5950 Sherry Ln, Dallas, TX 75225 – Office Building Low Rise 1 - 4 stories

OfficeYear Built 1997Total Assessed Value $79,318,550County Dallas

Property Details

The Office property 5950 Sherry Ln, Dallas, TX 75225 is located in Dallas County. The specific property type is Office Building Low Rise 1 - 4 stories. The total assessed value of this property is $79,318,550.

The gross building area is 202,097 square feet and the land area is 56,223 square feet for this Office Building Low Rise 1 - 4 stories built in 1997.

Legal description: Blackstone/Tcdfw Blk 4/5625 Lt 7B Acs 1.2907 Int201400324159 Dd12192014 Co-Dc 5625 004 07B00 6Da5625 004

$79,318,550

Market Value

8.00%

Cap Rate

N/A

NOI

N/A

Occupancy

Avg Rent

Property Image of 5950 Sherry Ln, Dallas, TX 75225, Office

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Property Information

Property TypeOffice

Sub Property TypeOffice Building Low Rise 1 - 4 stories

Building Area202,097

Land Size56,223

Land Value$7,308,990

Improved Value$72,009,560

Total Assessed Value$79,318,550

Year Built1997

County NameDallas

Account Number005625000407B0000

Cap Rate8.00%

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningCentral

Parking Space783

HeatingCentral

Type ConstructionFrame

No of Stories5

Garage TypeParking structure 0

ServicesFood Service,Property Manager on Site

UtilitiesConferencing Facility

Sales History

12/22/2014

Arms-length$62,600,000

Buyer

5950 Sherry Property Llc Cousins Prop Attnprop Mgr

Seller

Rreef Sherry Lane Lp

Book Number

201400324159

Recording Date

12/22/2014

Transaction Details

5950 Sherry Property Llc Cousins Prop Attnprop Mgr acquired the property from Rreef Sherry Lane Lp through a Arms-length transaction on 12/22/2014 for $62,600,000.

6/28/2002

Other$38,200,000

Buyer

Seller

Book Number

Recording Date

6/28/2002

Transaction Details

acquired the property from through a Other transaction on 6/28/2002 for $38,200,000.

Property constructed in 1997

YSale Price (USD) byXSales Year

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Mortgage History

8/8/2012

Helocs both purchase money and non purchase money helocs$27,500,000

Borrower

Rreef Sherry Lane Lp

Lender

Wells Fargo Bank

Book Number

2012.234194

Recording Date

8/8/2012

Transaction Details

Rreef Sherry Lane Lp borrowed the property from Wells Fargo Bank through a Helocs both purchase money and non purchase money helocs transaction on 8/8/2012 for $27,500,000.

Property constructed in 1997

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Assessment History

Assessment Year ↓	Assessed Land Value ↕	Assessed Improved Value ↕	Assessed Total Value ↕	Market Value ↕	Owner Name ↕	Owner Address ↕	Legal Description ↕	Neighborhood Code ↕	Sub Division ↕	Land Size (SF) ↕	GBA (SF) ↕
2026	$7,308,990	$74,723,050	$82,032,040	$82,032,040	5950 Sherry Property...	5950 Sherry Ln Ste 1...	Blackstone/Tcdfw Blk...	1HS001	-	56,223	202,097
2025	$7,308,990	$63,291,010	$70,600,000	$70,600,000	5950 Sherry Property...	Cousins Prop Attnpro...	Blackstone/Tcdfw Blk...	1HS001	Blackstone/Tcdfw	56,223	202,097
2024	$7,308,990	$61,791,010	$69,100,000	$69,100,000	5950 Sherry Property...	5950 Sherry Ln Ste 1...	Blackstone/Tcdfw Blk...	1HS001	BLACKSTONE/TCDFW	56,223	202,097
2023	$7,308,990	$62,191,010	$69,500,000	$69,500,000	5950 Sherry Property...	%cousins Prop Attn:p...	Blackstone/Tcdfw Blk...	1HS001	BLACKSTONE/TCDFW	56,223	202,097
2022	$7,308,990	$53,691,010	$61,000,000	$61,000,000	5950 Sherry Property...	%cousins Prop Attn:p...	Blackstone/Tcdfw Blk...	1HS001	-	56,223	202,097
2021	$7,308,990	$51,384,010	$58,693,000	$58,693,000	5950 Sherry Property...	% Tier Reit Inc Attn...	Blackstone/Tcdfw Blk...	1HS001	BLACKSTONE/TCDFW	56,223	202,097
2020	$7,308,990	$50,793,010	$58,102,000	$58,102,000	5950 Sherry Property...	% Tier Reit Inc Attn...	Blackstone/Tcdfw Blk...	1HS001	-	56,223	202,097
2019	$7,308,990	$48,591,010	$55,900,000	$55,900,000	5950 Sherry Property...	% Tier Reit Inc Attn...	Blackstone/Tcdfw Blk...	1HS001	BLACKSTONE/TCDFW	56,223	202,097
2018	$8,433,450	$43,266,550	$51,700,000	$51,700,000	5950 Sherry Property...	% Tier Reit Inc Attn...	Blackstone/Tcdfw Blk...	1HS001	BLACKSTONE/TCDFW	56,223	202,097
2017	$8,433,450	$40,566,550	$49,000,000	$49,000,000	5950 Sherry Property...	% Tier Reit Inc Attn...	Blackstone/Tcdfw Blk...	1HS001	BLACKSTONE/TCDFW	56,223	202,097

