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Property profile & analytics
OFF-MARKET
Estimated value
$985,000
Hotels
4340 Airport Fwy Irving, TX 75062-5819
Entity Owned
17-yr Hold
~
Est. High Equity
Property ID
US83-3128929
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1994
Construction
TILT-UP CONCRETE
Total area
46,480 SF
Lot
1.8 ac (78,234 SF)
Zoning code
Z198
APN
320975300A0050000
UPID
US83-3128929
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
-
Home2 Suites by Hilton DFW Airport South Irving Hotel & Motel
-
Home 2 Suites Hotel & Motel Bed & Breakfast
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.03M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$948k
Blend (final)
Blend
$985k
Owner & transaction history
Irving Lodging LLC · 17 yrs held
Irving Lodging LLC
since 2008
7 recorded transactions
Zoning & alternative use
Z198 · 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
$1,025,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$735,000
Current use
Blend value · Realmo final
$985k
Range $887k – $1.08M · ±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
$21 / 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
$201,107
Tax year 2023
Assessed value
$9,300,000
Assessed 2023
Previous assessed
$9,300,000
+0.0% YoY
Effective rate
2.16%
On assessed value
Assessed land
$626,040
Assessed improvement
$8,673,960
Land market value
$626,040
Improvement market value
$8,673,960
Total market value
$9,300,000
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
1994
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
4
Units
104
Total area
46,480 SF
Lot
1.8 ac (78,234 SF)
Zoning code
Z198
APN
320975300A0050000
UPID
US83-3128929
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z198 · Irving, TX
Zoning Z198 · permitted uses
Z198 · 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
$735,000
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
1994
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
4
Buildings
2
Units
104
Lot
1.8 ac
Current owner
From public records · entity-resolved
Irving Lodging LLC
Entity
Mailing address
2009 COTTONWOOD VLY CIR S, IRVING, TX 75038-5928
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 4, 2019
—
Irving Lodging LLC
—
Deed
related
$3,189,255 · American Nat'l Bk/tx
Oct 6, 2008
—
Irving Lodging LLC
Patiala Properties
Grant Deed
$6,000,000 · American National Bank Texas
Oct 24, 2005
—
Patiala Properties
Drury Southwest INC
Grant Deed
$2,709,600 · Bank Of The West
—
—
Irving Lodging LLC
—
Loan Modification
related
$3,189,255 · American Nat'l Bk/tx
—
—
Irving Lodging LLC
—
Deed Of Trust
related
$5,500,000 · American Nat'l Bk/tx
—
—
Irving Lodging LLC
—
Deed Of Trust
related
$5,460,966 · American National Bank Texas
—
—
Drury Southwest INC
—
Deed Of Trust
related
$3,700,000 · Chubb Life Insurance Co Americ
—
—
Patiala Properties
—
Deed Of Trust
related
$1,952,000 · Capital Certified Dev Corp
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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