Entity Owned 
For Sale
Contact for pricing
1551 Corporate Dr, Irving, TX 75038
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Property summary
AI-generated overview
Warehouse facility located near DFW Airport featuring approximately 22-foot-plus ceiling heights and fully HVAC-controlled interior space. The building includes 6 dock doors and 1 drive-in ramp, along with ample on-site parking. It is configured to support industrial uses such as assembly lines, workshops, or other industrial operations, and offers additional second-floor storage and/or workshop space. The property also includes on-site recreational amenities, including a baseball court and running track, plus meeting rooms. The roof had been newly installed (per listing details).
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1981
Construction
TILT-UP CONCRETE
Total area
55,483 SF
Lot
11.9 ac (518,233 SF)
Zoning code
Z128
APN
325655400A01R0000
UPID
US82-2834881
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Corporate Office
-
Physician
-
Logistics Company Freight Service
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.91M
Blend (final)
Blend
$6.83M
Owner & transaction history
since 2011
1 recorded transaction
Zoning & alternative use
Z128 · Irving, TX
Top alternative use upside
Restaurant
$7.2M
+43.5%
Medical building
$5.8M
+16.5%
Auto repair, garage
$5.6M
+11.0%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 4 comparables with addresses
5 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$6.83M
Value range
$6.15M – $7.51M
±10% around blend
Estimated value / SF
$123 / SF
Confidence
Low
4 county-verified comps
Property data
100
Comparable evidence
40
$6.15M
blend $6.83M
$7.51M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
55,483 SF
Lot area
11.9 ac
Year built
1981
Stories
1
APN
325655400A01R0000
Zoning
Z128
Assessed value
$11,900,000
Annual tax
$252,036
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$8.87M
Weighted, 4 comps · low confidence
Evidence
4 found · 4 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
12.0 mi away · 54,893 SF
13.9 mi away · 64,650 SF
18.7 mi away · 53,939 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$6.83M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Alternative use screening
Partial preview
Top alternative use
Restaurant
Gross theoretical uplift
+43%
vs current-use indication
Medical Building
Auto Repair, Garage
Commercial (general) · current use
Retail Stores
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 4 sales
Market rates by use type
PDF export
Professional plan · 30 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$11.90M
Move the market yield to see immediate price impact.
Value / SF
$214
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$750k
$14.99M
$10.71M
$8.33M
$833k
$16.66M
$11.90M
$9.26M
$916k
$18.33M
$13.09M
$10.18M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
4 found
Low confidence · county-verified
Closest comparable
$1.70M
8.9 mi · Apr 2026 · $31/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$252,036
Tax year 2023
Assessed value
$11,900,000
Assessed 2023
Previous assessed
$11,900,000
+0.0% YoY
Effective rate
2.12%
On assessed value
Assessed land
$3,109,340
Assessed improvement
$8,790,660
Land market value
$3,109,340
Improvement market value
$8,790,660
Total market value
$11,900,000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
For Sale
Year built
1981
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Buildings
5
Stories
1
Total area
55,483 SF
Lot
11.9 ac (518,233 SF)
Zoning code
Z128
APN
325655400A01R0000
UPID
US82-2834881
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z128 · Irving, TXZoning Z128 · permitted uses
Z128 · Irving, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1981
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
5
Lot
11.9 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
Z128
Jurisdiction
Irving, TX
Recorded code
Z128
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for Z128 in Irving, TX.
What opens after registration
Zoning profile
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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