Hotel with Banquet
7815-B Lyndon B Johnson Fwy, Dallas, TX 75251
For Sale
Contact for pricing
The property combines guest accommodations with event space, a restaurant, and on-site amenities for hotel operations.
Property Size65,812 SF
Lot Size3.91 Acres
Price / SF$113.96
Days on Market18
Property Features for 7815-B Lyndon B Johnson Fwy
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Neighborhood
Highway Access
Road Access
Amenities
outdoor pool
fitness center
business center
guest laundry
complimentary Wi-Fi
spacious lobby
24-hour reception
banquet
restaurant
event facilities
Building Details
Year Renovated
Listing Agency:
Value
Listed By:
Neil Naran · License #02025512
Source:
Crexi
Added: Oct 23
Changed: Nov 8
Last Checked: Nov 8 at 5:18PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Value
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Investment Insights
Based on property information with market context.
This independent hotel offers 162 rooms and suites across approximately 65,812 square feet on about 3.91 acres. Renovated in 2024, the property includes banquet and restaurant facilities, an outdoor pool, fitness and business centers, guest laundry, complimentary Wi-Fi, a spacious lobby, and 24-hour reception. Event space can accommodate meetings, conferences, weddings, and social gatherings. Its independent operating structure allows flexibility in management and brand strategy.
Located at 7815-B Lyndon B Johnson Fwy in Dallas, the hotel is positioned along the freeway, with reported exposure to approximately 46,750 vehicles per day. The property neighbors the University of Texas at Dallas and is near Medical City Dallas Hospital, Southern Methodist University, Dallas Love Field Airport, Dallas/Fort Worth International Airport, employment centers, and national retailers.
Located at 7815-B Lyndon B Johnson Fwy in Dallas, the hotel is positioned along the freeway, with reported exposure to approximately 46,750 vehicles per day. The property neighbors the University of Texas at Dallas and is near Medical City Dallas Hospital, Southern Methodist University, Dallas Love Field Airport, Dallas/Fort Worth International Airport, employment centers, and national retailers.
Key Highlights
- 162‑room hotel on approximately 3.91 acres
- Approximately 65,812 square feet; renovated in 2024
- Banquet and restaurant facilities, with event space for meetings, conferences, weddings, and social gatherings
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$211,010
Cap Rate
2.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,220,200
$4.2M
Cap Rate 7%
$3,014,429
$3.0M
Cap Rate 9%
$2,344,556
$2.3M
Market Conditions
NOI Build-Up for 65,812 SF
Gross rent
$987.2K $15.00/SF
− Vacancy
−$542.9K −$8.25/SF
EGI
$444.2K $6.75/SF
− OpEx
−$233.2K −$3.54/SF
NOI
$211.0K $3.21/SF
Area
Dallas, TX
Vacancy
55.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
52.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,220,200
Cap Rate 7%
$3,014,429
Cap Rate 9%
$2,344,556
Alternative Uses
Best Use
Hotel Hospitality
$3.01M
$2.64M – $3.52M
NOI $211,010 @ 7.0% cap · market cap 2.81%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$78.97M
$69.10M – $92.13M
NOI $5,527,829 @ 7.0% cap · market cap 73.70%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,845
Businesses Nearby
Explore this area
Business Placement
Demographics for 75251, TX
3,840
Population
2,847
Households
1.3
Avg Household Size
31
Median Age
60%
College-Educated
99%
High-School Grad
0.6 sq mi
ZIP Area
6,400
Density / Sq Mi
$84,791
Median Household Income
$57,838
Median Earnings
$1,736
Median Rent
Frequently Asked Questions
What type of property is this?
Hotel - The property combines guest accommodations with event space, a restaurant, and on-site amenities for hotel operations.
Where is this hotel located?
The property is located at 7815-B Lyndon B Johnson Fwy Dallas, TX.
What is the asking price?
The asking price for this property is $7,500,000.
What are key features of this property?
This property features: 162‑room hotel on approximately 3.91 acres; Approximately 65,812 square feet; renovated in 2024; Banquet and restaurant facilities, with event space for meetings, conferences, weddings, and social gatherings
