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Property profile & analytics
FOR SALE
Industrial properties
6221 Riverside Dr Irving, TX 75039
Individually Owned
15-yr Hold
~
Est. High Equity
Property ID
US82-3818192
For Sale
1 / 2
$2,085,000
6221 Riverside Dr, Irving, TX 75039
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1986
Construction
TILT-UP CONCRETE
Total area
143,498 SF
Lot
6.94 ac (302,176 SF)
Zoning code
Z393
APN
320874900A01R0000
UPID
US82-3818192
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
-
Berg Productions Film Production Television Studio
-
Tanner Layne Mattison Physician
-
DELOAR HOSSAIN Physician
-
Averodx Mattison Pathology Llp Medical Clinic
-
Dr. Tanner L. Mattison, MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.09M
Owner & transaction history
Plainscapital Bk · 15 yrs held
Plainscapital Bk
since 2011
5 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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
$247,440
Tax year 2023
Assessed value
$11,683,000
Assessed 2023
Previous assessed
$11,683,000
+0.0% YoY
Effective rate
2.12%
On assessed value
Assessed land
$2,568,340
Assessed improvement
$9,114,660
Land market value
$2,568,340
Improvement market value
$9,114,660
Total market value
$11,683,000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
For Sale
Year built
1986
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Total area
143,498 SF
Lot
6.94 ac (302,176 SF)
Zoning code
Z393
APN
320874900A01R0000
UPID
US82-3818192
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.
Building & site characteristics
From public records
Year built
1986
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
2
Lot
6.94 ac
Current owner
From public records · entity-resolved
Plainscapital Bk
Individual
Mailing address
2911 TURTLE CRK BLVD STE #1300, DALLAS, TX 75219-6257
Ownership since
2011
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
Mar 16, 2011
—
Plainscapital Bk
Imc Investment Properties INC
Grant Deed
—
Feb 26, 2007
—
Imc Investment Properties INC
—
Trustees Deed
related
$300,000 · Plains Capital Bank
Jul 7, 2004
—
Imc Investment Properties INC
—
Trustees Deed
related
$2,200,000 · Plains Capital Bank
May 30, 2001
—
Imc Investment Properties INC
—
Trustees Deed
related
$7,900,000 · Frost National Bank
—
—
Imc Investment Properties INC
—
Deed Of Trust
related
$9,208,627 · Plains Capital Bank
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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