Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    13348 Central Expy Dallas, TX 75243
    Back to Search
    Property profile & analytics

    13348 Central Expy, Dallas, TX 75243

    View on Map
    • Hotels
    • 17,193 SF
    • 0.83 lot acres
    Off-Market
    Property ID
    US82-3926954
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Hotels

    Property Details for 13348 Central Expy

    Year built
    2001
    Construction
    FRAME
    Lot size
    0.83 lot acres
    Zone code
    Z151
    Property type
    Hotels
    APN
    007762000A0020000
    APU
    007762000A0020000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Sep 12, 2013 — Bestway Host LP Hggs Corp Venders Lien $1.4M · State Bank Of Texas
    Jan 17, 2008 — Hggs Corp Mph Group LLC Warranty Deed $1.8M · First National Bank
    Mar 30, 2001 — A Dream Hospitality LLC Triad Santa Clara LP Grant Deed · related —
    — — Bestway Host LP — Deed Of Trust · related $1.4M · Prosperity Bank

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Dallas
    County
    Dallas
    State
    Texas
    Longitude
    -96.7609
    Latitude
    32.9289
    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
    $32,361
    $539,640
    $795,360
    $1,335,000
    -
    $539,640
    $795,360
    $1,335,000

    Comparable in this City

    • Value Estimation
      $1,180,000
      78,600 SF

      12411 Central Expy

      HOTEL
      12411 Central Expy, Dallas, TX 75243-1701
      View Details
    • Value Estimation
      $1,660,000
      140,007 SF

      9519 Frst Ln

      HOTEL
      9519 Frst Ln, Dallas, TX 75243-5901
      View Details
    • Value Estimation
      $725,000
      44,952 SF

      9089 Vantage Pt Dr

      HOTEL
      9089 Vantage Pt Dr, Dallas, TX 75243-3581
      View Details
    • Value Estimation
      $940,000
      48,759 SF

      12301 Central Expy

      HOTEL
      12301 Central Expy, Dallas, TX 75243-3721
      View Details
    • Value Estimation
      $810,000
      47,649 SF

      13165 Central Expy

      HOTEL
      13165 Central Expy, Dallas, TX 75243-1115
      View Details
    • Value Estimation
      $750,000
      70,828 SF

      9019 Vantage Pt Dr

      HOTEL
      9019 Vantage Pt Dr, Dallas, TX 75243-3581
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Comfort Suites North Dallas Hotel

      Hotel near Dallas Galleria, George W. Bush Library, and Aquarium.
      13165 N Central Expy, Dallas, TX 75243
      View Details
    • Contact for pricing
      241,758 SF

      Prime Mixed-Use Development Opportunity

      High-density mixed-use development site with excellent thoroughfare access.
      12224 N Central Expy, Dallas, TX 75243
      View Details
    • Contact for pricing
      15,286 SF

      Church Campus Ready for Expansion

      Well-maintained church campus with expansion potential in Dallas, Texas.
      8568 Stults Rd, Dallas, TX 75243
      View Details
    • Contact for pricing
      7,920 SF

      Two-Unit Building with Office/Warehouse

      Two-unit building featuring office and warehouse spaces, mechanic shop tenant.
      13550 Vargon St, Dallas, TX 75243
      View Details
    • $450,000
      6.08 Acres

      Income-Producing Apartment Portfolio

      Own a fully leased five-unit 1-bedroom rental portfolio near Richland College, ideal for income-focused investors.
      9605 Walnut St, Dallas, TX 75243
      View Details
    • $100,000
      0.07 Acres

      North Dallas Vacant Lot

      Rare opportunity to build in North Dallas near Timberleaf Park.
      9483 Timberleaf Dr, Dallas, TX 75243
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Commercial Space Available For Lease

      Commercial property available for lease at 11530 Chairman Dr.
      11530 Chairman Dr, Dallas, TX 75243
      View Details
    • Contact for pricing
      2,918 SF

      Retail Space on LBJ Freeway

      Retail space available for lease on LBJ Freeway.
      9322 Lbj Fwy, Dallas, TX 75243
      View Details
    • Contact for pricing

      Retail Space Near Medical City

      Retail space with high visibility near a major hospital.
      11613 N Central Expy, Dallas, TX 75243
      View Details
    • Contact for pricing
      4,321 SF

      Medical/Office Space For Lease

      High-volume medical/office space with ample parking and patient-friendly access.
      12606 Greenville Ave, Dallas, TX 75243
      View Details
    • Contact for pricing
      25,730 SF

      Industrial Warehouse Space in Dallas

      25,730 SF warehouse space available for lease in Dallas.
      9244 Markville Dr, Dallas, TX 75243
      View Details
    • Contact for pricing
      20,000 SF

      20,000 SF Retail Space Available

      Retail space available fronting Central Expressway in Dallas, Texas.
      11100-11250 N Central Expy, Dallas, TX 75243
      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.
    13348 Central Expy
    Dallas, TX 75243
    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
    13348 Central Expy, Dallas, TX, 75243
    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!