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Property profile & analytics
FOR LEASE
Distribution centers
5355 F A A Blvd Irving, TX 75061
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-5506692
For Lease
1 / 5
$8,195,000
5355 F A A Blvd, Irving, TX 75061
View Listing →
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2008
Construction
TILT-UP CONCRETE
Total area
140,600 SF
Lot
7.48 ac (326,003 SF)
Zoning code
Z128
APN
325599600A01R0000
UPID
US82-5506692
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
-
Imperial Restaurant
-
Horizon Global Americas Inc. Warehouse & Storage
-
Porteous Fastener Co Building Supply Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.72M
Blend (final)
Blend
$8.20M
Owner & transaction history
Lrf3 Dal Valley View LLC · 1 yrs held
Lrf3 Dal Valley View LLC
since 2024
6 recorded transactions
Zoning & alternative use
Z128 · Irving, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$11.1M
+89.1%
Medical building
$10.8M
+84.1%
Apartment house (5+ units)
$8.2M
+40.3%
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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$5,875,000
Current use
RETAIL STORES
$11,105,000
Change: +89% · Conversion: Moderate
MEDICAL BUILDING
$10,815,000
Change: +84% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$8,245,000
Change: +40% · Conversion: Difficult
Blend value · Realmo final
$8.20M
Range $7.38M – $9.01M · ±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
$58 / 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
$207,410
Tax year 2023
Assessed value
$9,303,430
Assessed 2023
Previous assessed
$9,303,430
+0.0% YoY
Effective rate
2.23%
On assessed value
Assessed land
$1,630,020
Assessed improvement
$7,673,410
Land market value
$1,630,020
Improvement market value
$7,673,410
Total market value
$9,303,430
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
For Lease
Year built
2008
Construction
TILT-UP CONCRETE
Heating
PARTIAL
Cooling
PARTIAL
Stories
1
Total area
140,600 SF
Lot
7.48 ac (326,003 SF)
Zoning code
Z128
APN
325599600A01R0000
UPID
US82-5506692
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z128 · Irving, TX
Zoning Z128 · permitted uses
Z128 · 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
WAREHOUSE, STORAGE Current
Est. value
$5.9M
RETAIL STORES
Est. value
$11.1M
MEDICAL BUILDING
Est. value
$10.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$8.2M
WAREHOUSE, STORAGE Current
RETAIL STORES
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
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
2008
Construction
TILT-UP CONCRETE
Heating
PARTIAL
Cooling
Yes
Stories
1
Lot
7.48 ac
Current owner
From public records · entity-resolved
Lrf3 Dal Valley View LLC
Entity
Mailing address
518 17TH ST17FL, DENVER, CO 80202-4130
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 4, 2025
—
Qr Faa Dc LP
—
Deed
related
$246,700,000 · Wells Fargo Bank NA
Nov 18, 2024
—
Lrf3 Dal Valley View LLC
Bprep 1401 Valley View LLC
Special Warranty Deed
—
Nov 22, 2017
—
Ipt Faa Dc LP
—
Deed
related
$90,000,000 · Miscellaneous Ins Co
Nov 4, 2015
—
Ipt Faa Dc LP
5355 Faa Blvd LLC
Trustees Deed
$150,000,000 · Regions Bk
Mar 19, 2015
—
5355 Faa Blvd LLC
Porteous Realty Investments
Warranty Deed
related
—
—
—
Ipt Faa Dc LP
—
Deed Of Trust
related
$90,000,000 · Miscellaneous Ins Co
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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