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Property profile & analytics
OFF-MARKET
Estimated value
$625,000
Hotels
5000 Plz Dr Irving, TX 75063-2321
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US83-3548242
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1999
Construction
FRAME
Total area
56,857 SF
Lot
2 ac (87,120 SF)
Zoning code
Z393
APN
324160000A0010000
UPID
US83-3548242
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
-
DFW Limo Link .Com -DFW Limo Service Limousine Service Airport Shuttle Service
-
Candlewood Suites DFW Airport North - Irving, an IHG Hotel Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$725k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$527k
Blend (final)
Blend
$625k
Owner & transaction history
Jay & Vivek Fl LLC · 2 yrs held
Jay & Vivek Fl LLC
since 2024
7 recorded transactions
Zoning & alternative use
Z393 · 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
$725,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$730,000
Current use
Blend value · Realmo final
$625k
Range $563k – $688k · ±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
$11 / 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
$105,017
Tax year 2023
Assessed value
$4,800,000
Assessed 2023
Previous assessed
$4,800,000
+0.0% YoY
Effective rate
2.19%
On assessed value
Assessed land
$1,306,820
Assessed improvement
$3,493,180
Land market value
$1,306,820
Improvement market value
$3,493,180
Total market value
$4,800,000
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
1999
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
3
Units
96
Total area
56,857 SF
Lot
2 ac (87,120 SF)
Zoning code
Z393
APN
324160000A0010000
UPID
US83-3548242
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z393 · Irving, TX
Zoning Z393 · permitted uses
Z393 · 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
$730,000
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
1999
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
3
Units
96
Lot
2 ac
Current owner
From public records · entity-resolved
Jay & Vivek Fl LLC
Entity
Mailing address
4577 E HWY 20, NICEVILLE, FL 32578-9702
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 25, 2024
—
Jay & Vivek Fl LLC
Plaza Hospitality LLC
Venders Lien
$8,550,000 · Dallas Capital Bank NA
Dec 3, 2021
—
Plaza Hospitality LLC
Angel Hospitality Vi LLC
Special Warranty Deed
$7,500,000 · State Bank Of Texas
Feb 9, 2015
—
Angel Hospitality Vi LLC
Laredo Sol LLC
Warranty Deed
—
May 19, 2010
—
Laredo Sol LLC
Zions First Natl Bk
Grant Deed
$3,150,000 · Zions First National Bank
Jan 5, 2010
$3,474,895
Zions First Natl Bk
Murray Karen E
Trustees Deed
related
—
Jan 30, 2008
—
Hig Dfw Airport LLC
Akal Viii Management LLC
Special Warranty Deed
$4,000,000 · Zions First National Bank
Apr 20, 2007
—
Akal Viii Management LLC
California Partners INC
Venders Lien
$5,000,000 · Millenium State Bank
Jul 22, 2005
—
California Partners INC
One Bar Plaza
Grant Deed
$2,948,620 · Citibank Texas NA
Sep 29, 1998
—
One Bar Plaza LP
Todd Enterprize INC
Grant Deed
related
—
—
—
Akal Viii Management LLC
—
Deed Of Trust
related
$1,456,250 · Community South Bank
—
—
Hig Dfw Airport LLC
—
Deed Of Trust
related
$2,000,000 · North Texas 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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