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

    8500 Stemmons Fwy Dallas, TX 75247

    • Commercial real estate
    • 111,064 SF
    • 3.83 lot acres
    For Lease
    View listing
    $13 SF/Yr
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-4839299
    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

    • Somodevilla S A / Physician / Medical Clinic
    • DRS Office / Physician / Medical Clinic
    • Resumes For Success / Employment Agency
    • P&P Barragan LLC / Interior Design / Home Decor Store
    • DFW Event Creations / Electronics & Wireless Store / Big Box & Wholesale Store

    Property Details for 8500 Stemmons Fwy

    Year built
    1979
    Construction
    FRAME
    Lot size
    3.83 lot acres
    Property size
    111,064 SF
    Zone code
    Z151
    Property type
    Commercial real estate
    APN
    779735600000
    APU
    779735600000

    Description

    This six-story, 109,291-square-foot office building, originally constructed in 1980 and renovated in 2016, offers a variety of spaces for lease. Located at 8500 N Stemmons Fwy in Dallas, Texas (zip code 75247), this Class C building provides flexible options ranging from 100 square feet to a maximum contiguous space of 3,483 square feet. The property features 54 total suites, ideal for multiple tenants. Amenities include an attractive marble-walled lobby, on-site leasing, management, and maintenance, and comfortable professional common areas. The building boasts convenient access to Stemmons Freeway (I-35N) and Empire Central, placing it minutes from Love Field and DFW airports. Its prime location in the Stemmons Corridor also offers proximity to the American Airlines Center, numerous restaurants, and hotels. Parking is available at a ratio of 3.77 spaces per 1,000 square feet. The building includes elevators. This property is situated in the West Dallas submarket of Dallas County.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $3,613,000
      Market price range: $3.18M - $16.3M

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

    Location Insight

    • Map
    • Local Demand
    City
    Dallas
    County
    Dallas
    State
    Texas
    Longitude
    -96.8715
    Latitude
    32.828
    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
    $97,279
    $0.00
    $0.00
    $4,043,770
    -
    $0.00
    $0.00
    $4,043,770

    Comparable in this City

    • Value Estimation by Request
      0.10 Acres

      4854 Apricot St

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      4854 Apricot St, Dallas, TX 75247-6410
      View Details
    • Value Estimation
      $1,575,000
      26,044 SF

      1150 Empire Central Pl

      SHOW ROOM, WAREHOUSE • 26,044 SF
      1150 Empire Central Pl, Dallas, TX 75247-4323
      View Details
    • Value Estimation
      $1,350,000
      25,875 SF

      8400 Sovereign Row

      SHOW ROOM, WAREHOUSE • 25,875 SF
      8400 Sovereign Row, Dallas, TX 75247-4610
      View Details
    • Value Estimation
      $1,730,000
      49,900 SF

      9100 John W Carpenter Fwy

      SHOW ROOM, WAREHOUSE • 49,900 SF
      9100 John W Carpenter Fwy, Dallas, TX 75247-4518
      View Details
    • Value Estimation
      $2,285,000
      89,944 SF

      9011 John W Carpenter Fwy Ste, Unit 106

      SHOW ROOM, WAREHOUSE • 89,944 SF
      9011 John W Carpenter Fwy Ste, Dallas, TX 75247-4548
      View Details
    • Value Estimation by Request
      0.15 Acres

      4719 Alexander Ln

      COMMERCIAL (GENERAL) • 0.15 Acres
      4719 Alexander Ln, Dallas, TX 75247-6501
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2.80 Acres

      Stemmons Freeway Mixed-Use Land

      2.8-acre Dallas development opportunity.
      2930 Stemmons Fwy, Dallas, TX 75247
      View Details
    • Contact for pricing
      59,082 SF

      Dallas Industrial Warehouse Opportunity

      59,082 SF, 100% Vacant, Value-Add
      8500 Sovereign Row, Dallas, TX 75247
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    • $3,950,000
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      Dallas Warehouse: Prime Investment Opportunity

      High-yield warehouse, 21,550 SF, excellent location.
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      Industrial Land For Sale

      Four parcels totaling 0.56 acres suitable for industrial manufacturing.
      3522 Easy St, Dallas, TX 75247
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    • Contact for pricing
      31,230 SF

      Dallas Office Building For Sale

      31,230 square foot office building in Dallas, Texas.
      1327 Empire Central Dr, Dallas, TX 75247
      View Details
    • $7,983,000

      Industrial Property in Dallas, Texas

      Industrial property available for sale in Dallas, Texas.
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    Similar Nearby for Lease

    • $23 SF/Yr
      157,300 SF

      One Mockingbird Office Space

      Dallas Class A Office, 30,000 SF Available
      1420 Mockingbird Ln, Dallas, TX 75247
      View Details
    • Contact for pricing
      7,614 SF

      Dallas Warehouse - 7,614 SF

      Spacious Dallas warehouse, ideal for various uses.
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    • $17 SF/Yr
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      Empire Plaza Office Suites in Dallas

      Executive suites & coworking spaces available.
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      View Details
    • $13 SF/Yr
      109,291 SF

      Stemmons Freeway Office Space

      Dallas Office Building: 28 Suites Available
      8500 Stemmons Fwy, Dallas, TX 75247
      View Details
    • $10 SF/Yr
      70,200 SF

      Dallas Warehouse Space Available

      70,200 SF Warehouse, Dallas, TX
      8607 Ambassador Row, Dallas, TX 75247
      View Details
    • Contact for pricing
      68,260 SF

      Regal Row Warehouse Space Available

      Dallas Industrial Space: 20,000 - 68,260 SF
      740-750 Regal Row, Dallas, TX 75247
      View Details
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    Dallas, TX 75247
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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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