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Property profile & analytics
OFF-MARKET
Estimated value
$565,000
Motels
510 Loop 12 Irving, TX 75060-3352
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US82-3770792
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1970
Construction
FRAME
Total area
20,436 SF
Lot
1.25 ac (54,319 SF)
Zoning code
Z392
APN
32588900010010000
UPID
US82-3770792
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 Irving, TX - Dallas Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$750k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$379k
Blend (final)
Blend
$565k
Owner & transaction history
Ph Irving LLC · 5 yrs held
Ph Irving LLC
since 2020
5 recorded transactions
Zoning & alternative use
Z392 · 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
$750,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$565k
Range $509k – $622k · ±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
$28 / 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
$83,254
Tax year 2023
Assessed value
$3,850,000
Assessed 2023
Previous assessed
$3,850,000
+0.0% YoY
Effective rate
2.16%
On assessed value
Assessed land
$325,890
Assessed improvement
$3,524,110
Land market value
$325,890
Improvement market value
$3,524,110
Total market value
$3,850,000
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
1970
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Units
74
Total area
20,436 SF
Lot
1.25 ac (54,319 SF)
Zoning code
Z392
APN
32588900010010000
UPID
US82-3770792
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z392 · Irving, TX
Zoning Z392 · permitted uses
Z392 · 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.
Building & site characteristics
From public records
Year built
1970
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
2
Units
74
Lot
1.25 ac
Current owner
From public records · entity-resolved
Ph Irving LLC
Entity
Mailing address
1125 EXECUTIVE CIR #140, IRVING, TX 75038-2522
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 4, 2020
—
Ph Irving LLC
G6 Hospitality Property LLC
Grant Deed
$2,599,097 · Vista Bk
Sep 15, 2017
—
G6 Hospitality Property LLC
—
Loan Modification
related
$2,075,000,000 · Jp Morgan Chase Bk
Aug 7, 2017
—
G6 Hospitality Property LLC
—
Grant Deed
related
$165,260,000 · Jp Morgan Chase Bk
Oct 9, 2012
—
G6 Hospitality Property LLC
Fourth Berkshire Props LLC
Grant Deed
related
$1,050,000,000 · J P Morgan Chase Bank
—
—
G6 Hospitality Property LLC
—
Deed Of Trust
related
$1,800,000,000 · Jp Morgan Chase Bk
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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