Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$4,420,000
Office buildings
8020 Park Ln Dallas, TX 75231-6055
Entity Owned
13-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-2691222
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2014
Construction
TILT-UP CONCRETE
Total area
124,000 SF
Lot
33.32 ac (1,451,289 SF)
Zoning code
Z125
APN
00C55500000000A00
UPID
US82-2691222
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
-
Eddie Bauer Clothing Store
-
ETP Corporate Office
-
Visionworks Shops at Park Lane (Bike/Boat/Book/etc) Store
-
Switalski Eye Care Physician
-
Sunoco LP Gas Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.42M
Owner & transaction history
Pl A LP Northwood · 13 yrs held
Pl A LP Northwood
since 2012
7 recorded transactions
Zoning & alternative use
Z125 · Dallas, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$5.5M
+25.1%
Warehouse, storage
$4.9M
+12.5%
Industrial (general)
$4.9M
+12.1%
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
$4,380,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$5,480,000
Change: +25% · Conversion: Difficult
WAREHOUSE, STORAGE
$4,925,000
Change: +12% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$4,910,000
Change: +12% · Conversion: Difficult
Blend value · Realmo final
$4.42M
Range $3.98M – $4.86M · ±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
$36 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$958,071
Tax year 2023
Assessed value
$41,750,000
Assessed 2023
Previous assessed
$41,750,000
+0.0% YoY
Effective rate
2.29%
On assessed value
Assessed land
$8,322,000
Assessed improvement
$33,428,000
Land market value
$8,322,000
Improvement market value
$33,428,000
Total market value
$41,750,000
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
2014
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Buildings
3
Stories
5
Total area
124,000 SF
Lot
33.32 ac (1,451,289 SF)
Zoning code
Z125
APN
00C55500000000A00
UPID
US82-2691222
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z125 · Dallas, TX
Zoning Z125 · permitted uses
Z125 · 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
$4.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$5.5M
WAREHOUSE, STORAGE
Est. value
$4.9M
INDUSTRIAL (GENERAL)
Est. value
$4.9M
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
WAREHOUSE, STORAGE
INDUSTRIAL (GENERAL)
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
2014
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
5
Buildings
3
Lot
33.32 ac
Current owner
From public records · entity-resolved
Pl A LP Northwood
Entity
Mailing address
575 5TH AVE FL #23, NEW YORK, NY 10017-2422
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 17, 2014
—
Pl A LP Northwood
—
Trustees Deed
related
$32,000,000 · Nwpl Holdings LLC
Oct 16, 2012
—
Pl A LP Northwood
Northwood Pl Holdings LP
Quit Claim Deed
related
—
May 5, 2010
—
Northwood Pl Holdings LLC
Harvest Of Npe LP
Grant Deed
related
—
May 13, 2009
—
Harvest Of Npe
—
Deed Of Trust
related
$17,500,000 · Bank Of America
Dec 29, 2006
—
Harvest Of Npe
—
Grant Deed
related
$37,858,522 · Bank Of America
—
—
Northwood Pl A LP
—
Deed Of Trust
related
$44,000,000 · Compass Bk
—
—
Pl A LP Northwood
—
Loan Modification
related
$25,873,750 · Texas Cap Bk
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 8020 Park Ln?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
