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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    4425 Airport Fwy Irving, TX 75062

    • Commercial real estate
    • 87,500 SF
    • 2.94 lot acres
    For Lease
    View listing
    $16 SF/Yr
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-0520498
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Store Front Graphics Window Graphics Vehicle Graphics by Radyan Signs / Interior Design / Home Decor Store
    • Moore Enterprises / Property Management Company
    • Bits and Binaries Inc. / (Bike/Boat/Book/etc) Store / Corporate Office
    • The Balance Books, LLC / Accounting Firm / Tax Preparation
    • Dr. Angelina Maynard, Ph.D., LP, LSSP / Physician / Medical Clinic

    Property Details for 4425 Airport Fwy

    Year built
    1981
    Construction
    FRAME
    Lot size
    2.94 lot acres
    Property size
    87,500 SF
    Zone code
    Z49
    Property type
    Commercial real estate
    APN
    32063550020010000
    APU
    32063550020010000

    Description

    This five-story, Class B office building, totaling 85,212 square feet, offers a variety of executive office and coworking spaces in Irving, Texas. Built in 1982 and renovated in 2013, the property boasts a luxurious lobby and provides units ranging from a minimum of 179 square feet to a maximum contiguous space of 12,885 square feet. Multiple tenancy options are available, catering to diverse business needs. The building features convenient amenities including elevator service, ample surface and covered parking (2.68 spaces per 1,000 square feet), and on-site property management. A tenant website provides additional tools and resources. Strategically located at 4425 W Airport Fwy, Irving, TX 75062, in the Irving/Las Colinas submarket of Dallas County, this property offers unparalleled access to major transportation arteries. It's just five minutes from the south entrance of DFW International Airport, and provides easy access to Hwy 183 (Airport Freeway), the George Bush Turnpike, and Hwy 360. The surrounding area is rich with hotels and restaurants, enhancing convenience for tenants and their clients. This exceptional location, combined with the building's modern amenities and flexible space options, makes it an ideal choice for businesses seeking a thriving and accessible office environment.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $17,523,000
      Market price range: $11.0M - $17.5M

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $13,955,000
      Current use
      RESTAURANT
      $11,770,000
      Change: -16% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Irving
    County
    Dallas
    State
    Texas
    Longitude
    -97.0124
    Latitude
    32.8386
    CBSA code
    19100
    CBSA name
    DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $146,973
    $0.00
    $0.00
    $5,983,120
    -
    $0.00
    $0.00
    $5,983,120

    Comparable in this City

    • Value Estimation by Request
      1,870 SF

      101 Decker Dr, Unit 2-120

      COMMERCIAL (GENERAL) • 1,870 SF
      101 Decker Dr, Irving, TX 75062-2703
      View Details
    • Value Estimation by Request
      501 SF

      3200 Macarthur Blvd

      COMMERCIAL (GENERAL) • 501 SF
      3200 Macarthur Blvd, Irving, TX 75062-4404
      View Details
    • Value Estimation by Request
      0.35 Acres

      Belt Line Rd And Northgate Dr

      Land • 0.35 Acres
      0 Belt Line Rd And Northgate Dr, Irving, TX 75062
      View Details
    • Value Estimation by Request
      680 SF

      101 Decker Dr Ste, Unit 1100

      COMMERCIAL (GENERAL) • 680 SF
      101 Decker Dr Ste, Irving, TX 75062-3598
      View Details
    • Value Estimation by Request
      0.19 Acres

      2325 Airport Fwy

      COMMERCIAL (GENERAL) • 0.19 Acres
      2325 Airport Fwy, Irving, TX 75062-6014
      View Details
    • Value Estimation
      $5,695,000
      26,875 SF

      150 Airport Fwy

      SHOW ROOM, WAREHOUSE • 26,875 SF
      150 Airport Fwy, Irving, TX 75062-6301
      View Details

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    Similar Nearby for Lease

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      Class A Single Tenant Office

      16,950 SF office building with highway frontage and ample parking.
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    • $18 SF/Yr
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      Irving Office Space Available

      Office space available for lease in Irving, Texas.
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    • $14 SF/Yr

      Turnkey Daycare/School Facility in Las Colinas

      Fully equipped daycare/school facility ready for immediate operation.
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    4425 Airport Fwy
    Irving, TX 75062
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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