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Property profile & analytics
OFF-MARKET
Estimated value
$1,965,000
Office buildings
1321 Greenway Dr Irving, TX 75038-2504
Individually Owned
1-yr Hold
Free & Clear
Property ID
US82-2929243
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1982
Construction
FRAME
Total area
102,000 SF
Lot
3.76 ac (163,829 SF)
Zoning code
Z57
APN
32714200000000000
UPID
US82-2929243
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
PrimeSource Building Products Building Supply Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.97M
Owner & transaction history
Lennar Homes Of Texas Land And Cons · 1 yrs held
Lennar Homes Of Texas Land And Cons
since 2024
4 recorded transactions
Zoning & alternative use
Z57 · Irving, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Irving submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Irving submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$19 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$187,011
Tax year 2023
Assessed value
$8,829,810
Assessed 2023
Previous assessed
$8,829,810
+0.0% YoY
Effective rate
2.12%
On assessed value
Assessed land
$982,970
Assessed improvement
$7,846,840
Land market value
$982,970
Improvement market value
$7,846,840
Total market value
$8,829,810
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
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1982
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
5
Total area
102,000 SF
Lot
3.76 ac (163,829 SF)
Zoning code
Z57
APN
32714200000000000
UPID
US82-2929243
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z57 · Irving, TX
Zoning Z57 · permitted uses
Z57 · Irving, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Irving. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1982
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
5
Buildings
2
Lot
3.76 ac
Current owner
From public records · entity-resolved
Lennar Homes Of Texas Land And Cons
Individual
Free & Clear · 1 yrs held
Mailing address
1321 GREENWAY DR, IRVING, TX 75038-2504
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 15, 2024
—
Lennar Homes Of Texas Land And Cons
K Hovnanian Dfw Caldwell Lakes LLC
Special Warranty Deed
—
Aug 29, 2019
—
Primesource Bldg Products INC
—
Deed
related
—
May 18, 2009
—
Primesource Building Products
Trinet Essential Facilities Xi
Grant Deed
related
—
—
—
Primesource Bldg Products INC
—
Loan Modification
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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