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Property profile & analytics
OFF-MARKET
Estimated value
$1,065,000
Hotels
4112 Carrier Pkwy Grand Prairie, TX 75052-3214
Entity Owned
24-yr Hold
~
Est. High Equity
Property ID
US82-4795882
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2004
Construction
FRAME
Total area
33,590 SF
Lot
1.35 ac (58,675 SF)
Zoning code
Z236
APN
282421000A0030000
UPID
US82-4795882
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
-
Motel 6 Dallas - Garland Hotel & Motel
-
Holiday Inn Express & Suites Dallas - Grand Prairie I-20, an IHG Hotel Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$700k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.43M
Blend (final)
Blend
$1.07M
Owner & transaction history
Kap Hospitality LLC · 24 yrs held
Kap Hospitality LLC
since 2002
6 recorded transactions
Zoning & alternative use
Z236 · Grand Prairie, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.5M
+59.1%
Retail stores
$1.3M
+34.8%
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 Grand Prairie submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Grand Prairie 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
$700,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$950,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,510,000
Change: +59% · Conversion: Difficult
RETAIL STORES
$1,280,000
Change: +35% · Conversion: Difficult
Blend value · Realmo final
$1.07M
Range $959k – $1.17M · ±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
$32 / 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
$126,516
Tax year 2023
Assessed value
$5,500,000
Assessed 2023
Previous assessed
$5,500,000
+0.0% YoY
Effective rate
2.30%
On assessed value
Assessed land
$703,850
Assessed improvement
$4,796,150
Land market value
$703,850
Improvement market value
$4,796,150
Total market value
$5,500,000
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
2004
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
4
Units
70
Total area
33,590 SF
Lot
1.35 ac (58,675 SF)
Zoning code
Z236
APN
282421000A0030000
UPID
US82-4795882
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z236 · Grand Prairie, TX
Zoning Z236 · permitted uses
Z236 · Grand Prairie, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Grand Prairie. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$950,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.5M
RETAIL STORES
Est. value
$1.3M
HOTEL/MOTEL Current
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
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
2004
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
4
Units
70
Lot
1.35 ac
Current owner
From public records · entity-resolved
Kap Hospitality LLC
Entity
Mailing address
4705 E BELKNAP ST, FORT WORTH, TX 76117-4913
Ownership since
2002
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
Apr 12, 2017
—
Kap Hospitality LLC
—
Deed
related
$550,000 · Starwood Mortgage Capital LLC
Mar 18, 2002
—
Kap Hospitality LLC
Venture Investments INC
Grant Deed
related
—
—
—
Kap Hospitality LLC
—
Deed Of Trust
related
$1,278,000 · North Texas Certified Dev Corp
—
—
Kap Hospitality LLC
—
Deed Of Trust
related
$5,250,000 · Pnc Bank
—
—
Kap Hospitality LLC
—
Deed Of Trust
related
$2,029,800 · Temecula Valley Bank NA
—
—
Kap Hospitality LLC
—
Deed Of Trust
related
$1,242,000 · Temecula Valley Bank NA
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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