Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    10578 Luna Rd Dallas, TX 75220
    Back to Search
    Property profile & analytics

    10578 Luna Rd, Dallas, TX 75220

    View on Map
    • Motels
    • 16,774 SF
    • 1.05 lot acres
    Off-Market
    Property ID
    US82-1942069
    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.
    Value Estimations
    $570,000
    Show details
    Cap Rate Potential
    9.6%
    Motels
    Location Intelligence

    Current Use by Public Records

    • Motels

    Property Details for 10578 Luna Rd

    Year built
    2004
    Construction
    FRAME
    Lot size
    1.05 lot acres
    Zone code
    Z115
    Property type
    Motels
    APN
    008371000A0030000
    APU
    008371000A0030000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    May 12, 2016 — Loop Hospitality LLC — Deed · related $450k · State Bk/tx
    Jun 6, 2011 — Loop Hospitality LLC Holiday Lodge INC Grant Deed $350k · New Providence Capital LLC
    Nov 16, 2010 $591,000 Zirah Properties Ltd Serafino,v Charles Trustees Deed —
    — — Loop Hospitality LLC — Loan Modification · related $450k · State Bk/tx
    — — Loop Hospitality LLC — Deed Of Trust · related $50k · State Bk/tx
    — — Loop Hospitality LLC — Deed Of Trust · related $450k · State Bk/tx

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $560,000

    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $830,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Dallas
    County
    Dallas
    State
    Texas
    Longitude
    -96.9194
    Latitude
    32.8699
    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
    $27,078
    $251,440
    $928,560
    $1,180,000
    -
    $251,440
    $928,560
    $1,180,000

    Comparable in this City

    • Value Estimation
      $590,000
      17,280 SF

      2030 Wnw Hwy

      MOTEL
      2030 Wnw Hwy, Dallas, TX 75220-2316
      View Details
    • Value Estimation
      $900,000
      46,551 SF

      2380 Wnw Hwy

      MOTEL
      2380 Wnw Hwy, Dallas, TX 75220-4449
      View Details
    • Value Estimation
      $725,000
      36,198 SF

      2287 Wnw Hwy

      MOTEL
      2287 Wnw Hwy, Dallas, TX 75220-4304
      View Details
    • Value Estimation
      $780,000
      23,556 SF

      10933 Harry Hines Blvd

      MOTEL
      10933 Harry Hines Blvd, Dallas, TX 75220-1315
      View Details
    • Value Estimation
      $810,000
      21,476 SF

      10230 Harry Hines Blvd

      MOTEL
      10230 Harry Hines Blvd, Dallas, TX 75220-4410
      View Details
    • Value Estimation
      $955,000
      33,408 SF

      10335 Gardner Rd

      MOTEL
      10335 Gardner Rd, Dallas, TX 75220-4218
      View Details

    Similar Nearby for Sale

    • $1,988,000
      9,000 SF

      Dallas Office/Warehouse on 0.81 Acres

      9,000 SF office/warehouse near Harry Hines Blvd and I-35E.
      2615 Brenner Dr, Dallas, TX 75220
      View Details
    • Contact for pricing
      6,294 SF

      Retail Property in Dallas, Texas

      Retail property with 6,294 square feet of space.
      2403 Community Dr, Dallas, TX 75220
      View Details
    • Contact for pricing
      10,000 SF

      Renovated Dallas Office Space For Sale

      10,000 SF office space in vibrant Dallas area.
      9616-9622 Webb Chapel Rd, Dallas, TX 75220
      View Details
    • Contact for pricing

      Industrial Land For Sale

      Industrial land available for sale with high traffic counts.
      10850 Luna Rd, Dallas, TX 75220
      View Details
    • $549,000
      0.24 Acres

      Remodeled Cash-Flow Duplex

      Recently remodeled duplex with both units occupied, offering dependable income for an owner seeking turnkey residential cash flow.
      9954 Brockbank Dr, Dallas, TX 75220
      View Details
    • $475,000

      Prime Land in Northwest Dallas

      Single-family lot near Bachman Lake redevelopment corridor.
      3729 Almazan Dr, Dallas, TX 75220
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Industrial Space Available For Rent

      Single tenant industrial space available for rent, 2,195 SqFt.
      2413 Community Dr, Dallas, TX 75220
      View Details
    • Contact for pricing
      18,573 SF

      Dallas Commercial Property For Rent

      Commercial property available for rent in Dallas, Texas.
      10730-10768 N Stemmons Fwy, Dallas, TX 75220
      View Details
    • Contact for pricing
      8,279 SF

      Industrial Space Available for Lease

      8,279 SF industrial space available Q2 2024.
      2610 Andjon Dr, Dallas, TX 75220
      View Details
    • Contact for pricing
      10,671 SF

      Flex/Industrial Space Available For Rent

      Flex/industrial space featuring grade-level loading, HVAC, and ample parking.
      10105 W Technology Blvd, Dallas, TX 75220
      View Details
    • Contact for pricing
      21,257 SF

      Warehouse with I-35 Frontage

      Rear load warehouse building with frontage on I-35.
      10671-10699 N Stemmons Fwy, Dallas, TX 75220
      View Details
    • $6 SF/Yr
      109,200 SF

      Shell Warehouse with Trailer Storage

      Class A shell warehouse with front and rear loading.
      9749 Clifford Dr, Dallas, TX 75220
      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.
    10578 Luna Rd
    Dallas, TX 75220
    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

    Thank You for Inquiry
    10578 Luna Rd, Dallas, TX, 75220
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!