Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    5910 North Central Expy Dallas, TX 75206
    Back to Search
    Property profile & analytics

    5910 North Central Expy, Dallas, TX 75206

    View on Map
    • Office buildings
    • 409,894 SF
    • 3.16 lot acres
    For Lease
    $30,325,000
    View Listing →
    Exceptional Workspace in Premier Place For Lease
    $30,325,000

    Exceptional Workspace in Premier Place

    Workspace with vibrant surroundings, superior services, and dynamic community.

    5910 North Central Expressway, Dallas, TX 75206
    View Listing
    Property ID
    US82-3488399
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Marquette Business Credit Inc / Loan Service
    • Grisham & Kendall, PLLC / Law Firm
    • Merrill Lynch Financial Advisor Brian Teal / Financial Advisor
    • Law Office of Nancy Kennedy / Law Firm
    • E F Properties Lc / Real Estate Agency

    Property Details for 5910 North Central Expy

    Year built
    1985
    Construction
    FRAME
    Lot size
    3.16 lot acres
    Zone code
    Z239
    Property type
    Office buildings
    APN
    518500010020000
    APU
    518500010020000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Oct 15, 2024 — 30 Beeves LLC Tammie Kleinmann Warranty Deed —
    Nov 26, 2019 — 5910 Ncx Owner LLC Cpus Premier Place LP Trustees Deed $122.4M · Mesa W R/e Income Fund IV LLC
    May 16, 2013 — Cpus Premier Place LP Premier Place Of Dallas LLC Quit Claim Deed · related —
    Jul 28, 2006 — Premier Place Of Dallas Premier Place Associates Quit Claim Deed · related —
    May 22, 2003 — Premier Place Associates LP New Premplace Corp Quit Claim Deed · related $32.4M · Connecticut General Life Ins
    — — Premier Place Of Dallas LLC — Deed Of Trust · related $35M · Northwestern Mutual Life Ins

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $50,220,000
      Current use
      AUTO REPAIR, GARAGE
      $47,805,000
      Change: -5% Conversion: Difficult
      RETAIL STORES
      $47,580,000
      Change: -5% Conversion: Moderate

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

    Location Insight

    • Map
    • Local Demand
    City
    Dallas
    County
    Dallas
    State
    Texas
    Longitude
    -96.7755
    Latitude
    32.8388
    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
    2024
    $2,283,307
    $6,878,800
    $92,621,200
    $99,500,000
    -
    $6,878,800
    $92,621,200
    $99,500,000

    Comparable in this City

    • Value Estimation
      $910,000
      6,526 SF

      5614 University Blvd

      OFFICE BUILDING
      5614 University Blvd, Dallas, TX 75206-4116
      View Details
    • Value Estimation
      $960,000
      7,486 SF

      5539 Smu Blvd

      OFFICE BUILDING
      5539 Smu Blvd, Dallas, TX 75206-5055
      View Details
    • Value Estimation
      $970,000
      10,760 SF

      5622 Dyer St

      OFFICE BUILDING
      5622 Dyer St, Dallas, TX 75206-5020
      View Details
    • Value Estimation
      $1,495,000
      25,088 SF

      6200 Central Expy

      OFFICE BUILDING
      6200 Central Expy, Dallas, TX 75206-5025
      View Details
    • Value Estimation
      $770,000
      10,355 SF

      2010 Skillman St

      OFFICE BUILDING
      2010 Skillman St, Dallas, TX 75206-7240
      View Details
    • Value Estimation by Request
      1,030 SF

      4625 Greenville Ave Ste, Unit 102

      OFFICE BUILDING
      4625 Greenville Ave Ste, Dallas, TX 75206-5034
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2,600 SF

      Office Space in Dallas, TX

      2,600 SF office space available for sale in Dallas.
      1718 N Henderson Ave, Dallas, TX 75206
      View Details
    • Contact for pricing
      2,376 SF

      Office Space in Dallas, TX

      Office space available for sale in Dallas, Texas.
      2336 N Henderson Ave, Dallas, TX 75206
      View Details
    • Contact for pricing
      35,111 SF

      Dallas Multifamily Investment Opportunity

      64-unit apartment community in Dallas' Knox-Henderson neighborhood.
      2315 Moser Ave, Dallas, TX 75206
      View Details
    • Contact for pricing
      3,840 SF

      Retail Space in Knox/Henderson District

      Retail space with high visibility in a vibrant area.
      3001 N Henderson Ave, Dallas, TX 75206
      View Details
    • Contact for pricing

      Prime Land Near DART Station

      0.93 acre commercial land near 8th & Corinth DART station.
      1822 Parkway Ave, Dallas, TX 75206
      View Details
    • Contact for pricing
      3,222 SF

      Bryan Street Retail Opportunity

      Retail property in walkable area with planned residential development.
      4908 Bryan St, Dallas, TX 75206
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      40,129 SF

      Class A Office at Station

      Class A office space with DART rail and Katy Trail access.
      5307 East Mockingbird Ln, Dallas, TX 75206
      View Details
    • Contact for pricing
      2,750 SF

      Historic Office Building with Character

      Historic office building near Greenville Ave with childcare services.
      1651 Matilda St, Dallas, TX 75206
      View Details
    • Contact for pricing

      Renovated East Dallas Office Space

      Modernized medical and professional office building in East Dallas.
      1717 N Garrett Ave, Dallas, TX 75206
      View Details
    • Contact for pricing
      423 SF

      Urban-Amenitized Campus in Energy Square

      Modernized campus with amenities, eateries, and fitness center.
      5646 Milton St, Dallas, TX 75206
      View Details
    • $3,001 /Mo
      139,305 SF

      Fully Furnished Private Office Space

      Move-in ready private offices with receptionist, utilities, janitorial, and shared conference room access.
      6060 N Central Expy, Dallas, TX 75206
      View Details
    • Contact for pricing
      1,073 SF

      Office Space on Central Expressway

      Office space for lease with prominent visibility and modern amenities.
      4300 N Central Expy, Dallas, TX 75206
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5910 North Central Expy
    Dallas, TX 75206
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    5910 North Central Expy, Dallas, TX, 75206
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!