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Property profile & analytics
OFF-MARKET
Estimated value
$2,795,000
Office buildings
5720 Lyndon B Johnson Fwy Dallas, TX 75240-6328
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US83-3504936
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1981
Construction
STEEL FRAME
Total area
144,150 SF
Lot
4.53 ac (197,283 SF)
Zoning code
Z96
APN
740600000000000
UPID
US83-3504936
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
-
Wingware Corporation (Bike/Boat/Book/etc) Store Corporate Office
-
March of Dimes Dallas-Fort Worth Charitable Organization Social Service Agency
-
Lobel Chiropractic & Nutrition Medical Clinic
-
Reliance Claims Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.80M
Owner & transaction history
Olymbec Sunbelt LLC · 4 yrs held
Olymbec Sunbelt LLC
since 2022
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
$19 / SF
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
$213,415
Tax year 2023
Assessed value
$9,300,000
Assessed 2023
Previous assessed
$9,300,000
+0.0% YoY
Effective rate
2.29%
On assessed value
Assessed land
$2,367,380
Assessed improvement
$6,932,620
Land market value
$2,367,380
Improvement market value
$6,932,620
Total market value
$9,300,000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1981
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
6
Total area
144,150 SF
Lot
4.53 ac (197,283 SF)
Zoning code
Z96
APN
740600000000000
UPID
US83-3504936
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z96 · Dallas, TX
Zoning Z96 · permitted uses
Z96 · 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
1981
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
Yes
Stories
6
Lot
4.53 ac
Current owner
From public records · entity-resolved
Olymbec Sunbelt LLC
Entity
Mailing address
1004 E BRKS RD, MEMPHIS, TN 38116-1708
Ownership since
2022
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
Apr 29, 2022
—
Olymbec Sunbelt LLC
Olymbec Arkansas LP
Special Warranty Deed
$43,000,000 · Citi Real Estate Funding INC
Nov 27, 2018
—
Olymbec Arkansas LP
—
Deed
related
$6,125,000 · Pnc Bk
May 30, 2017
—
Olymbec Arkansas LP
Moc 5720 LLC
Special Warranty Deed
$8,665,000 · Pnc Bank NA
May 17, 2013
—
Moc 5720 LLC
Midtown Office Center LLC
Warranty Deed
related
—
Sep 19, 2012
—
Midtown Office Towers LLC
Investors Warranty Of America INC
Grant Deed
$4,000,000 · Libitzky Hldgs LP
Mar 30, 2009
—
Investors Warranty Of America INC
Transamerica Life Insurance
Warranty Deed
related
—
Nov 18, 2008
—
Transamerica Life Insurance Co
Equastone Lbj Properties LLC
Grant Deed
related
—
May 18, 2007
—
Equastone Lbj Properties LLC
Merit 99 Office Portfolio
Grant Deed
$16,751,228 · Transamerica Life Insurance Co
—
—
Olymbec Arkansas LP
—
Loan Modification
related
$6,125,000 · Pnc Bk
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.
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