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

    6701 Belt Line Rd Irving, TX 75063-6003

    • Distribution centers
    • 191,912 SF
    • 16.56 lot acres
    OFF-MARKET
    Value Estimations
    $2,160,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-9101771
    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

    • CDI custom curb adapters / Manufacturer
    • Dallas Car Rental Tours / Car Rental Agency / Van Rental Agency
    • Freedom Furniture & Design / Furniture Store

    Property Details for 6701 Belt Line Rd

    Year built
    2015
    Construction
    TILT-UP CONCRETE
    Lot size
    16.56 lot acres
    Property size
    191,912 SF
    Zone code
    Z113
    Property type
    Distribution centers
    APN
    323866900002A0000
    APU
    323866900002A0000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $1,360,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $2,960,000
      Market price range: $1.35M - $3.51M

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $2,700,000
      Current use

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

    Location Insight

    • Map
    • Local Demand
    City
    Irving
    County
    Dallas
    State
    Texas
    Longitude
    -96.9935
    Latitude
    32.9004
    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
    $329,620
    $7,211,790
    $7,854,170
    $15,065,960
    -
    $7,211,790
    $7,854,170
    $15,065,960

    Comparable in this City

    • Value Estimation
      $1,810,000
      127,394 SF

      9000 Royal Ln

      DISTRIBUTION WAREHOUSE • 127,394 SF
      9000 Royal Ln, Irving, TX 75063-2418
      View Details
    • Value Estimation
      $1,865,000
      210,504 SF

      4525 Royal Ln

      DISTRIBUTION WAREHOUSE • 210,504 SF
      4525 Royal Ln, Irving, TX 75063-2556
      View Details
    • Value Estimation
      $1,665,000
      116,408 SF

      750 Royal Ln

      DISTRIBUTION WAREHOUSE • 116,408 SF
      750 Royal Ln, Irving, TX 75063
      View Details
    • Value Estimation
      $2,285,000
      218,088 SF

      3700 Royal Ln

      DISTRIBUTION WAREHOUSE • 218,088 SF
      3700 Royal Ln, Irving, TX 75063-2830
      View Details
    • Value Estimation
      $1,300,000
      83,690 SF

      8480 Esters Blvd

      DISTRIBUTION WAREHOUSE • 83,690 SF
      8480 Esters Blvd, Irving, TX 75063-2906
      View Details
    • Value Estimation
      $1,630,000
      207,492 SF

      8551 Esters Blvd

      DISTRIBUTION WAREHOUSE • 207,492 SF
      8551 Esters Blvd, Irving, TX 75063-2206
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      69,363 SF

      Irving Warehouse with 32' Clearance

      69,160 SF warehouse with 32' clearance and ESFR sprinkler.
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    • Contact for pricing
      105,675 SF

      Irving Distribution Warehouse For Sale

      105,675 SF distribution warehouse with dock and grade-level doors.
      7810 Jetstar Dr, Irving, TX 75063
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    • $1,900,000
      5.70 Acres

      Updated Office Ready for Conversion

      Updated commercial office suitable for school, daycare, or professional use.
      8880 N Macarthur Blvd, Irving, TX 75063
      View Details
    • $5,750,000

      Irving Office Space Available

      Office property for sale in Irving, Texas.
      8333 Royal Ridge Pkwy, Irving, TX 75063
      View Details
    • $4,900,000
      1.38 Acres

      Valley Ranch Retail/Childcare Opportunity

      15,295 SF building on 1.37 acres in Irving, TX.
      2090 Market Place Blvd, Irving, TX 75063
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    • $4,000,275

      Retail Property For Sale

      Retail property available for purchase in Irving, Texas.
      1414 Market Place Blvd, Irving, TX 75063
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      7,208 SF

      4823-4845 Royal Ln

      Distribution properties • 7,208 SF
      4823-4845 Royal Ln, Irving, TX 75063
      View Details
    • Contact for pricing
      62,000 SF

      Irving Warehouse Space Available

      62,000 SF warehouse space in Irving, Texas for lease.
      2611 Regent Blvd, Irving, TX 75063
      View Details
    • $10 SF/Yr
      80,176 SF

      Gateway South: Irving Office/Flex Space

      Prime Irving location, flexible office & warehouse space.
      2900 Commerce Dr, Irving, TX 75063
      View Details
    • $13 SF/Yr
      43,600 SF

      Premier Irving Business Center

      Office/Warehouse Space Available in Irving, TX
      3150 Premier Dr, Irving, TX 75063
      View Details
    • Contact for pricing
      83,167 SF

      Sterling Tech Center: Irving, TX

      Flex/Warehouse Space Available: Irving, TX
      7801-7805 Mesquite Bend Dr, Irving, TX 75063
      View Details
    • $12 SF/Yr
      39,300 SF

      Irving Warehouse with Dock Doors

      39,300 SF warehouse featuring dock doors and ramp.
      8600 N Royal Ln, Irving, TX 75063
      View Details
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    6701 Belt Line Rd
    Irving, TX 75063-6003
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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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