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1610 Corporate Ct, Irving, TX 75038
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Property summary
AI-generated overview
1610 Corporate is a single-story office building with a total floor area of 14,630 SF, constructed in 1982, and configured for office use within the Corporate Court area. The property is situated along Corporate Drive and Gateway Drive near President George Bush Freeway and John Carpenter Freeway, with nearby landmarks and amenities including Water Street, Toyota Music Factory, and the Irving Convention Center. The existing one-level footprint supports professional and back-office functions, providing practical day-to-day access and straightforward space planning based on the building’s established layout and surrounding commercial development.
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1982
Construction
TILT-UP CONCRETE
Total area
14,630 SF
Lot
0.95 ac (41,338 SF)
Zoning code
Z57
APN
327120000A0020000
UPID
US82-3192597
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
-
Electronics & Wireless Store
-
Employment Agency
-
Tech Support Center (Bike/Boat/Book/etc) Store
-
Financial Advisor
-
(Bike/Boat/Book/etc) Store Corporate Office
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.82M
Blend (final)
Blend
$1.89M
Owner & transaction history
since 2017
7 recorded transactions
Zoning & alternative use
Z57 · Irving, TX
Top alternative use upside
Restaurant
$1.9M
+43.5%
Medical building
$1.5M
+16.5%
Auto repair, garage
$1.5M
+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.
Full NOI build-up · 6 steps
All 3 comparables with addresses
5 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional plan · 30 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$1.89M
Value range
$1.70M – $2.07M
±10% around blend
Estimated value / SF
$129 / SF
Confidence
Low
3 county-verified comps
Property data
100
Comparable evidence
30
Income certainty
100
$1.70M
blend $1.89M
$2.07M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
14,630 SF
Lot area
0.95 ac
Year built
1982
Stories
1
APN
327120000A0020000
Zoning
Z57
Assessed value
$1,133,260
Annual tax
$24,002
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$24,002
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$2.78M
Weighted, 3 comps · low confidence
Evidence
3 found · 3 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
17.7 mi away · 12,780 SF
24.7 mi away · 16,542 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.89M
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
Modeled
Market rent
Market benchmark
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: income and sales evidence cover the value conclusion.
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 · 3 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Professional plan · 30 reports
from $99/month
from $99/month
Overview
Selected market yield
9.06%
Selected cap rate for this showrooms
Derived from the Irving market rent, vacancy and expense benchmarks for this use type.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 9.06%
9.0%
NOI (est.)
$197k *
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$2.17M
Move the market yield to see immediate price impact.
Value / SF
$149
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
8.56%9.06%9.56%
$177k
$2.07M
$1.96M
$1.85M
$197k
$2.30M
$2.17M
$2.06M
$217k
$2.53M
$2.39M
$2.27M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
3 found
Low confidence · county-verified
Closest comparable
$2.37M
8.8 mi · Apr 2026 · $186/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$24,002
Tax year 2023
Assessed value
$1,133,260
Assessed 2023
Previous assessed
$1,133,260
+0.0% YoY
Effective rate
2.12%
On assessed value
Assessed land
$248,030
Assessed improvement
$885,230
Land market value
$248,030
Improvement market value
$885,230
Total market value
$1,133,260
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
1982
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
14,630 SF
Lot
0.95 ac (41,338 SF)
Zoning code
Z57
APN
327120000A0020000
UPID
US82-3192597
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z57 · Irving, TXZoning Z57 · permitted uses
Z57 · 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
1982
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.95 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
Z57
Jurisdiction
Irving, TX
Recorded code
Z57
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for Z57 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.
One complete report on every paid plan · 30 · 300 reports per month.
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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