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Property profile & analytics
FOR SALE
Medical Office Space
5421 La Sierra Dr Dallas, TX 75231
Entity Owned
7-yr Hold
Free & Clear
Property ID
US82-2527731
For Sale
Contact for pricing
5421 La Sierra Dr, Dallas, TX 75231
View Listing →
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1977
Construction
TILT-UP CONCRETE
Total area
12,860 SF
Lot
1.06 ac (45,999 SF)
Zoning code
Z96
APN
404933500000
UPID
US82-2527731
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
-
Eye Care & Surgery Center: Reffell Massala P OD Physician
-
Simpkins Lauren Physician
-
Vision Quest Medical Clinic Ophthalmologist
-
Abernethy Joan L MD Physician
-
Herman Wesley K MD Ophthalmologist
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
Scf Rc Funding IV LLC · 7 yrs held
Scf Rc Funding IV LLC
since 2018
7 recorded transactions
Zoning & alternative use
Z96 · 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
$50,256
Tax year 2023
Assessed value
$2,190,000
Assessed 2023
Previous assessed
$2,190,000
+0.0% YoY
Effective rate
2.29%
On assessed value
Assessed land
$1,380,450
Assessed improvement
$809,550
Land market value
$1,380,450
Improvement market value
$809,550
Total market value
$2,190,000
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
1977
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
12,860 SF
Lot
1.06 ac (45,999 SF)
Zoning code
Z96
APN
404933500000
UPID
US82-2527731
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z96 · Dallas, TXZoning Z96 · permitted uses
Z96 · 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
1977
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
1.06 ac
Current owner
From public records · entity-resolved
Scf Rc Funding IV LLC
Entity
Free & Clear · 7 yrs held
Mailing address
5421 LA SIERRA DR, DALLAS, TX 75231-4107
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 11, 2018
—
Scf Rc Funding IV LLC
Eyecare Real Properties LLC
Grant Deed
—
Mar 15, 2001
—
Eyecare Real Properties Lc
—
Deed Of Trust
related
$1,000,000 · Compass Bank
—
—
Eyecare Real Properties Lc
—
Deed Of Trust
related
$534,838 · Compass Bank
—
—
Eyecare Real Properties LLC
—
Deed Of Trust
related
$41,794 · Tax Ease Fndg
—
—
Eye Care Real Properties Ltd
—
Deed Of Trust
related
$2,700,000 · Bradford B Pazandak
—
—
Eyecare Real Properties LLC
—
Deed Of Trust
related
$4,500,000 · American Bk/commerce
—
—
Eyecare Real Properties Lc
—
Deed Of Trust
related
$1,080,000 · Merrill Lynch Business Finl Sv
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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