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Property profile & analytics
OFF-MARKET
Estimated value
$605,000
Hotels
2323 Imperial Dr Irving, TX 75062-5943
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US82-2294713
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2000
Construction
FRAME
Total area
32,524 SF
Lot
1.89 ac (82,241 SF)
Zoning code
Z83
APN
322056600A0020000
UPID
US82-2294713
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
-
Hawthorn Suites By Wyndham Irving DFW South Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$815k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$400k
Blend (final)
Blend
$605k
Owner & transaction history
Isa Hospitality INC · 12 yrs held
Isa Hospitality INC
since 2014
7 recorded transactions
Zoning & alternative use
Z83 · 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
$815,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$515,000
Current use
Blend value · Realmo final
$605k
Range $545k – $666k · ±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
$19 / 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
$54,602
Tax year 2023
Assessed value
$2,525,000
Assessed 2023
Previous assessed
$2,525,000
+0.0% YoY
Effective rate
2.16%
On assessed value
Assessed land
$460,550
Assessed improvement
$2,064,450
Land market value
$460,550
Improvement market value
$2,064,450
Total market value
$2,525,000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
2000
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Units
54
Total area
32,524 SF
Lot
1.89 ac (82,241 SF)
Zoning code
Z83
APN
322056600A0020000
UPID
US82-2294713
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z83 · Irving, TX
Zoning Z83 · permitted uses
Z83 · 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
HOTEL/MOTEL Current
Est. value
$515,000
HOTEL/MOTEL Current
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
2000
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
2
Units
54
Lot
1.89 ac
Current owner
From public records · entity-resolved
Isa Hospitality INC
Entity
Mailing address
2323 IMPERIAL DR, IRVING, TX 75062-5943
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 17, 2014
—
Isa Hospitality INC
Dts Lodging INC
Venders Lien
$890,000 · Wilshire Bank
Jan 3, 2012
$1,000,000
Dts Lodging INC
Drumm,david G
Trustees Deed
—
Jan 13, 2000
—
Axar Hotel LLC
Shreeji Investment I LP
Grant Deed
$140,000 · Seller
—
—
Dts Lodging INC
—
Deed Of Trust
related
$900,000 · First State Bank
—
—
Axar Hotel LLC
—
Deed Of Trust
related
$200,904 · Property Tax Lending LP
—
—
Axar Hotel LLC
—
Deed Of Trust
related
$200,904 · Property Tax Lending LP
—
—
Axar Hotel LLC
—
Deed Of Trust
related
$18,018 · Property Tax Lending LP
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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