4961 North O'Connor Road — Sale in Irving, TX

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Office
  • Location: Irving, TX 75062
  • Year built: 1987

Photos

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4961 North O'Connor Road — Sale in Irving, TX, photo 3 of 3

Description

Marcus & Millichap is pleased to present the opportunity to acquire a vacant 8,314-square-foot institutional building located at 4961 N. O’Connor Road in the Las Colinas submarket of Irving, Texas. The property is currently configured as a Montessori school and offers a compelling owner-user opportunity, with the flexibility to continue its educational use or reposition the asset for medical office occupancy. The property benefits from strong healthcare adjacency, with proximity to Medical City Las Colinas and Baylor Scott & White Medical Center, reinforcing its placement within an established and growing medical corridor. This proximity supports patient accessibility, physician referrals, and long-term viability for outpatient and specialty medical users should the property be converted. Strategically positioned between Dallas/Fort Worth International Airport and Dallas Love Field Airport, the asset offers exceptional regional accessibility. The property also benefits from convenient access to Interstate 35E, State Highway 114, and the 183 TEXpress, providing efficient connectivity throughout Las Colinas, Irving, Dallas, and the broader DFW Metroplex. With its vacant status and adaptable footprint, the building is well suited for an owner-user seeking immediate occupancy, whether as an educational facility or a converted medical office. The property offers a unique opportunity to establish a long-term presence in a centrally located and highly accessible Las Colinas submarket. Investment Highlights: • Vacant 8,314-Square-Foot Institutional Building Offering Immediate Occupancy • Currently Configured as a Montessori School with Owner-User Flexibility • Potential for Medical Office Conversion for Owner-User or Outpatient Use • Proximity to Medical City Las Colinas and Baylor Scott & White Medical Center • Strategically Located Between DFW International Airport and Dallas Love Field • Excellent Access to Interstate 35E, State Highway 114, and 183 TEXpress • Flexible

Market Context

This office in Irving, TX is listed for sale. The building dates to 1987. Compare it against other office listings for sale in Irving, TX — view the full market.

As of Q2 2026, the Dallas / Fort Worth office market showed a 25.1% vacancy rate, and average asking rents near $33.86/SF/yr. Source: multiple brokerage reports, Q2 2026.

Above-average vacancy gives buyers leverage and a wide set of comparables.

Office market FAQ

Is the Dallas / Fort Worth office market tightening or softening?
Vacancy is around 25.1% (Q2 2026).

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