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Property profile & analytics
FOR LEASE
Medical Office Space

909 S Tyler St Dallas, TX 75208

6,204 SF 0.37 ac lot Built 2015
Trust Owned 3-yr Hold Free & Clear
Property ID
US82-1944257
Property summary
AI-generated overview

This exceptional 6,389-square-foot medical office building, situated on a 0.37-acre lot in Dallas, Texas, presents a compelling investment opportunity. Built in 2008 and renovated in 2015, the property boasts a single-story, freestanding structure with 3 units. Currently vacant with an occupancy date of August 1, 2024, this property offers immediate potential for owner-occupancy or lease-up. The building features 30 parking spaces, a significant advantage in this desirable location. The existing 4,380+ square feet of finished space includes a previously occupied second-generation dental and chiropractic office, complete with multiple treatment rooms, private offices, labs, break rooms, and four restrooms. An additional 2,000 square feet of raw, unfinished space provides an excellent opportunity to generate additional income. Located in the Neighborhood Service District, this property benefits from its proximity to the vibrant Bishop Arts District, Jefferson Street District, and several highly sought-after residential neighborhoods including Winnetka Heights, Kessler, Wynnewood, Elmwood, and Lake Cliff, ensuring high visibility and strong potential for tenant attraction. The property is eligible for an SBA Healthcare Loan (subject to approval). Some dental equipment may be available for separate purchase. The asking price is $1,880,000, and the sale is structured for a 1031 exchange. This is a rare opportunity to acquire a well-located, versatile medical office building with significant upside potential.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2015
Construction FRAME
Total area 6,204 SF
Lot 0.37 ac (16,183 SF)
Zoning code Z202
APN 276328000000
UPID US82-1944257
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
  • Prident Family Dentistry Dental Office
  • DFW Chiropractic Alternative Medicine Practice
  • Dr. Maxim Mossman Dental Office
  • Ana Cured ham store Grocery & Convenience Store
  • Frank and Seder LLC Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$726k
Blend (final) Blend
$775k
Owner & transaction history
New Age Investments Trust · 3 yrs held
New Age Investments Trust
since 2023
4 recorded transactions
2023
Price N/A
2019
Price N/A
2014
Price N/A
1969
Price N/A
Zoning & alternative use
Z202 · Dallas, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $1.3M +102.4%
Restaurant $895,000 +42.6%
Retail stores $760,000 +20.9%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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