician
-
MacArthur Pediatrics Medical Clinic
-
UT Southwestern Medical Group at Irving - Maternal-Fetal Medicine Medical Clinic
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
Prudential Drive Assocs LLC · 9 yrs held
Prudential Drive Assocs LLC
since 2016
5 recorded transactions
Zoning & alternative use
Z198 · Irving, 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 Irving submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Irving 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
$7,094
Tax year 2023
Assessed value
$328,050
Assessed 2023
Previous assessed
$328,050
+0.0% YoY
Effective rate
2.16%
On assessed value
Assessed land
$40,250
Assessed improvement
$287,800
Land market value
$40,250
Improvement market value
$287,800
Total market value
$328,050
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
For Sale
Year built
1968
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
1,414 SF
Lot
8.14 ac (354,622 SF)
Zoning code
Z198
APN
32C12910030031000
UPID
US82-3342903
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z198 · Irving, TX
Zoning Z198 · permitted uses
Z198 · Irving, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Irving. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1968
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
8.14 ac
Current owner
From public records · entity-resolved
Prudential Drive Assocs LLC
Entity
Free & Clear · 9 yrs held
Mailing address
1330 PRUDENTIAL DR STE #100, DALLAS, TX 75235-4123
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 6, 2016
—
Prudential Drive Assocs LLC
Miamor Properties LP
Grant Deed
related
—
Oct 25, 2005
—
Miamor Properties
Prg Healthstate Irving Mob
Grant Deed
$265,000 · Compass Bank
—
—
Miamor Properties LP
—
Deed Of Trust
related
$850,000 · Regions Bk
—
—
Miamor Properties LP
—
Deed Of Trust
related
$556,658 · Regions Bk
—
—
Miamor Properties LP
—
Deed Of Trust
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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