Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    7825 Heathrow Dr Irving, TX 75063-2344

    • Hotels
    • 64,005 SF
    • 2.78 lot acres
    OFF-MARKET
    Last Sale
    Sep 03, 2024
    Value Estimations
    $755,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US83-1556791
    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

    • Extended Stay America - Dallas - DFW Airport N. / Extended Stay Hotel
    • The Appliance Doctor LLC / Appliance Repair Service / Refrigerator Repair Service

    Property Details for 7825 Heathrow Dr

    Year built
    1998
    Construction
    FRAME
    Lot size
    2.78 lot acres
    Property size
    64,005 SF
    Zone code
    Z113
    Property type
    Hotels
    APN
    321136000A0020000
    APU
    321136000A0020000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $760,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $581,000
      Market price range: $582k - $1.03M

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

    Location Insight

    • Map
    • Local Demand
    City
    Irving
    County
    Dallas
    State
    Texas
    Longitude
    -97.0144
    Latitude
    32.9164
    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
    2024
    $112,674
    $1,817,240
    $3,332,760
    $5,150,000
    -
    $1,817,240
    $3,332,760
    $5,150,000

    Comparable in this City

    • Value Estimation
      $775,000
      63,503 SF

      4949 Regent Blvd

      HOTEL • 63,503 SF
      4949 Regent Blvd, Irving, TX 75063-2456
      View Details
    • Value Estimation
      $1,215,000
      76,001 SF

      4850 John Carpenter Fwy

      HOTEL • 76,001 SF
      4850 John Carpenter Fwy, Irving, TX 75063-2307
      View Details
    • Value Estimation
      $865,000
      215,000 SF

      4440 John Carpenter Fwy

      HOTEL • 215,000 SF
      4440 John Carpenter Fwy, Irving, TX 75063-2927
      View Details
    • Value Estimation
      $385,000
      306,790 SF

      4545 John Carpenter Fwy

      HOTEL • 306,790 SF
      4545 John Carpenter Fwy, Irving, TX 75063-2302
      View Details
    • Value Estimation
      $865,000
      76,451 SF

      3550 Lyndon B Johnson Fwy

      HOTEL • 76,451 SF
      3550 Lyndon B Johnson Fwy, Irving, TX 75063-3854
      View Details
    • Value Estimation
      $740,000
      56,263 SF

      7800 Dulles Dr

      HOTEL • 56,263 SF
      7800 Dulles Dr, Irving, TX 75063-2305
      View Details

    Similar Nearby for Sale

    • $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
      View Details
    • 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
      View Details
    • Contact for pricing
      69,363 SF

      Irving Warehouse with 32' Clearance

      69,160 SF warehouse with 32' clearance and ESFR sprinkler.
      7815 Jetstar Dr, Irving, TX 75063
      View Details
    • $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

    • $18 SF/Yr
      93,562 SF

      INNOVATION HUB: Valley Ranch Office

      93,562 SF Office Space, Dallas Area
      10030 Macarthur Blvd, Irving, TX 75063
      View Details
    • Contact for pricing
      7,208 SF

      4823-4845 Royal Ln

      Distribution properties • 7,208 SF
      4823-4845 Royal Ln, Irving, TX 75063
      View Details
    • $19 SF/Yr
      29,571 SF

      Executive Suites in Las Colinas

      Prestigious Office Space Available Now
      6500 Belt Line Rd, Irving, TX 75063
      View Details
    • $14 SF/Yr
      48,966 SF

      Irving Warehouse with Prominent Signage

      Single tenant warehouse with parking and multiple entry points.
      7700 Bent Branch Dr, Irving, TX 75063
      View Details
    • Contact for pricing
      1,604 SF

      Retail Space in Irving, Texas

      Retail space available in shopping center anchored by major retailers.
      7707 N Macarthur Blvd, Irving, TX 75063
      View Details
    • Contact for pricing
      53,152 SF

      Horizon Way Warehouse Space

      Available warehouse space at 4000 Horizon Way, Irving, TX.
      4000 Horizon Way, Irving, TX 75063
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7825 Heathrow Dr
    Irving, TX 75063-2344
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.