Entity Owned 
For Lease
1 / 14
$12 SF/Yr
111 N Nursery Rd, Irving, TX 75061
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Property summary
AI-generated overview
The property consists of multiple industrial suites on a large lot with a freight yard. Suite H is an approximately 8,000-square-foot warehouse featuring two grade-level doors. Suite F is an approximately 1,880-square-foot warehouse with a grade-level door and has potential suitability for uses such as vehicle or car storage. Suite E1 comprises an approximately 1,000-square-foot warehouse shed with a grade-level door, no air conditioning, and access to an adjacent yard area. Suite O1 includes approximately 6,374 square feet of office space that is designed to be divisible for flexible interior configurations.
Property profile
Verified
Property type
Other warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1975
Construction
TILT-UP CONCRETE
Total area
9,000 SF
Lot
4.11 ac (178,944 SF)
Zoning code
Z392
APN
324702300A0010000
UPID
US82-4071442
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
General Contractor
-
Big Box & Wholesale Store Building Supply
-
Building Supply Big Box & Wholesale Store
-
Industrial Manufacturer Production Facility
-
Factory Chemical Plant
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$415k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$485k
Owner & transaction history
since 2022
1 recorded transaction
Zoning & alternative use
Z392 · Irving, TX
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 3 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$485k
Value range
$437k – $534k
±10% around blend
Estimated value / SF
$54 / SF
Confidence
Low
3 county-verified comps
Property data
100
Comparable evidence
30
Income certainty
100
$437k
blend $485k
$534k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
9,000 SF
Lot area
4.11 ac
Year built
1975
Stories
1
APN
324702300A0010000
Zoning
Z392
Assessed value
$1,017,500
Annual tax
$22,003
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$22,003
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$1.10M
Weighted, 3 comps · low confidence
Evidence
3 found · 3 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
5.0 mi away · 9,080 SF
12.5 mi away · 8,000 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$485k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 3 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$4.48M
Move the market yield to see immediate price impact.
Value / SF
$497
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$282k
$5.64M
$4.03M
$3.13M
$313k
$6.27M
$4.48M
$3.48M
$345k
$6.89M
$4.92M
$3.83M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
3 found
Low confidence · county-verified
Closest comparable
$1.05M
1.6 mi · Apr 2026 · $120/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$22,003
Tax year 2023
Assessed value
$1,017,500
Assessed 2023
Previous assessed
$1,017,500
+0.0% YoY
Effective rate
2.16%
On assessed value
Assessed land
$715,720
Assessed improvement
$301,780
Land market value
$715,720
Improvement market value
$301,780
Total market value
$1,017,500
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Other warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
For Lease
Year built
1975
Construction
TILT-UP CONCRETE
Heating
OTHER
Cooling
OTHER
Buildings
8
Stories
1
Total area
9,000 SF
Lot
4.11 ac (178,944 SF)
Zoning code
Z392
APN
324702300A0010000
UPID
US82-4071442
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z392 · Irving, TXZoning Z392 · permitted uses
Z392 · Irving, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1975
Construction
TILT-UP CONCRETE
Heating
OTHER
Cooling
Yes
Stories
1
Buildings
8
Lot
4.11 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
Z392
Jurisdiction
Irving, TX
Recorded code
Z392
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for Z392 in Irving, TX.
What opens after registration
Zoning profile
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 30 · 300 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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