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Property profile & analytics
OFF-MARKET
Estimated value
$690,000
Hotels
1401 Commerce St Dallas, TX 75201-4901
Entity Owned
26-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-2000332
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1923
Construction
STEEL FRAME
Total area
285,606 SF
Lot
0.43 ac (18,818 SF)
Zoning code
Z239
APN
101044000000
UPID
US82-2000332
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
-
Magnolia Dallas Downtown Hotel & Motel
-
Watch Unbox Store Department Store
-
Flying Horse Cafe Cafe & Coffee Shop
-
The Magnolia (Mobil) Building - Texas State Historical Marker Tour Operator
-
Andes Coil Processors Factory Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$805k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$577k
Blend (final)
Blend
$690k
Owner & transaction history
Holtze Magnolia Lllp
Holtze Magnolia Lllp
1 recorded transaction
Zoning & alternative use
Z239 · Dallas, 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 Dallas submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dallas 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
Method
Estimation
Statistic approach
by Request
ML approach
$805,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$690k
Range $621k – $759k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$2 / 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
$636,802
Tax year 2023
Assessed value
$27,750,000
Assessed 2023
Previous assessed
$27,750,000
+0.0% YoY
Effective rate
2.29%
On assessed value
Assessed land
$1,787,710
Assessed improvement
$25,962,290
Land market value
$1,787,710
Improvement market value
$25,962,290
Total market value
$27,750,000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1923
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
28
Units
325
Total area
285,606 SF
Lot
0.43 ac (18,818 SF)
Zoning code
Z239
APN
101044000000
UPID
US82-2000332
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z239 · Dallas, TX
Zoning Z239 · permitted uses
Z239 · Dallas, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Dallas. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1923
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
Yes
Stories
28
Units
325
Lot
0.43 ac
Current owner
From public records · entity-resolved
Holtze Magnolia Lllp
Entity
Mailing address
1785 STATE HWY 26TH STE #400, GRAPEVINE, TX 76051-2217
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
—
—
Holtze Magnolia Lllp
—
Deed Of Trust
related
$18,500,000 · Artesia Mortgage Capital Corp
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.
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