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Property profile & analytics
OFF-MARKET
Estimated value
$910,000
Hotels
1577 Gtwy Blvd Richardson, TX 75080-3557
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US82-7091488
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1986
Construction
TILT-UP CONCRETE
Total area
56,223 SF
Lot
2.1 ac (91,476 SF)
Zoning code
Z31
APN
422560000C0030000
UPID
US82-7091488
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
-
Blink Charging Station Electric Vehicle Charging Station
-
Embassy suites hotel and convention center Hotel & Motel
-
Wingate by Wyndham Richardson/Dallas Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$910k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$904k
Blend (final)
Blend
$910k
Owner & transaction history
Richardson Hotel Group LP · 3 yrs held
Richardson Hotel Group LP
since 2023
7 recorded transactions
Zoning & alternative use
Z31 · Richardson, 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 Richardson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Richardson 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
$910,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$1,115,000
Current use
Blend value · Realmo final
$910k
Range $819k – $1.00M · ±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
$16 / 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
$101,218
Tax year 2023
Assessed value
$4,500,000
Assessed 2023
Previous assessed
$4,500,000
+0.0% YoY
Effective rate
2.25%
On assessed value
Assessed land
$548,860
Assessed improvement
$3,951,140
Land market value
$548,860
Improvement market value
$3,951,140
Total market value
$4,500,000
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
1986
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Stories
4
Units
127
Total area
56,223 SF
Lot
2.1 ac (91,476 SF)
Zoning code
Z31
APN
422560000C0030000
UPID
US82-7091488
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z31 · Richardson, TX
Zoning Z31 · permitted uses
Z31 · Richardson, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Richardson. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$1.1M
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
1986
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
4
Units
127
Lot
2.1 ac
Current owner
From public records · entity-resolved
Richardson Hotel Group LP
Entity
Mailing address
1200 W WALNUT HL LN #2525, IRVING, TX 75038-3029
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 1, 2023
—
Richardson Hotel Group LP
Rss Comm2015 Lc251 Tx Rl LLC
Venders Lien
$6,000,000 · American National Bank & Trust
Jun 7, 2022
—
Rss Comm 2015 Lc21 Tx Rl LLC
Richardson Lodging LLC
Trustees Deed
related
—
Aug 16, 2006
—
Shree II Siddhi Vinayak Ltd
Owner Name Unavailable
Grant Deed
related
—
Jun 30, 1997
—
Equity Inns Partnership LP
Hampton/ghi Associates #1
Grant Deed
related
—
—
—
Richardson Lodging LLC
—
Deed Of Trust
related
$6,700,000 · Ladder Cap Fin
—
—
Shree II Siddhi Vinayak Ltd
—
Deed Of Trust
related
$9,000,000 · General Electric Capital Corp
—
—
Shree II Siddhi Vinayak Ltd
—
Deed Of Trust
related
$1,998,000 · Capital Certified Dev 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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