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Property profile & analytics
OFF-MARKET
Estimated value
$2,160,000
Commercial real estate
2008 Central Expy, Mckinney, TX 75070-2910
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US82-7741846
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2013
Total area
53,324 SF
Lot
2 ac (87,033 SF)
APN
R-2161-00A-1IR1-1
UPID
US82-7741846
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
-
Hampton Inn & Suites McKinney Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.16M
Owner & transaction history
Nysa Hotels LLC · 7 yrs held
Nysa Hotels LLC
since 2018
7 recorded transactions
Zoning & alternative use
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 Mckinney submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mckinney 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$41 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$99,578
Tax year 2022
Assessed value
$6,950,000
Assessed 2023
Previous assessed
$4,968,832
+39.9% YoY
Effective rate
1.43%
On assessed value
Assessed land
$1,174,650
Assessed improvement
$5,775,350
Land market value
$1,174,650
Improvement market value
$5,775,350
Total market value
$6,950,000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2013
Heating
NONE
Stories
1
Units
79
Total area
53,324 SF
Lot
2 ac (87,033 SF)
APN
R-2161-00A-1IR1-1
UPID
US82-7741846
Jurisdiction
COLLIN
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
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
2013
Heating
NONE
Stories
1
Units
79
Lot
2 ac
Current owner
From public records · entity-resolved
Nysa Hotels LLC
Entity
Mailing address
6209 INDIAN BLANKET TRL, FLOWER MOUND, TX 75028-6225
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 18, 2018
—
Nysa Hotels LLC
Mhi Investors Group LLC
Warranty Deed
$787,500 · Basis R/e Cap II
May 4, 2017
—
Mckinney Investors Group LLC
—
Loan Modification
related
$5,639,849 · Golden Bk
Apr 11, 2017
—
Mckinney Investors Group LLC
—
Deed
related
$5,387,921 · Golden Bk
Jul 29, 2013
—
Mckinney Investors Group LLC
Akal III Management INC
Trustees Deed
$5,639,849 · Golden Bk
Jan 20, 2009
—
Akal III Management INC
—
Loan Modification
related
$390,000 · Millennium St Bk/tx
Jul 20, 2007
—
Akal III Management INC
Weingarten Realty Investors
Grant Deed
$100,000 · Property Tax Lndg
—
—
Mckinney Investors Group LLC
—
Loan Modification
related
$4,835,718 · Golden Bk
—
—
Mckinney Investors Group LLC
—
Loan Modification
related
$5,078,714 · Golden Bk
—
—
Mckinney Investors Group LLC
—
Loan Modification
related
$5,639,849 · Golden Bk
—
—
Akal III Management INC
—
Loan Modification
related
$100,000 · Property Tax Lndg
—
—
Akal III Management INC
—
Deed Of Trust
related
$390,000 · Millennium St Bk/tx
—
—
Mckinney Investors Group LLC
—
Deed Of Trust
related
$1,200,000 · Golden Bk
—
—
Mckinney Investors Group LLC
—
Loan Modification
related
$5,387,921 · Golden Bk
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.
Try Rey
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