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Property profile & analytics
OFF-MARKET
Estimated value
$1,495,000
Showrooms
2251 Century Ctr Blvd Irving, TX 75062-4907
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US82-3661002
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1994
Construction
TILT-UP CONCRETE
Total area
7,056 SF
Lot
1.02 ac (44,250 SF)
Zoning code
Z49
APN
32064200000100000
UPID
US82-3661002
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
-
Amber Electrical Contractors, Inc Electrical Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.58M
Comparable Approach
Comparable
$1.41M
Blend (final)
Blend
$1.50M
Owner & transaction history
2251 Century Center Properties LLC · 3 yrs held
2251 Century Center Properties LLC
since 2022
7 recorded transactions
Zoning & alternative use
Z49 · 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%
$1,710,000
6.5%
$1,575,000
7%
$1,465,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,125,000
Current use
RESTAURANT
$950,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$1.50M
Range $1.35M – $1.64M · ±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
$212 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$19,564
Tax year 2024
Assessed value
$755,140
Assessed 2024
Previous assessed
$755,140
+0.0% YoY
Effective rate
2.59%
On assessed value
Assessed land
$287,630
Assessed improvement
$467,510
Land market value
$287,630
Improvement market value
$467,510
Total market value
$755,140
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1994
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
7,056 SF
Lot
1.02 ac (44,250 SF)
Zoning code
Z49
APN
32064200000100000
UPID
US82-3661002
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z49 · Irving, TX
Zoning Z49 · permitted uses
Z49 · 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
COMMERCIAL (GENERAL) Current
Est. value
$1.1M
RESTAURANT
Est. value
$950,000
COMMERCIAL (GENERAL) Current
RESTAURANT
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
1994
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
1.02 ac
Current owner
From public records · entity-resolved
2251 Century Center Properties LLC
Entity
Mailing address
2251 CENTURY CTR BLVD 2251ST CENTURY CE BLVD, IRVING, TX 75062
Mailing matches property
Yes
Owner-occupied
Yes
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
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 26, 2022
—
2251 Century Center Properties LLC
Steven Ray Kennedy
Warranty Deed
—
Jan 10, 2018
—
Kennedy Family Trust
—
Deed
related
—
Apr 20, 2017
—
Kennedy Family Trust
Kennedy,steve & Terri
Quit Claim Deed
related
—
Nov 21, 2016
—
Steve Kennedy
—
Deed
related
—
Dec 18, 2009
—
Steve Kennedy
—
Trustees Deed
related
$700,000 · Inwood National Bank
Dec 15, 2008
—
Steve Kennedy
—
Trustees Deed
related
—
Dec 19, 2007
—
Steve Kennedy
—
Trustees Deed
related
$700,000 · Inwood National Bank
—
—
Steve Kennedy
—
Deed Of Trust
related
$700,000 · Inwood National Bank
—
—
Steve Kennedy
—
Loan Modification
related
$700,000 · Inwood Nat'l Bk
—
—
Steven Kennedy
—
Deed Of Trust
related
$700,000 · Inwood National Bank
—
—
Steve Kennedy
—
Deed Of Trust
related
$700,000 · Inwood National Bank
—
—
Steve|amber Electrical Contracto Kennedy
—
Loan Modification
related
$700,000 · Inwood Nat'l Bk
—
—
Steve Kennedy
—
Deed Of Trust
related
$700,000 · Inwood National Bank
—
—
Steve Kennedy
—
Loan Modification
related
—
—
—
Kennedy Family Trust
—
Loan Modification
related
—
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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