Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    101 Main St Irving, TX 75060-2926

    • Retail space
    • 3,934 SF
    • 0.05 lot acres
    OFF-MARKET
    Last Sale
    May 25, 2022
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-1971078
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Law Offices of Eric Cedillo PC / Law Firm
    • iRealty / Corporate Office
    • MarketCenter Creative / Marketing & Advertising / (Bike/Boat/Book/etc) Store
    • 1902 Productions / Marketing & Advertising

    Property Details for 101 Main St

    Year built
    1959
    Construction
    TILT-UP CONCRETE
    Lot size
    0.05 lot acres
    Property size
    3,934 SF
    Zone code
    Z58
    Property type
    Retail space
    APN
    32000500100240100
    APU
    32000500100240100

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Irving
    County
    Dallas
    State
    Texas
    Longitude
    -96.9465
    Latitude
    32.8137
    CBSA code
    19100
    CBSA name
    DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4,963
    $13,200
    $216,300
    $229,500
    -
    $13,200
    $216,300
    $229,500

    Comparable in this City

    • Value Estimation
      $645,000
      4,000 SF

      821 Belt Line Rd

      RETAIL STORES (PERSONAL SERVICES) • 4,000 SF
      821 Belt Line Rd, Irving, TX 75060-2116
      View Details
    • Value Estimation by Request
      1,900 SF

      1230 Irving Blvd

      RETAIL STORES (PERSONAL SERVICES) • 1,900 SF
      1230 Irving Blvd, Irving, TX 75060-4355
      View Details
    • Value Estimation by Request
      2,880 SF

      135 Main St

      RETAIL STORES (PERSONAL SERVICES) • 2,880 SF
      135 Main St, Irving, TX 75060-2926
      View Details
    • Value Estimation
      $1,435,000
      9,397 SF

      3424 Briery Rd

      RETAIL STORES (PERSONAL SERVICES) • 9,397 SF
      3424 Briery Rd, Irving, TX 75060-2114
      View Details
    • Value Estimation
      $705,000
      4,012 SF

      1550 Irving Blvd

      RETAIL STORES (PERSONAL SERVICES) • 4,012 SF
      1550 Irving Blvd, Irving, TX 75060-4412
      View Details
    • Value Estimation
      $1,970,000
      13,905 SF

      1006 Shady Grv Rd

      RETAIL STORES (PERSONAL SERVICES) • 13,905 SF
      1006 Shady Grv Rd, Irving, TX 75060
      View Details

    Similar Nearby for Sale

    • $1,000,000
      3,070 SF

      Irving Commercial Property For Sale

      Two buildings on a large lot, ideal for daycare.
      2105 W Shady Grove Rd, Irving, TX 75060
      View Details
    • Contact for pricing
      2,496 SF

      Cliff's Donuts Retail Investment

      NN leased Cliff's Donuts with scheduled rent increases.
      2433 W Shady Grove Rd, Irving, TX 75060
      View Details
    • $389,900
      0.17 Acres

      Standalone Building with Business, Irving

      Standalone building with business for sale in Irving, Texas.
      109 W Shady Grove Rd, Irving, TX 75060
      View Details
    • Contact for pricing
      4,146 SF

      Versatile Commercial Property in Irving

      Commercial property suitable for automotive and office use in Irving.
      1006 W 6Th St, Irving, TX 75060
      View Details
    • $510,000
      0.23 Acres

      Irving Quadruplex: Investment Opportunity

      Well-kept four-unit quadplex in high-demand Irving rental area.
      2240 Riverview Dr, Irving, TX 75060
      View Details
    • $499,000
      1,202 SF

      Prime Irving Office Building

      1,202 SF Office, 0.46 Acres
      1201 Wildwood Dr, Irving, TX 75060
      View Details

    Similar Nearby for Lease

    • $950 /Mo
      6,403 SF

      Retail Space in Heritage Crossing

      Retail suites in Irving's Historic Heritage Crossing District for rent.
      136 S Main St, Irving, TX 75060
      View Details
    • Contact for pricing
      2,100 SF

      Retail Space in High-Traffic Area

      Retail space available in a high-traffic corner location.
      1000-1024 E Irving Blvd, Irving, TX 75060
      View Details
    • $10 SF/Yr

      Retail Space Near Train Station

      Retail space with potential for patio and city incentives.
      208 E Irving Blvd, Irving, TX 75060
      View Details
    • Contact for pricing

      Retail Center in South Irving

      Retail center located at Shady Grove and Story Road.
      Shady Grv Rd. & Story Rd, Irving, TX 75060
      View Details
    • Contact for pricing
      10,400 SF

      Retail Space in Irving Center

      Retail space available in south Irving shopping center.
      2200 W Shady Grove Rd, Irving, TX 75060
      View Details
    • $2,500 /Mo
      19,641 SF

      Commercial Lot on S Belt

      Commercial lot for lease in prime Irving location.
      237 S Belt Line Rd, Irving, TX 75060
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    101 Main St
    Irving, TX 75060-2926
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!