Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1531 Irving Blvd Irving, TX 75060-4404
    Back to Search
    Property profile & analytics

    1531 Irving Blvd, Irving, TX 75060-4404

    View on Map
    • Office Spaces
    • 320 SF
    • 0.20 lot acres
    Off-Market
    Last Sale Jun 24, 2025
    Property ID
    US82-3140556
    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

    • Dallas Utility Trucks LLC / Car Dealership
    • Lonestar Automart Inc. / Car Dealership
    • Iglesia Cristiana Cuidad De Sion / Church

    Property Details for 1531 Irving Blvd

    Year built
    1969
    Construction
    FRAME
    Lot size
    0.20 lot acres
    Zone code
    Z42
    Property type
    Office Spaces
    APN
    325398700A0010000
    APU
    325398700A0010000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Sep 24, 2025 — Alaniz Real Estate Investments LLC Darlene S Wagner Deed $200k · Darlene Wagner

    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
    Irving
    County
    Dallas
    State
    Texas
    Longitude
    -96.9261
    Latitude
    32.8082
    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
    $1,928
    $51,000
    $38,160
    $89,160
    -
    $51,000
    $38,160
    $89,160

    Comparable in this City

    • Value Estimation by Request
      900 SF

      1810 Irving Blvd

      OFFICE (GENERAL)
      1810 Irving Blvd, Irving, TX 75060-4512
      View Details
    • Value Estimation by Request
      320 SF

      1702 Irving Blvd

      OFFICE (GENERAL)
      1702 Irving Blvd, Irving, TX 75060-4510
      View Details
    • Value Estimation by Request
      1,144 SF

      1144 Irving Blvd

      OFFICE (GENERAL)
      1144 Irving Blvd, Irving, TX 75060-4353
      View Details
    • Value Estimation
      $520,000
      2,160 SF

      1401 Loop 12

      OFFICE (GENERAL)
      1401 Loop 12, Irving, TX 75060-6321
      View Details
    • Value Estimation by Request
      1,202 SF

      1201 Wildwood Dr

      Office Spaces
      1201 Wildwood Dr, Irving, TX 75060
      View Details
    • Value Estimation by Request
      1,060 SF

      770 Irving Blvd

      OFFICE (GENERAL)
      770 Irving Blvd, Irving, TX 75060-3046
      View Details

    Similar Nearby for Sale

    • $499,000
      1,202 SF

      Prime Irving Office Building

      1,202 SF Office, 0.46 Acres
      1201 Wildwood Dr, Irving, TX 75060
      View Details
    • Contact for pricing

      Versatile Commercial Property in Irving

      Commercial property suitable for automotive and office use.
      1006 W 6Th St, Irving, TX 75060
      View Details
    • $1,000,000
      0.81 Acres

      Day Care Center with Retail Opportunity

      Two-building corner property with fenced yard and drive-up appeal, zoned for professional office use including day care.
      2105 W Shady Grove Rd, Irving, TX 75060
      View Details
    • Contact for pricing
      3,070 SF

      Irving Commercial Property For Sale

      Two buildings on a large lot, ideal for daycare.
      2105 W Shady Grove Rd, Irving, TX 75060
      View Details
    • Contact for pricing

      Mixed-Use Development Opportunity in Irving

      Prime redevelopment land bank property for mixed-use development.
      100 W Rock Island Rd, Irving, TX 75060
      View Details
    • Contact for pricing

      Irving Land for Sale

      129-acre land in Irving, TX, zoned for commercial and agriculture.
      900 W Hunter Ferrell Rd, Irving, TX 75060
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space Near Train Station

      Retail space with potential for patio and city incentives.
      208 E Irving Blvd, Irving, TX 75060
      View Details
    • Contact for pricing
      345 SF

      Retail Suites in Heritage Crossing

      Two adjoining retail suites in historic district, utilities included.
      136 S Main St, Irving, TX 75060
      View Details
    • Contact for pricing
      5,000 SF

      Irving Warehouse Space Available

      Warehouse space with convenient access to major highways.
      500 S Belt Line Rd, Irving, TX 75060
      View Details
    • Contact for pricing

      Retail Center in South Irving

      Retail center located at Shady Grove and Story Road.
      Shady Grv Rd. & Story Rd, Irving, TX 75060
      View Details
    • Contact for pricing
      167,595 SF

      Grand Prairie Warehouse Space Available

      167,595 SF warehouse with easy highway and airport access.
      2451 N Belt Line Rd, Grand Prairie, TX 75060
      View Details
    • $1,800 /Mo
      18,121 SF

      Open-Concept Retail Suite

      Bright, flexible retail space with ample front and back parking for a wide range of business uses.
      124 S Hastings St, Irving, TX 75060
      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.
    1531 Irving Blvd
    Irving, TX 75060-4404
    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
    1531 Irving Blvd, Irving, TX, 75060
    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!