Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    711 Elm St Dallas, TX 75202

    Property Lookup

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

    711 Elm St Dallas, TX 75202

    View on Map
    • Parking lots & garages
    • 47,200 SF
    • 0.23 lot acres
    For Sale
    View Listing →
    Downtown Dallas Parking Garage For Sale
    Contact for pricing
    7,200 SF

    Downtown Dallas Parking Garage

    Five-story, 137-space parking garage in Dallas CBD.

    711 ELM STREET, Dallas, TX 75202
    View Listing
    Property ID
    US82-3499329
    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

    • Noble Life Outreach / Social Service Agency / Charitable Organization
    • 711 Elm St Garage / Parking Lot & Garage
    • ATM 7ELEVEN, INC. / Bank / Loan Service
    • Lot 183 / Parking Lot & Garage

    Property Details for 711 Elm St

    Year built
    1990
    Construction
    CONCRETE
    Lot size
    0.23 lot acres
    Property size
    47,200 SF
    Zone code
    Z21
    Property type
    Parking lots & garages
    APN
    100225000000
    APU
    100225000000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Dallas
    County
    Dallas
    State
    Texas
    Longitude
    -96.8058
    Latitude
    32.7803
    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
    $124,976
    $0.00
    $0.00
    $3,564,500
    -
    $0.00
    $0.00
    $3,564,500

    Comparable in this City

    • Value Estimation
      $1,425,000
      209,100 SF

      2020 Lamar St

      PARKING GARAGE, PARKING STRUCTURE • 209,100 SF
      2020 Lamar St, Dallas, TX 75202-1717
      View Details
    • Value Estimation by Request
      27,600 SF

      512 Jackson St

      PARKING GARAGE, PARKING STRUCTURE • 27,600 SF
      512 Jackson St, Dallas, TX 75202-4503
      View Details
    • Value Estimation
      $975,000
      118,560 SF

      901 Young St

      PARKING GARAGE, PARKING STRUCTURE • 118,560 SF
      901 Young St, Dallas, TX 75202
      View Details
    • Value Estimation by Request
      18,654 SF

      1717 Mckinney Ave

      PARKING GARAGE, PARKING STRUCTURE • 18,654 SF
      1717 Mckinney Ave, Dallas, TX 75202-1237
      View Details
    • Value Estimation
      $735,000
      87,500 SF

      1300 Main St

      PARKING GARAGE, PARKING STRUCTURE • 87,500 SF
      1300 Main St, Dallas, TX 75202-4003
      View Details
    • Value Estimation
      $2,185,000
      546,000 SF

      1200 Ross Ave

      PARKING GARAGE, PARKING STRUCTURE • 546,000 SF
      1200 Ross Ave, Dallas, TX 75202-1924
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      7,200 SF

      Downtown Dallas Parking Garage

      Five-story, 137-space parking garage in Dallas CBD.
      711 Elm St, Dallas, TX 75202
      View Details
    • Contact for pricing
      7,227 SF

      Retail Space in Emerging Area

      Retail space available in a rapidly growing Dallas entertainment district.
      1406 S Akard St, Dallas, TX 75202
      View Details
    • Contact for pricing
      3,200 SF

      Retail Space in Emerging Area

      Retail space available in Dallas's rapidly growing Cedars neighborhood.
      1200-1210 S Akard St, Dallas, TX 75202
      View Details
    • Contact for pricing
      4,953 SF

      Retail Space in Emerging Area

      Retail space available in a rapidly growing Dallas urban area.
      1301 S Akard St, Dallas, TX 75202
      View Details
    • Contact for pricing
      6,939 SF

      Evolving Dallas Retail Space

      Retail space in a rapidly growing Dallas entertainment district.
      1201 S Akard St, Dallas, TX 75202
      View Details
    • Contact for pricing
      7,227 SF

      Retail Space in Emerging Area

      Located in a rapidly growing Dallas shopping and entertainment area.
      1408 S Akard St, Dallas, TX 75202
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      45,881 SF

      West End Location with Amenities

      Move-in ready suites with DART access, restaurant, and security.
      302-306 N Market St, Dallas, TX 75202
      View Details
    • Contact for pricing
      7,598 SF

      Dal-Tex Building Retail Opportunity

      Retail spaces available in historic Dal-Tex Building, Dallas.
      211 N Record St, Dallas, TX 75202
      View Details
    • Contact for pricing
      1,682 SF

      Revitalized Retail Space in Dallas

      Retail space in revitalized West End Historic District.
      800 Ross Ave, Dallas, TX 75202
      View Details
    • Contact for pricing
      18,750 SF

      Multiple Retail Spaces Available

      Various retail spaces for lease in Dallas, Texas.
      1302-1326 Elm St, Dallas, TX 75202
      View Details
    • Contact for pricing
      2,048 SF

      Retail Space in Emerging Area

      Retail space available in a rapidly growing Dallas entertainment district.
      1407 S Akard St, Dallas, TX 75202
      View Details
    • Contact for pricing
      18,000 SF

      Retail Space in Mixed-Use Development

      Retail spaces available in a newly delivered mixed-use development.
      700 Jackson St, Dallas, TX 75202
      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.
    711 Elm St
    Dallas, TX 75202
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!