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    5005 Royal Ln Irving, TX 75063

    Sponsored
    For Lease
    $16 SF/Yr

    Prime Irving location, flexible suites available

    Lot size:
    73,344 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional two-story, Class B office building, located at 5005 W Royal Ln, Irving, TX 75063, offers 73,344 square feet of versatile space in the desirable Irving/Las Colinas submarket of Dallas County. Built in 1983 and renovated in 1990, the property features a tranquil courtyard and ample surface parking (3.71 spaces per 1000 sq ft). Suites range from a minimum of 329 square feet to a maximum contiguous space of 15,890 square feet, with 34,713 square feet currently vacant, making it ideal for businesses of various sizes. The building provides convenient access to major transportation arteries, including Highway 114 and I-635, and is situated less than three miles from DFW International Airport. Tenants benefit from on-site property management and leasing services, along with convenient amenities such as internet-ready suites and drop boxes for major delivery services. The location offers proximity to numerous dining options and hotels, catering to both employees and clients. This property presents a unique opportunity to establish a presence in a thriving business community with excellent accessibility and attractive features.

    Property Features for 5005 Royal Ln

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    73,344 SF
    Class
    B
    Total Rate
    99258.88

    Building Details

    Year Built/Renovated
    1983/1990
    Stories
    2

    Unit(s) available at that property

    Space
    Suite 119
    Size
    512 SF
    Rate per SF
    $19
    Space
    Suite 250
    Size
    3,920 SF
    Rate per SF
    $16
    Space
    Suite 280
    Size
    8,570 SF
    Rate per SF
    $16
    Space
    Suite 170
    Size
    1,556 SF
    Rate per SF
    $19
    Space
    Suite 183I
    Size
    211 SF
    Rate per SF
    $19
    Space
    Suite 230
    Size
    4,752 SF
    Rate per SF
    $19

    HighLights

    • Ample parking: 3.71 spaces per 1,000+ square feet.
    • Courtyard views available.
    • Convenient access to Highways 114 and 635.
    • Secure building with 24‑hour keycard access.
    • Dedicated conference room.
    • On‑site mailroom.
    Property Profile Location Intelligence

    Current Use by Public Records

    Sri Software Solutions Software Company Symphony Infotek Inc Software Company Vityou Software Company IMPELSOFT SOLUTIONS CLOUD Software Company SIGMA, INC Software Company

    Suggested Use

    Realty agency Restaurant Spa & Massage Law Firm Hair Salon Nail Salon Auto Repair Shop Gym & Fitness Auto Parts Store Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Irving
    County
    Dallas
    State
    Texas
    Longitude
    -97.01659417
    Latitude
    32.92203353

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    FAQs

    What type of property is this?
    Office space - Prime Irving location, flexible suites available
    Where is this office space located?
    The property is located at 5005 Royal Ln Irving, TX.
    What is the lease rate?
    The lease rate is $16-$19 SF/Yr.
    What are key features of this property?
    This property features: Ample parking: 3.71 spaces per 1,000+ square feet.; Courtyard views available.; Convenient access to Highways 114 and 635.
    Request Owner's contact information
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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
    5005 Royal Ln Irving, TX 75063
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