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Showing 1 to 10 of 18 entries

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Rent & Occupancy

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Comparables

Address ↕	Assessors Parcel Number ↕	Property Type ↕	Property Sub Type ↕	Owner Name ↕	County ↕	Miles ↕	Sale Price ↕	Sale Date ↕	Price / SF ↕	Year Built ↕	GBA ↕	Units ↕
5950 Sherry Ln, Dallas, TX 75225	005625000407B0000	Office	Office Building Low Rise 1 - 4 stories	5950 Sherry Property Llc	Dallas	-	$ 62,600,000	2014-12-22	$ 309.75	1997	202,097	-
2828 N Harwood St, Dallas, TX 75201	000930000201A0000	Office	Office Building Low Rise 1 - 4 stories	2828 North Harwood Owner Lp	Dallas	4.7	$ 73,000,000	2025-04-01	$ 305.04	1998	239,316	-
12700 Hillcrest Rd, Dallas, TX 75230	00000734832000000	Office	Office Building Low Rise 1 - 4 stories	Gold Dog I Lp	Dallas	4.5	$ 13,433,000	2025-06-11	$ 102.70	1979	130,804	-
12400 Coit Rd, Dallas, TX 75251	007752000A0080000	Office	Office Building Low Rise 1 - 4 stories	Churchill Tower Llc	Dallas	4.6	$ 5,320,000	2024-06-27	$ 18.11	1999	293,806	-
2651 N Harwood St, Dallas, TX 75201	000362000701A0000	Office	Office Building Low Rise 1 - 4 stories	Harwood International Center I Lp	Dallas	4.8	$ 27,212,500	2025-11-05	$ 240.67	1982	113,068	-
6700 Lbj Fwy, Dallas, TX 75240	00000733275500000	Office	Office Building Low Rise 1 - 4 stories	Trinity Bible Church Of Dallas	Dallas	4.5	$ 9,695,700	2024-08-02	$ 43.51	1979	222,858	-
5000 Quorum Dr, Addison, TX 75254	100052200300B0000	Office	Office Building Low Rise 1 - 4 stories	Quorum Office Park Llc	Dallas	6.0	$ 23,500,000	2024-09-25	$ 146.21	1983	160,732	-
10925 Estate Ln, Dallas, TX 75238	0080510B000090000	Office	Office Building Low Rise 1 - 4 stories	10925 Estate Ln Lp	Dallas	6.9	$ 5,320,000	2025-07-18	$ 34.89	1984	152,474	-
8111 Lbj Fwy, Dallas, TX 75251	0077560E0009B0000	Office	Office Building Low Rise 1 - 4 stories	Silver Star Cre Llc	Dallas	5.2	$ 10,319,603	2024-08-14	$ 38.07	1982	271,089	-
350 N St Paul St, Dallas, TX 75201	00C5371T1200OFC00	Office	Office Building Low Rise 1 - 4 stories	Bryan Street Office,lp	Dallas	5.5	$ 20,020,000	2025-09-04	$ 124.39	1978	160,951	-
5050 Quorum Dr, Addison, TX 75254	10005250030010000	Office	Office Building Low Rise 1 - 4 stories	Quorum Office Park Llc	Dallas	6.0	$ 26,985,700	2024-09-25	$ 191.25	1981	141,100	-

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Nearby Lenders

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Search:

