Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,445,000
Hospitals
8111 Mdw Rd Dallas, TX 75231-3514
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US82-0517895
Property profile
Verified
Property type
Hospitals
Use group
HOSPITAL - PRIVATE
Year built
2015
Construction
TILT-UP CONCRETE
Total area
44,636 SF
Lot
4.28 ac (186,393 SF)
Zoning code
Z239
APN
520582500000
UPID
US82-0517895
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
-
NIELS-JORGEN DYRVED Physician
-
First Baptist Medical Center Hospital
-
LEAH A DILL Physician
-
Dr. Robert Fischer Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.90M
Blend (final)
Blend
$1.45M
Owner & transaction history
First Baptist Realty LLC · 11 yrs held
First Baptist Realty LLC
since 2015
7 recorded transactions
Zoning & alternative use
Z239 · Dallas, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$2.0M
+72.9%
Warehouse, storage
$1.8M
+55.4%
Industrial (general)
$1.8M
+54.9%
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
$1,000,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,140,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,975,000
Change: +73% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,775,000
Change: +55% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,770,000
Change: +55% · Conversion: Difficult
Blend value · Realmo final
$1.45M
Range $1.30M – $1.59M · ±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
$32 / 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
$350,327
Tax year 2023
Assessed value
$15,266,270
Assessed 2023
Previous assessed
$15,266,270
+0.0% YoY
Effective rate
2.29%
On assessed value
Assessed land
$3,727,860
Assessed improvement
$11,538,410
Land market value
$3,727,860
Improvement market value
$11,538,410
Total market value
$15,266,270
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
Hospitals
Use group
HOSPITAL - PRIVATE
Status
Off-Market
Year built
2015
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Bathrooms
21
Total area
44,636 SF
Lot
4.28 ac (186,393 SF)
Zoning code
Z239
APN
520582500000
UPID
US82-0517895
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z239 · Dallas, TX
Zoning Z239 · permitted uses
Z239 · 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
MEDICAL BUILDING Current
Est. value
$1.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.0M
WAREHOUSE, STORAGE
Est. value
$1.8M
INDUSTRIAL (GENERAL)
Est. value
$1.8M
MEDICAL 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
2015
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Bathrooms
21
Lot
4.28 ac
Current owner
From public records · entity-resolved
First Baptist Realty LLC
Entity
Mailing address
8111 MDW RD, DALLAS, TX 75231-3514
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 26, 2015
—
First Baptist Realty LLC
Tkg Valencia-midtown LP
Grant Deed
related
$17,345 · Mutual/omaha Bk
Dec 22, 2011
—
Tkg Valencia-midtown LLC
Next Block-dallas I LP
Grant Deed
$23,520,000 · Wells Fargo Bank
Jun 16, 2006
—
Block-dallas I Next
Meadow Manderville Acquisition
Grant Deed
related
—
Apr 11, 2006
—
Meadow Manderville Acquisition
Heritage Apartment
Grant Deed
related
—
—
—
First Baptist Realty LLC
—
Loan Modification
related
$12,000,000 · Mutual/omaha Bk
—
—
First Baptist Realty LLC
—
Loan Modification
related
$7,250,000 · Mutual/omaha Bk
—
—
First Baptist Realty LLC
—
Loan Modification
related
$12,000,000 · Mutual/omaha Bk
—
—
First Baptist Realty
—
Deed Of Trust
related
$24,900,000 · Mutual/omaha 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 8111 Mdw Rd?
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.
