2645 Lyndon B Johnson Fwy Farmers Branch, TX 75234-7301
This exceptional 350-key hotel presents a compelling investment opportunity. Located at 2645 Lyndon B Johnson Fwy in Dallas, Texas (zip code 75234), this six-story, 217,789 square foot property sits on a 7.12-acre lot and boasts 467 parking spaces. Built in 1970 and renovated in 2013, the hotel benefits from a prime location with direct access to LBJ Freeway and Interstate 35, experiencing high daily traffic volume. The property is situated within the Dallas-Fort Worth MSA, midway between Downtown Dallas and Frisco, offering convenient access to major demand generators. Currently operating under a temporary Wyndham franchise agreement, the property offers a new owner the flexibility to retain the Wyndham brand or rebrand to another option, such as Sonesta. The sale includes the fee simple interest, unencumbered by debt or existing management contracts, providing complete operational control. The property is offered below replacement cost, presenting significant value-add potential through renovations and strategic management. With limited new hotel construction in the submarket, this presents a low-risk, high-reward opportunity for a motivated buyer. The property's APN is 24149540000010000 and is zoned PD. The seller is a private equity firm seeking to divest this asset. The property is approximately ten minutes from DFW International Airport and twelve minutes from Downtown Dallas.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Z236 · Farmers Branch, TXFarmers Branch. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.