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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    6500 Macarthur Blvd Irving, TX 75039-2460

    • Commercial real estate
    • 7,608 SF
    • 1.62 lot acres
    OFF-MARKET
    Value Estimations
    $1,615,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-2977388
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Blue Cross Blue Shield of Texas / Insurance Company
    • Maung Htain Kyaw Lin, MD / Doctor / Internist
    • Innovista Medical Center - Las Colinas / Medical Clinic / Medical Center
    • Gabriel Okpagu / Family Practice Physician / Practitioner Service Location
    • Mira Patel, PA / Physician Assistant

    Property Details for 6500 Macarthur Blvd

    Year built
    2003
    Construction
    TILT-UP CONCRETE
    Lot size
    1.62 lot acres
    Property size
    7,608 SF
    Zone code
    Z243
    Property type
    Commercial real estate
    APN
    325482700A0030000
    APU
    325482700A0030000

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,840,000
      6.5%
      $1,700,000
      7%
      $1,580,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,527,000
      Market price range: $465k - $1.53M

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $1,025,000
      Current use
      RESTAURANT
      $985,000
      Change: -4% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Irving
    County
    Dallas
    State
    Texas
    Longitude
    -96.9581
    Latitude
    32.8984
    CBSA code
    19100
    CBSA name
    DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $86,899
    $2,114,400
    $685,600
    $2,800,000
    -
    $2,114,400
    $685,600
    $2,800,000

    Comparable in this City

    • Value Estimation by Request
      5.07 Acres

      6750 Macarthur Blvd

      COMMERCIAL (GENERAL) • 5.07 Acres
      6750 Macarthur Blvd, Irving, TX 75039-2875
      View Details
    • Value Estimation by Request
      2.97 Acres

      2 Royal Ln

      COMMERCIAL (GENERAL) • 2.97 Acres
      2 Royal Ln, Irving, TX 75039
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    • Value Estimation by Request
      444,743 SF

      850 Lk Carolyn Pkwy

      COMMERCIAL (GENERAL) • 444,743 SF
      850 Lk Carolyn Pkwy, Irving, TX 75039-4385
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      16.08 Acres

      300 John Carpenter Fwy

      COMMERCIAL (GENERAL) • 16.08 Acres
      300 John Carpenter Fwy, Irving, TX 75039
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    • Value Estimation by Request
      1,763,184 SF

      222 Las Colinas W Blvd

      COMMERCIAL (GENERAL) • 1,763,184 SF
      222 Las Colinas W Blvd, Irving, TX 75039-5421
      View Details
    • Value Estimation by Request
      330 SF

      5901 Colwell Blvd

      COMMERCIAL (GENERAL) • 330 SF
      5901 Colwell Blvd, Irving, TX 75039-3197
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    Similar Nearby for Sale

    • Contact for pricing
      159,478 SF

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      View Details
    • $5,999,999
      6.01 Acres

      Las Colinas Freeway Corner Site

      6.01 acre hard-corner site in Las Colinas growth corridor.
      I-635 & Camino Lago, Irving, TX 75039
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      143,430 SF

      Las Colinas Redevelopment Opportunity

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      1,500 SF

      One Fourteen Office Park: Irving, TX

      Medical Office Suites: For Sale/Lease
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      43,790 SF

      Irving Office Building For Sale

      Two-story office building in Irving, Texas, totaling 43,790 square feet.
      4950 N O Connor Blvd, Irving, TX 75039
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    • $1,000,000
      2,200 SF

      Premium Office Space in Irving

      Class A office space in North Irving / Las Colinas.
      1173 W John Carpenter Fwy, Irving, TX 75039
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    Similar Nearby for Lease

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      1,891 SF

      Office Space in Irving, TX

      Office space available for rent in Irving, Texas.
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    • Contact for pricing
      56,500 SF

      Highway 161 Office Space

      Office space with highway visibility and efficient floor plates.
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    • Contact for pricing
      2,800 SF

      Retail Space on Royal Lane

      Retail spaces available in Irving, surrounded by apartments and offices.
      411 W Royal Ln, Irving, TX 75039
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    • $1,200 /Mo
      75,925 SF

      Furnished Office Space in Irving

      Fully-furnished office space with amenities in Irving, Texas.
      511 E John W Carpenter Fwy, Irving, TX 75039
      View Details
    • $3,350 /Mo
      75,925 SF

      Furnished Office Space in Irving

      Fully-furnished office space with amenities in Irving, Texas, for rent.
      511 E John W Carpenter Fwy, Irving, TX 75039
      View Details
    • $14 SF/Yr
      5,384 SF

      Irving Flex/Manufacturing Space For Lease

      Flex/light manufacturing building with ample parking and easy highway access.
      350 E Royal Ln, Irving, TX 75039
      View Details
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    6500 Macarthur Blvd
    Irving, TX 75039-2460
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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