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Property profile & analytics
OFF-MARKET
Estimated value
$2,875,000
Office buildings
600 Commerce St Dallas, TX 75202-4606
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US83-1549764
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2004
Construction
FRAME
Total area
184,464 SF
Lot
0.92 ac (40,000 SF)
Zoning code
Z21
APN
100171000000
UPID
US83-1549764
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
-
Honorable David Bridges State Government Office
-
Dallas County 254th District Court City Courthouse
-
255th Family District Court District Government Office
-
Court George Allen SR Building 600 Commerce, IV-D Court, 3RD FL,DALLAS, TX Corporate Office
-
44th Civil District Court District Government Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.88M
Owner & transaction history
Dtkt Investment LLC · 1 yrs held
Dtkt Investment LLC
since 2024
7 recorded transactions
Zoning & alternative use
Z21 · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$3,005,000
Current use
Blend value · Realmo final
$2.88M
Range $2.59M – $3.16M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$16 / 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 2024Property tax & assessments
Tax year 2024
Assessed value
$52,081,580
Assessed 2024
Previous assessed
$52,081,580
+0.0% YoY
Assessed land
$4,400,000
Assessed improvement
$47,681,580
Land market value
$4,400,000
Improvement market value
$47,681,580
Total market value
$52,081,580
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
2004
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
9
Total area
184,464 SF
Lot
0.92 ac (40,000 SF)
Zoning code
Z21
APN
100171000000
UPID
US83-1549764
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z21 · Dallas, TX
Zoning Z21 · permitted uses
Z21 · 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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$3.0M
OFFICE BUILDING Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2004
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
9
Buildings
2
Lot
0.92 ac
Current owner
From public records · entity-resolved
Dtkt Investment LLC
Entity
Free & Clear · 1 yrs held
Mailing address
3311 N BLACKBURN ST, DALLAS, TX 75204-1593
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 30, 2024
$241,000
Dtkt Investment LLC
Linda Pearce
Trustees Deed
related
—
Sep 24, 2024
$182,000
Daka Investments LLC
Debra Minor
Trustees Deed
related
—
Sep 3, 2024
—
Wrangler Holdings LLC
Arturo Vera Miranda
Trustees Deed
related
—
May 16, 2024
—
Daka Investments
Lre Texas LLC
Trustees Deed
related
—
Jan 26, 2024
$132,000
Dan Willems
Luis Alberto Rodriguez
Trustees Deed
related
—
Sep 1, 2023
—
County Of Dallas Texas
Greenleaf Ventures LLC
Special Warranty Deed
—
May 19, 2023
—
County Of Dallas
William F Kortemier II
Special Warranty Deed
—
Apr 7, 2023
—
County Of Dallas
Hudder LLC
Special Warranty Deed
—
Apr 5, 2022
$70,000
Dfw Renovation Reality LLC
Margaret M Cross
Trustees Deed
related
—
Feb 5, 2019
$40,631
Agn LLC
Williams Creede
Trustees Deed
related
—
Jan 8, 2014
$1,300,000
Bi20pcb LLC
Devoss,brian
Trustees Deed
related
—
Feb 23, 2010
$300,000
Pacific Union Fndg LP
Fowler Larry L
Trustees Deed
related
—
Mar 2, 2005
$1,836,000
Dan Shoevlin
Hicks Michael D
Trustees Deed
—
Jul 6, 2004
$70,000
Mark Stokes
Sutherland Mark W
Trustees Deed
—
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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