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    5728 Lyndon B Johnson Fwy Dallas, TX 75240-6323
    Property profile & analytics

    5728 Lyndon B Johnson Fwy, Dallas, TX 75240-6323

    View on Map
    • Office buildings
    • 81,900 SF
    • 3.05 lot acres
    Off-Market
    Last Sale Dec 8, 2025
    Property ID
    US83-2818532
    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.
    Value Estimations
    $1,430,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • MBL Title / Title Company
    • Bellaire Multifamily Management / Property Management Company
    • Spartan Renovations / Construction Company
    • GREA - Dallas / Real Estate Agency
    • Fortis Medical Billing / Medical Billing Service

    Property Details for 5728 Lyndon B Johnson Fwy

    Year built
    1979
    Construction
    FRAME
    Lot size
    3.05 lot acres
    Zone code
    Z96
    Property type
    Office buildings
    APN
    731006000000
    APU
    731006000000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 8, 2025 — Brazos Meadows LLC Garland Meadows Ltd Special Warranty Deed —
    Feb 9, 2023 — Mb Midtown LLC — Deed · related $19.3M · Kirkpatrick Bank
    Jan 29, 2019 — Fort Cre 2016-1 Lbj Hldgs LLC Fort Cre 2016-1 LLC Quit Claim Deed · related —
    Sep 4, 2018 $9,000,000 Fort Cre 2016-1 LLC Hinson Dominique N|medplaza Partners LP Trustees Deed —
    Mar 10, 2015 — Medplaz Partners LP Moc 5728 LLC Grant Deed $15.9M · Fortress Cr
    May 17, 2013 — Moc 5728 LLC Midtown Office Center LLC Warranty Deed · related —
    Sep 19, 2012 — Midtown Office Towers LLC Investors Warranty Of America INC Grant Deed $4M · Libitzky Hldgs LP
    Mar 30, 2009 — Investors Warranty Of America INC Transamerica Life Insurance Warranty Deed —
    Nov 18, 2008 — Transamerica Life Insurance Co Equastone Lbj Properties LLC Grant Deed —
    May 18, 2007 — Equastone Lbj Properties LLC Merit 99 Office Portfolio Grant Deed $16.8M · Transamerica Life Insurance Co

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $1,055,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,806,000
      Market price range: $891k - $4.59M

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

    Location Insight

    • Map
    • Local Demand
    City
    Dallas
    County
    Dallas
    State
    Texas
    Longitude
    -96.8086
    Latitude
    32.9246
    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
    $84,654
    $1,991,550
    $1,697,450
    $3,689,000
    -
    $1,991,550
    $1,697,450
    $3,689,000

    Comparable in this City

    • Value Estimation
      $2,510,000
      85,620 SF

      13800 Montfort Dr

      OFFICE BUILDING
      13800 Montfort Dr, Dallas, TX 75240-4348
      View Details
    • Value Estimation
      $1,860,000
      108,740 SF

      5710 Lyndon B Johnson Fwy

      OFFICE BUILDING
      5710 Lyndon B Johnson Fwy, Dallas, TX 75240-6324
      View Details
    • Value Estimation by Request
      2,706 SF

      6320 Lyndon B Johnson Fwy, Unit 1

      OFFICE BUILDING
      6320 Lyndon B Johnson Fwy, Dallas, TX 75240-6472
      View Details
    • Value Estimation
      $11,510,000
      394,853 SF

      13737 Noel Rd

      OFFICE BUILDING
      13737 Noel Rd, Dallas, TX 75240-1331
      View Details
    • Value Estimation
      $14,220,000
      493,925 SF

      13355 Noel Rd

      OFFICE BUILDING
      13355 Noel Rd, Dallas, TX 75240-6602
      View Details
    • Value Estimation
      $3,710,000
      140,609 SF

      13601 Preston Rd

      OFFICE BUILDING
      13601 Preston Rd, Dallas, TX 75240-4911
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      9,677 SF

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      Office building with 9,677 square feet available for sale/lease.
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    • Contact for pricing
      1 SF

      Prime Land Near Dallas Galleria

      1.23 AC land with access to major thoroughfares.
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    • $555,000
      0.26 Acres

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      Hard Corner Pad Site Available

      Land for ground lease with high visibility and easy access.
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      Prime Land Near Galleria Mall

      1.12 acres suitable for office development near Galleria Mall.
      13621 Montfort Dr, Dallas, TX 75240
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      9,677 SF

      Freestanding Office Building in Dallas

      9,677 SF single-tenant office building in North Dallas for lease.
      13647 Montfort Dr, Dallas, TX 75240
      View Details
    • Contact for pricing

      Class A Office Space Dallas

      Professional office environment in North Dallas near Galleria Dallas.
      13601 Preston Rd, Dallas, TX 75240
      View Details
    • $1,050 /Mo
      519,675 SF

      Dallas Galleria Office Tower Space

      Office space available in Dallas Galleria connected to mall.
      13155 Noel Rd, Dallas, TX 75240
      View Details
    • Contact for pricing
      62,573 SF

      Class A Office Space Available

      Class A office space for rent in Dallas, Texas.
      13355 Noel Rd, Dallas, TX 75240
      View Details
    • Contact for pricing
      28,990 SF

      Office Space in Dallas Midtown

      Office and retail spaces available in Dallas Midtown.
      & Montfor James Temple Dr, Dallas, TX 75240
      View Details
    • Contact for pricing
      18,876 SF

      Dallas Office Space For Rent

      13-story office building with on-site amenities and highway access.
      13727 Noel Rd, Dallas, TX 75240
      View Details
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    Dallas, TX 75240-6323
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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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