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    Dallas Hotel Near Transportation Hubs Title is generated by Realmo AI

    8703 E R L Thornton Fwy, Dallas, TX 75228

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    Strategically located hotel with easy access to Dallas attractions.

    Type:Hospitality
    Property size:
    59,535 SF
    Price / SF:
    $161/SF
    Added:
    Feb 24, 2026
    Days on Market:
    77
    Last Refresh:
    Mar 17 at 1:16 pm

    Property Features for 8703 E R L Thornton Fwy

    General Information

    Standard status
    Active
    Size
    59,535 SF
    Property subtype
    Hospitality

    Building Details

    Year Built
    2008

    We can help!

    Listing Contact
    Corina Palekar

    Listing agent Corina Palekar License #CA 01905002

    Listing office Hotel Brokers Of America

    Listing date Feb 24, 2026

    Source Crexi

    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 Hotel Brokers Of America

    HighLights

    • Strategic location within the Dallas metro area with convenient access to Downtown Dallas and major transportation corridors.
    • Proximity to primary interstate highways provides efficient connectivity for corporate and transient travelers.
    • Dallas‑Fort Worth is one of the fastest‑growing metro areas in the United States, supporting sustained lodging demand.
    • Upcoming 2026 FIFA World Cup matches in Dallas are expected to increase compression nights and drive ADR growth.
    • Easy freeway access provides strong visibility and drive‑to traffic.
    • Built in 2008.

    Overview

    The Holiday Inn Express is located within the Dallas metro area, offering convenient access to Downtown Dallas and major transportation corridors. Its location near primary interstate highways facilitates connectivity for corporate and transient travelers. The hotel's central positioning allows guests to reach employment centers, business districts, entertainment venues, and regional attractions. Easy freeway access provides visibility and drive-to traffic. Dallas-Fort Worth is a fast-growing metro area in the United States, supported by population migration, corporate relocations, infrastructure investment, and major international events. The region ranks among the top U.S. hotel markets for occupancy, RevPAR growth, and new business formation. The upcoming 2026 FIFA World Cup matches in the Dallas market are expected to elevate international exposure, increase compression nights, and drive ADR growth across the lodging spectrum. The property size is 59535 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    cotton bowl Gym & Fitness Center Holiday Inn Express ... Hotel & Motel

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Dallas
    County
    Collin
    State
    Texas
    Longitude
    -96.694074
    Latitude
    32.7964196

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    FAQs

    What type of property is this?
    Hotel - Strategically located hotel with easy access to Dallas attractions.
    Where is this hotel located?
    The property is located at 8703 E R L Thornton Fwy Dallas, TX.
    What is the asking price?
    The asking price for this property is $9,600,000.
    What are key features of this property?
    This property features: Strategic location within the Dallas metro area with convenient access to Downtown Dallas and major transportation corridors.; Proximity to primary interstate highways provides efficient connectivity for corporate and transient travelers.; Dallas‑Fort Worth is one of the fastest‑growing metro areas in the United States, supporting sustained lodging demand.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Corina Palekar
    Real Estate License ID: CA 01905002
    Learn More
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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