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Property profile & analytics
FOR LEASE
Strip malls
1706 W Irving Blvd Irving, TX 75061
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US82-4103321
For Lease
1 / 2
Contact for pricing
1706 W Irving Blvd, Irving, TX 75061
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Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1964
Construction
TILT-UP CONCRETE
Total area
67,407 SF
Lot
9.82 ac (427,846 SF)
Zoning code
Z198
APN
32063560010010000
UPID
US82-4103321
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
-
Irving Gymnastics Gym & Fitness Center
-
Planet Fitness Gym & Fitness Center
-
Dance Studio Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.81M
Owner & transaction history
Ccg Cp Irving Partners LP · 4 yrs held
Ccg Cp Irving Partners LP
since 2022
7 recorded transactions
Zoning & alternative use
Z198 · Irving, 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 Irving submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Irving 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.81M
Range $1.63M – $1.99M · ±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
$27 / 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
$141,909
Tax year 2023
Assessed value
$6,562,430
Assessed 2023
Previous assessed
$6,562,430
+0.0% YoY
Effective rate
2.16%
On assessed value
Assessed land
$2,567,030
Assessed improvement
$3,995,400
Land market value
$2,567,030
Improvement market value
$3,995,400
Total market value
$6,562,430
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Lease
Year built
1964
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Buildings
3
Stories
1
Total area
67,407 SF
Lot
9.82 ac (427,846 SF)
Zoning code
Z198
APN
32063560010010000
UPID
US82-4103321
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z198 · Irving, TXZoning Z198 · permitted uses
Z198 · Irving, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1964
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
3
Lot
9.82 ac
Current owner
From public records · entity-resolved
Ccg Cp Irving Partners LP
Entity
Mailing address
3131 N TURTLE CRK BLVD STE #900, DALLAS, TX 75219-5486
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 14, 2022
—
Ccg Cp Irving Partners LP
Central Park Partners Ltd
Venders Lien
$9,150,000 · Independent Bank
Apr 1, 2019
—
Central Park Partners Ltd
—
Deed
related
—
May 21, 2018
—
Central Park Partners Ltd
—
Deed
related
$500,000 · Independent Bank
Mar 3, 2016
—
Central Park Partners Ltd
J Evans Family Limited Partnership-
Special Warranty Deed
$4,900,000 · Independent Bank
Feb 22, 2013
—
J Evans Family Limited Partnership
Larissa Moray Irving 2 Lc
Venders Lien
$4,207,500 · American Bank Of Texas
Dec 28, 2007
—
Larissa Moray Irving 2 Lc
Larissa Moray Irving Ltd
Quit Claim Deed
$3,000,000 · Viewpoint Bank
—
—
Central Park Partners Ltd
—
Deed Of Trust
related
—
—
—
Larissa Moray Irving Ltd
—
Deed Of Trust
related
$2,725,000 · Gmac Commercial Mortgage Corp
—
—
Larissa Moray Irving 2 Lc
—
Deed Of Trust
related
$3,000,000 · Viewpoint 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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