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    116-118 W Irving Blvd Irving, TX 75060

    For Sale
    $858,000

    Fully leased retail property in revitalized Heritage District.

    Property size:
    2,850 SF
    Lot size:
    0.07 Acres

    Property Features for 116-118 W Irving Blvd

    General Information

    Size
    2,850 SF
    Lot size
    0.07 Acres

    Source: Edge Realty Partners | Dallas Agent Brandon Beeson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Irving Heritage District Retail Investment

    Located in Irving’s walkable Heritage District, this property has benefited from over $109 million in public and private investment since 2015, including major streetscape improvements, infrastructure upgrades, and historic preservation efforts. It is situated steps from the newly renovated $6.5 million Heritage Park and the Downtown Irving/Heritage Crossing DART Station, providing year-round visibility and accessibility for local residents and commuters. The property is fully leased to a Pilates studio and a vape shop, both on multi-year terms, providing reliable income with an average WALT of 2.96 years. The service-based tenancy is less vulnerable to e-commerce disruption. Located off Main Street, the site is surrounded by a dense mix of local restaurants, retailers, salons, and civic spaces, increasing organic foot traffic and long-term tenant demand. The City of Irving has demonstrated long-term commitment to revitalizing the Heritage District through capital projects, zoning support, and active land ownership, creating a stable and improving investment environment. The property has a size of 2850 square feet.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Irving
    County
    Dallas
    State
    Texas
    Longitude
    -96.9467198
    Latitude
    32.813662

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    FAQs

    What type of property is this?
    Retail space - Fully leased retail property in revitalized Heritage District.
    Where is this retail space located?
    The property is located at 116-118 W Irving Blvd Irving, TX.
    What is the asking price?
    The asking price for this property is $858,000.
    What are key features of this property?
    This property features: - Located in Irving's revitalized Heritage District with over $109 million in public and private investment since 2015.; - Steps from the newly renovated $6.5 million Heritage Park and the Downtown Irving/Heritage Crossing DART Station.; - Fully leased to a Pilates studio and a vape shop on multi-year terms, providing reliable income.
    (214) 392-3787
    Request Owner's contact information
    116-118 W Irving Blvd Irving, TX 75060
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    Irving, TX 75060
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    Realmo Value Estimation

    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.

    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.

    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
    116-118 W Irving Blvd Irving, TX 75060
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