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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    6510 Abrams Rd Dallas, TX 75231

    • Office buildings
    • 74,304 SF
    • 2.76 lot acres
    For Lease
    View listing
    $32 SF/Yr
    Value Estimations
    $1,885,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-1559696
    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.

    Current Use by Public Records

    • Parsons Realty Team / Real Estate Agent
    • eCapital Finance / Loan Agency
    • Roberts Catherin A MD / Psychiatrist
    • Lakewood Insurance / Auto Insurance Agency / Home Insurance Agency
    • White Rock Tumble & Cheer / Gym / Gymnastics Center

    Property Details for 6510 Abrams Rd

    Year built
    1980
    Construction
    FRAME
    Lot size
    2.76 lot acres
    Property size
    74,304 SF
    Zone code
    Z59
    Property type
    Office buildings
    APN
    398557000000
    APU
    398557000000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $1,235,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $2,534,000
      Market price range: $879k - $4.42M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $2,625,000
      Current use
      WAREHOUSE, STORAGE
      $2,950,000
      Change: +12% Conversion: Difficult
      INDUSTRIAL (GENERAL)
      $2,945,000
      Change: +12% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Dallas
    County
    Dallas
    State
    Texas
    Longitude
    -96.7435
    Latitude
    32.8631
    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
    $183,582
    $1,802,280
    $6,197,720
    $8,000,000
    -
    $1,802,280
    $6,197,720
    $8,000,000

    Comparable in this City

    • Value Estimation
      $845,000
      23,394 SF

      8499 Greenville Ave

      OFFICE BUILDING • 23,394 SF
      8499 Greenville Ave, Dallas, TX 75231-2413
      View Details
    • Value Estimation
      $970,000
      53,000 SF

      5750 Pineland Dr

      OFFICE BUILDING • 53,000 SF
      5750 Pineland Dr, Dallas, TX 75231-5300
      View Details
    • Value Estimation
      $1,040,000
      42,108 SF

      7007 Twin Hls Ave

      OFFICE BUILDING • 42,108 SF
      7007 Twin Hls Ave, Dallas, TX 75231-7998
      View Details
    • Value Estimation by Request
      5,570 SF

      7430 Greenville Ave

      OFFICE BUILDING • 5,570 SF
      7430 Greenville Ave, Dallas, TX 75231-4504
      View Details
    • Value Estimation by Request
      2,500 SF

      5494 La Sierra Dr

      OFFICE BUILDING • 2,500 SF
      5494 La Sierra Dr, Dallas, TX 75231-4108
      View Details
    • Value Estimation
      $4,420,000
      124,000 SF

      8020 Park Ln

      OFFICE BUILDING • 124,000 SF
      8020 Park Ln, Dallas, TX 75231-6055
      View Details

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      Prime Dallas location, 6,940 SF, 12 parking spaces.
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      Calloway's Nursery Dallas Investment Opportunity

      New construction Calloway's Nursery on 1.73 acres in Dallas.
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      Updated Condo with Garage

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    Similar Nearby for Lease

    • $32 SF/Yr
      224 SF

      Dallas Office Space For Lease

      Move-in ready office suites with downtown and lake views.
      6510 Abrams Rd, Dallas, TX 75231
      View Details
    • Contact for pricing
      192,185 SF

      Meadow Central Executive Suites

      Dallas Office Space: 510-8,256 SF
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      View Details
    • $19 SF/Yr
      128,161 SF

      Greenville Ave Medical Office Space

      Dallas medical office building, 16 suites available.
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    • $35 SF/Yr
      12,860 SF

      North Dallas Office Space

      Strategically located office space in the heart of North Dallas.
      5421 La Sierra Dr, Dallas, TX 75231
      View Details
    • Contact for pricing
      9,793 SF

      Office Space on Park Lane

      Office space for rent with structured parking and light rail.
      8080 Park Ln, Dallas, TX 75231
      View Details
    • $24 SF/Yr
      1,443 SF

      Dallas Office Space Available

      Office space available for lease in Dallas, Texas.
      9840-9850 N Central Expy, Dallas, TX 75231
      View Details
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    6510 Abrams Rd
    Dallas, TX 75231
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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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