Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    7700 Northaven Rd Dallas, TX 75230-3224

    • Office buildings
    • 6,720 SF
    • 5.38 lot acres
    OFF-MARKET
    Value Estimations
    $510,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-9502102
    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

    • North Haven Gardens / Garden / Garden Center
    • First African Violet Society of Dallas / Hair Salon
    • Ralph & Rose / Boutique / Cafe

    Property Details for 7700 Northaven Rd

    Year built
    2020
    Construction
    STEEL FRAME
    Lot size
    5.38 lot acres
    Property size
    6,720 SF
    Zone code
    Z239
    Property type
    Office buildings
    APN
    706096000100
    APU
    706096000100

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $785,000
      RETAIL STORES
      $705,000
      MEDICAL BUILDING
      $455,000
      APARTMENT HOUSE (5+ UNITS)
      $340,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Dallas
    County
    Dallas
    State
    Texas
    Longitude
    -96.7755
    Latitude
    32.9001
    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
    $65,631
    $1,406,120
    $1,453,880
    $2,860,000
    -
    $1,406,120
    $1,453,880
    $2,860,000

    Comparable in this City

    • Value Estimation
      $2,505,000
      170,090 SF

      12720 Hillcrest Rd

      OFFICE BUILDING • 170,090 SF
      12720 Hillcrest Rd, Dallas, TX 75230-2035
      View Details
    • Value Estimation
      $1,040,000
      27,760 SF

      12330 Preston Rd

      OFFICE BUILDING • 27,760 SF
      12330 Preston Rd, Dallas, TX 75230-2237
      View Details
    • Value Estimation by Request
      6,536 SF

      5550 Harvest Hl Rda

      OFFICE BUILDING • 6,536 SF
      5550 Harvest Hl Rda, Dallas, TX 75230-1684
      View Details
    • Value Estimation
      $855,000
      47,111 SF

      12850 Spurling Dr

      OFFICE BUILDING • 47,111 SF
      12850 Spurling Dr, Dallas, TX 75230-1281
      View Details
    • Value Estimation
      $1,525,000
      130,804 SF

      12700 Hillcrest Rd

      OFFICE BUILDING • 130,804 SF
      12700 Hillcrest Rd, Dallas, TX 75230-2033
      View Details
    • Value Estimation
      $930,000
      66,000 SF

      12740 Hillcrest Rd

      OFFICE BUILDING • 66,000 SF
      12740 Hillcrest Rd, Dallas, TX 75230-2038
      View Details

    Similar Nearby for Sale

    • $185,000
      1,204 SF

      Updated Condo with Prime Location

      Charming 2-bed, 2-bath condo with modern updates and great amenities.
      10584 High Hollows Dr, Dallas, TX 75230
      View Details
    • $245,000
      1,087 SF

      Updated Condo in Prime Location

      Inviting condo with updated features in a convenient Dallas location.
      7824 Meadow Park Dr, Dallas, TX 75230
      View Details
    • $1,450,000
      0.53 Acres

      Dallas Land Ready to Build

      Shovel-ready land with mature trees, plans, and permits.
      11618 Valleydale Dr, Dallas, TX 75230
      View Details
    • $130,000
      755 SF

      Spacious One-Bedroom Unit with Patio

      One-bedroom unit featuring built-in shelving, fireplace, and private patio.
      7700 Meadow Park Dr, Dallas, TX 75230
      View Details
    • $240,000

      High Hollows Condo with Patio

      Chic condo with private patio in desirable High Hollows.
      10423 High Hollows Dr, Dallas, TX 75230
      View Details
    • $460,000

      Preston Hollow Condo with Balcony

      Remodeled condo with balcony, close to shopping and dining.
      10764 Villager Rd, Dallas, TX 75230
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      75,000 SF

      Preston Road Office Space Available

      Office space with modern amenities on Preston Road, Dallas.
      17111 Preston Rd, Dallas, TX 75230
      View Details
    • Contact for pricing
      2,511 SF

      Updated Medical Office Space

      Customizable medical office space with modern design and infrastructure.
      7777 Forest Ln, Dallas, TX 75230
      View Details
    • $18 SF/Yr
      47,720 SF

      Preston Place Executive Suites

      Dallas Office Space: 1,710-1,782 SF Available
      12700 Preston Rd, Dallas, TX 75230
      View Details
    • Contact for pricing
      1,202 SF

      Office Space For Lease

      Office space available for lease in a great location.
      17103 Preston Rd, Dallas, TX 75230
      View Details
    • $39 SF/Yr
      15,000 SF

      Preston Royal Executive Office Space

      Class A office suites, Dallas, TX.
      10711 Preston Rd, Dallas, TX 75230
      View Details
    • Contact for pricing
      2,213 SF

      Renovated Office Space with Patio

      Recently renovated office space featuring an outdoor patio and parking.
      17101 Preston Rd, Dallas, TX 75230
      View Details
    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.
    7700 Northaven Rd
    Dallas, TX 75230-3224
    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.