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Property profile & analytics
OFF-MARKET
Estimated value
$2,415,000
Office buildings
1707 Market Pl Irving, TX 75063-8074
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US82-1619843
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2001
Construction
TILT-UP CONCRETE
Total area
173,680 SF
Lot
10.29 ac (448,450 SF)
Zoning code
Z393
APN
32378950010010000
UPID
US82-1619843
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.42M
Owner & transaction history
Lucky Property Irving LLC · 1 yrs held
Lucky Property Irving LLC
since 2024
7 recorded transactions
Zoning & alternative use
Z393 · 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
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$3,565,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$2.42M
Range $2.17M – $2.66M · ±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
$14 / 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
$436,297
Tax year 2023
Assessed value
$20,600,000
Assessed 2023
Previous assessed
$20,600,000
+0.0% YoY
Effective rate
2.12%
On assessed value
Assessed land
$4,484,500
Assessed improvement
$16,115,500
Land market value
$4,484,500
Improvement market value
$16,115,500
Total market value
$20,600,000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2001
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
3
Total area
173,680 SF
Lot
10.29 ac (448,450 SF)
Zoning code
Z393
APN
32378950010010000
UPID
US82-1619843
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z393 · Irving, TX
Zoning Z393 · permitted uses
Z393 · Irving, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Irving. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL)
Est. value
$3.6M
INDUSTRIAL (GENERAL)
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
2001
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
3
Buildings
2
Lot
10.29 ac
Current owner
From public records · entity-resolved
Lucky Property Irving LLC
Entity
Mailing address
1707 MARKET PL STE #100, IRVING, TX 75063-8050
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
22 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 17, 2024
—
Lucky Property Irving LLC
Silver Star Cre LLC
Special Warranty Deed
$7,650,000 · Regent Bank
Apr 12, 2024
—
Lennar Homes Of Texas Sales & Marke
Lennar Homes Of Texas Land And Cons
Warranty Deed
—
Mar 12, 2024
—
Lennar Homes Of Texas Sales And Mkt
Lennar Homes Of Texas Land And Cons
Intrafamily Transfer
related
—
Aug 26, 2020
—
Lennar Hms
Lennar Hms
Quit Claim Deed
related
—
Oct 2, 2018
—
Hartman Spe LLC
Hartman Westway One LLC
Quit Claim Deed
related
—
Jun 3, 2016
—
Hartman Westway One LLC
Market Place Boulevard Irving LLC
Special Warranty Deed
$10,819,000 · Southside Bank
Feb 22, 2013
—
Place Boulevard Irving Market
Grace F Phillips-market Plac
Quit Claim Deed
related
—
Sep 13, 2007
—
Place Boulevard Irving Market
Wells Exchange-market Place Bo
Quit Claim Deed
related
$6,052,500 · Capmark Financial INC
Aug 20, 2007
—
Clark R/e Holdings-market Plac
Wells Exchange-market Place Bo
Grant Deed
related
$6,052,500 · Capmark Financial INC
Aug 7, 2007
—
Don A Jenkins-market Pla Bou
Wells Exchange-market Place Bo
Grant Deed
$6,052,500 · Capmark Financial INC
Jul 6, 2007
—
Long-market Place Boulevard Ir
Wells Exchange-market Place Bo
Grant Deed
related
—
Jun 12, 2007
—
Fam-market Place Boule Doughty
Wells Exchange-market Place Bo
Grant Deed
$6,052,500 · Capmark Financial INC
May 2, 2007
—
Gilfred Freese-market Place Bo
Wells Exchange-market Place Bo
Grant Deed
related
—
Apr 20, 2007
—
W Brannon-market Place B Jerry
Wells Exchange-market Place Bo
Grant Deed
$6,052,500 · Capmark Financial INC
Apr 2, 2007
—
Bill-co-market Place Boulevard
Wells Exchange-market Place Bo
Grant Deed
$6,052,500 · Capmark Financial INC
Mar 30, 2007
—
Michael R Blackstock-market Pl
Wells Exchange-market Place Bo
Grant Deed
$6,052,500 · Capmark Financial INC
Mar 1, 2007
—
James Eldridge Realty Holdings
Wells Exchange-market Place Bo
Grant Deed
related
$6,052,500 · Capmark Financial INC
Jan 19, 2007
—
Grace F Phillips-market Place
Wells Exchange-market Place Bo
Grant Deed
$6,052,500 · Capmark Financial INC
Jul 21, 2006
—
Exchange-market Place Bo Wells
Transwestern Sf Partners I
Grant Deed
$6,052,500 · Capmark Financial INC
—
—
Exchange-market Place Wells
—
Deed Of Trust
related
$6,052,500 · German American Capital Corp
—
—
Exchange Marketplace Bou Wells
—
Deed Of Trust
related
$6,052,500 · Capmark Financial INC
—
—
Exchange Marketplace Bou Wells
—
Deed Of Trust
related
$6,052,500 · Capmark Financial INC
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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