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Property profile & analytics
OFF-MARKET
Estimated value
$845,000
Motels
15200 Addison Rd Addison, TX 75001-4547
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US82-0248651
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1999
Construction
FRAME
Total area
42,348 SF
Lot
1.53 ac (66,560 SF)
Zoning code
Z236
APN
100049100A0010000
UPID
US82-0248651
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
-
Hawthorn Suites by Wyndham Addison Galleria Hotel & Motel
-
Blink Charging Station Electric Vehicle Charging Station
-
Addison Goat Trail Hiking Area
-
Mainstay Suites Addison-Dallas Hotel & Motel Vacation Rental
-
Elegant Eventss PR & Tarot Marketing & Advertising Advertising Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.05M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$651k
Blend (final)
Blend
$845k
Owner & transaction history
Arka Hotels Group LLC · 5 yrs held
Arka Hotels Group LLC
since 2021
7 recorded transactions
Zoning & alternative use
Z236 · Addison, 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 Addison submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Addison 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
$1,045,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$840,000
Current use
Blend value · Realmo final
$845k
Range $761k – $930k · ±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
$20 / 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
$70,272
Tax year 2023
Assessed value
$3,240,000
Assessed 2023
Previous assessed
$3,240,000
+0.0% YoY
Effective rate
2.17%
On assessed value
Assessed land
$1,198,150
Assessed improvement
$2,041,850
Land market value
$1,198,150
Improvement market value
$2,041,850
Total market value
$3,240,000
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1999
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
3
Units
70
Total area
42,348 SF
Lot
1.53 ac (66,560 SF)
Zoning code
Z236
APN
100049100A0010000
UPID
US82-0248651
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z236 · Addison, TX
Zoning Z236 · permitted uses
Z236 · Addison, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Addison. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$840,000
HOTEL/MOTEL Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1999
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
3
Units
70
Lot
1.53 ac
Current owner
From public records · entity-resolved
Arka Hotels Group LLC
Entity
Mailing address
4555 BELT LINE RD, ADDISON, TX 75001-4516
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 12, 2023
—
Arka Hotels Group LLC
—
Deed
related
$1,375,000 · Liftfund
Jul 15, 2022
—
Arka Hotels Group LLC
—
Deed
related
$1,335,863 · Riverstone Bank
Jan 25, 2021
—
Arka Hotels Group LLC
Quality Group One LLC
Grant Deed
$3,500,000 · Investamark INC
May 19, 2014
—
Quality Group Ine LLC
Dhruv Hotels LP
Special Warranty Deed
$3,791,500 · Pacific Premier Bank
Jun 4, 2009
—
Dhruv Hotels
—
Trustees Deed
related
$350,000 · Coppermark Bank
Jun 28, 2006
—
Dhruv Hotels
Bidjaan Boutique Hotels Ltd
Grant Deed
$2,458,000 · Coppermark Bank
—
—
Dhruv Hotels LP
—
Deed Of Trust
related
$4,900,000 · Cathay Bank
—
—
Dhruv Hotels LP
—
Deed Of Trust
related
$1,920,000 · Cathay Bank
—
—
Dhruv Hotels LP
—
Loan Modification
related
$1,895,830 · Cathay Bank
—
—
Dhruv Hotels LP
—
Deed Of Trust
related
$1,894,892 · Coppermark Bank
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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