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Property profile & analytics
FOR LEASE
Medical Office Space
5477 Glen Lakes Dr Dallas, TX 75231
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US82-0632044
For Lease
1 / 2
Contact for pricing
5477 Glen Lakes Dr, Dallas, TX 75231
View Listing →
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1980
Construction
FRAME
Total area
14,758 SF
Lot
1.27 ac (55,278 SF)
Zoning code
Z200
APN
00C25050000010000
UPID
US82-0632044
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
by Request
Owner & transaction history
Q 5477 Glen Lakes LLC · 6 yrs held
Q 5477 Glen Lakes LLC
since 2020
7 recorded transactions
Zoning & alternative use
Z200 · 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
$53,927
Tax year 2023
Assessed value
$2,350,000
Assessed 2023
Previous assessed
$2,350,000
+0.0% YoY
Effective rate
2.29%
On assessed value
Assessed land
$697,940
Assessed improvement
$1,652,060
Land market value
$697,940
Improvement market value
$1,652,060
Total market value
$2,350,000
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 Lease
Year built
1980
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
14,758 SF
Lot
1.27 ac (55,278 SF)
Zoning code
Z200
APN
00C25050000010000
UPID
US82-0632044
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z200 · Dallas, TX
Zoning Z200 · permitted uses
Z200 · 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
1980
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
1.27 ac
Current owner
From public records · entity-resolved
Q 5477 Glen Lakes LLC
Entity
Mailing address
4925 GREENVILLE AVE STE #200, DALLAS, TX 75206-0500
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 3, 2020
—
Q 5477 Glen Lakes LLC
First 5477 Ltd
Grant Deed
$1,790,572 · Liberty Cap Bk
Jul 19, 2005
—
First 5477 Ltd
Kp Glen Lakes Ltd
Grant Deed
related
$2,265,000 · Stillwater Nat'l Bank & Trust
—
—
First 5477 Ltd
—
Deed Of Trust
related
$250,000 · Bank Snb NA
—
—
First 5477 Ltd
—
Loan Modification
related
—
—
—
First 5477 Ltd
—
Loan Modification
related
—
—
—
First 5477 Ltd
—
Loan Modification
related
—
—
—
First 5477 Ltd
—
Deed Of Trust
related
$1,850,742 · Bank Snb NA
—
—
Kp Glen Lakes Ltd
—
Deed Of Trust
related
$1,900,000 · Texas Bank
—
—
First 5477 Ltd
—
Deed Of Trust
related
$276,000 · Stillwater Nat'l Bank & Trust
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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