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Property profile & analytics
OFF-MARKET
Estimated value
$1,115,000
Motels
4451 Belt Line Rd Addison, TX 75001-4514
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US82-1476342
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1989
Construction
FRAME
Total area
73,859 SF
Lot
3.34 ac (145,447 SF)
Zoning code
Z236
APN
10000670000010000
UPID
US82-1476342
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
-
Simmons Cancer Center Hospital
-
Homewood Suites by Hilton Dallas/Addison Hotel & Motel Vacation Rental
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$885k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.34M
Blend (final)
Blend
$1.12M
Owner & transaction history
Addison Hotels LLC · 1 yrs held
Addison Hotels LLC
since 2025
7 recorded transactions
Zoning & alternative use
Z236 · Addison, 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 Addison submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Addison 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
$885,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$1,465,000
Current use
Blend value · Realmo final
$1.12M
Range $1.00M – $1.23M · ±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
$15 / 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
$144,774
Tax year 2023
Assessed value
$6,675,000
Assessed 2023
Previous assessed
$6,675,000
+0.0% YoY
Effective rate
2.17%
On assessed value
Assessed land
$2,181,710
Assessed improvement
$4,493,290
Land market value
$2,181,710
Improvement market value
$4,493,290
Total market value
$6,675,000
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1989
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Units
120
Total area
73,859 SF
Lot
3.34 ac (145,447 SF)
Zoning code
Z236
APN
10000670000010000
UPID
US82-1476342
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z236 · Addison, TX
Zoning Z236 · permitted uses
Z236 · Addison, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Addison. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$1.5M
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
1989
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
2
Units
120
Lot
3.34 ac
Current owner
From public records · entity-resolved
Addison Hotels LLC
Entity
Mailing address
4451 BELT LINE RD, ADDISON, TX 75001-4514
Ownership since
2025
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
Apr 21, 2025
—
Addison Hotels LLC
Premier Park Hotels LLC
Deed
$5,000,000 · Chappell Hill Bank
Mar 1, 2019
—
2325 Stemmons Trs INC
—
Deed
related
$88,000,000 · Acore Capital Mortgage LP
Jan 10, 2019
—
Hcre Addison LLC
—
Deed
related
$32,350,000 · Global Investment Fund I (ct)
May 5, 2017
—
Hcre Addison LLC
Newton Hotels Prop Owner L Bre
Grant Deed
$32,350,000 · Nxt Cap
Aug 15, 2014
—
Bre Newton Hotels Property Owner LP
Lion Es Hotels Holdings LLC
Special Warranty Deed
$570,000,000 · Jpmorgan Chase Bank NA
May 30, 2007
—
Lion Es Hotels Holdings LP
Apple Suites Reit LP
Special Warranty Deed
$567,700,000 · Wachovia Bank NA
—
—
Hcre Addison LLC
—
Loan Modification
related
$32,350,000 · Global Investment Fund I (ct)
—
—
Lion Es Hotels Holdings LLC
—
Deed Of Trust
related
$335,000,000 · Bank Of America
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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