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Property profile & analytics
OFF-MARKET
Estimated value
$370,000
Strip malls
2240 Market Pl Blvd Irving, TX 75063-8072
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US82-3802914
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2006
Construction
TILT-UP CONCRETE
Total area
8,456 SF
Lot
1.39 ac (60,679 SF)
Zoning code
Z44
APN
322798100A0040000
UPID
US82-3802914
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
-
US Coast Guard Recruiting Military Recruiting Office
-
Look Eyecare & Eyewear (Bike/Boat/Book/etc) Store
-
Joseph Strickland Dental Office
-
Dr. Kalpesh Patel Dental Office
-
Jaime Gonzalez Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$460k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$370k
Owner & transaction history
24 Retail Hunter Plaza LLC · 7 yrs held
24 Retail Hunter Plaza LLC
since 2019
6 recorded transactions
Zoning & alternative use
Z44 · 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
$460,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$370k
Range $333k – $407k · ±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
$44 / 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
$51,414
Tax year 2023
Assessed value
$2,350,000
Assessed 2023
Previous assessed
$2,350,000
+0.0% YoY
Effective rate
2.19%
On assessed value
Assessed land
$606,790
Assessed improvement
$1,743,210
Land market value
$606,790
Improvement market value
$1,743,210
Total market value
$2,350,000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2006
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
8,456 SF
Lot
1.39 ac (60,679 SF)
Zoning code
Z44
APN
322798100A0040000
UPID
US82-3802914
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z44 · Irving, TXZoning Z44 · permitted uses
Z44 · 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
2006
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
1.39 ac
Current owner
From public records · entity-resolved
24 Retail Hunter Plaza LLC
Entity
Mailing address
4683 CHABOT DR STE #220, PLEASANTON, CA 94588-3829
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 29, 2019
—
24 Retail Hunter Plaza LLC
24bb Investment Partners Lllp
Trustees Deed
$14,000,000 · Cibc
Sep 19, 2018
—
24bb Investment Partners Lllp
—
Loan Modification
related
$15,522,000 · Other Institutional Lenders
Jun 4, 2018
—
24bb Investment Partners Lllp
Market Place Blvd Hl 1800-2280
Grant Deed
$14,822,000 · Other Institutional Lenders
Aug 1, 2017
$15,000,000
1800-2280 Market Place Bouleva
Smith Steven R|nnn Hunter Plaza LLC
Trustees Deed
related
—
Feb 28, 2007
—
Nnn Hunter Plaza LLC
Lbj 24
Grant Deed
related
—
—
—
Lloyd E Nichols Ins Agcy INC
—
Deed Of Trust
related
$60,000 · United Community 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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