Lender Name ↕	Property Address ↕	Loan Date ↕	Mortgage Amount ↕	Land Size (SF) ↕	Year Built ↕	GBA (SF) ↕	Total Assessed Value ↕	Land Assessed Value ↕	Borrower ↕
—	5950 Sherry Ln, Dallas, TX 75225	—	-	56,223	1997	202,097	$ 79,318,550	$ 7,308,990	-
New York Life Insurance Co	9101 N Central Expy, Dallas, TX 75231	08/22/2025	$ 131,000,000	288,010	1998	296,648	$ 70,871,510	$ 17,280,600	Bsf1 Pyramids Llc
Breds V Loan Holdings Smbc Llc	5949 Sherry Ln, Dallas, TX 75225	07/31/2025	$ 102,000,000	89,328	1982	325,000	$ 123,771,450	$ 11,612,640	Sterling Plaza Owner Lp
Credit Union 1	5445 La Sierra Dr, Dallas, TX 75231	06/11/2025	$ 5,400,000	45,516	1983	60,485	$ 4,150,000	$ 1,137,900	Dallas La Sierra Group Llc
Argentic Real Estate Finance L	8140 Walnut Hill Ln, Dallas, TX 75231	06/06/2025	$ 17,400,000	156,467	1981	169,795	$ 27,013,560	$ 2,347,010	Icm One Glen Lakes Lp
American Bank Of Commerce	6801 Snider Plaza, University Park, TX 75205	06/03/2025	$ 1,100,000	8,190	1985	9,498	$ 5,766,800	$ 2,047,500	Sw Snider Llc
Bank Of America Na	5481 Blair Rd, Dallas, TX 75231	03/28/2025	$ 1,600,000	12,410	2001	3,654	$ 765,000	$ 310,250	Cadmus Llc
Prosperity Bank	4709 W Lovers Ln, Dallas, TX 75209	02/26/2025	$ 120,000	7,500	1983	4,800	$ 655,000	$ 450,000
Plainscapital Bank	9900 N Central Expy, Dallas, TX 75231	02/06/2025	$ 6,850,000	39,689	1981	70,158	$ 4,280,100	$ 1,190,670	Alabaster Properties Holdings Llc
Commercial Bank Of Texas Na	3333 Welborn St, Dallas, TX 75219	01/16/2025	$ 10,400,000	51,300	1963	63,680	$ 7,404,660	$ 4,360,500	Arabella Retirement Center Of
T G H M Properties Lp	5607 Bell St, Dallas, TX 75206	01/02/2025	$ 637,500	6,300	1983	3,700	$ 545,000	$ 346,500	Blue Mountain Property Group Llc

Mean$ 44,762,659

Median$ 5,915,207.0

Loan Amount Range$ 107,493 - $ 650,000,000

Showing 1 to 10 of 26 entries

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Tenant Details

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Search:

Property Address ↕	Owner Name ↕	Phone ↕	Industry Description ↕
5950 SHERRY LN STE 100, DALLAS, TX 75225-6534	MUTUAL OF OMAHA BANK	2142577500	REAL ESTATE LOANS
5950 SHERRY LN STE 205, DALLAS, TX 75225-6557	E S FRANKFURT MGMT INC	4692323998	REAL ESTATE MANAGEMENT
5950 SHERRY LN STE 900, DALLAS, TX 75225-6546	CENERGISTIC	2143465950	ENERGY CONSERVATION & MGMT CONSULTANTS
5950 SHERRY LN STE 800, DALLAS, TX 75225-6563	PERSONAL ENHANCEMENT SVC	2142732415	PSYCHOTHERAPISTS
5950 SHERRY LN STE 204, DALLAS, TX 75225-6514	SANDO CAPITAL PARTNERS LLC	2142173355	INVESTMENTS
5950 SHERRY LN # 808, DALLAS, TX 75225-6533	JEFF ANDERSON FAMILY LAW ATTY	2144416953	ATTORNEYS
5950 SHERRY LN STE 600, DALLAS, TX 75225-6551	KEMBALL COOK, BARRY AGT	2143735987	FINANCIAL ADVISORY SERVICES
5950 SHERRY LN STE 700, DALLAS, TX 75225-6562	AIKMAN ENTERPRISES INC	2143607000	BUSINESS SERVICES NEC
5950 SHERRY LN STE 350, DALLAS, TX 75225-6509	JEFF ANDERSON FAMILY LAW ATTY	9722488383	ATTORNEYS
5950 SHERRY LN STE 220, DALLAS, TX 75225-6578	CHICAGO TITLE INSURANCE CO	2145212424	TITLE COMPANIES

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Tenant Industry Distribution

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License Details

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