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Property profile & analytics
OFF-MARKET
Estimated value
$715,000
Motels
8108 R L Thornton Fwy Dallas, TX 75228-7004
Entity Owned
21-yr Hold
Free & Clear
Property ID
US82-3072341
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1985
Construction
FRAME
Total area
32,448 SF
Lot
2.17 ac (94,699 SF)
Zoning code
Z248
APN
0084720A000080000
UPID
US82-3072341
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
-
Super 7 Inn Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$945k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$487k
Blend (final)
Blend
$715k
Owner & transaction history
Jim Miller Hospitality LP · 21 yrs held
Jim Miller Hospitality LP
since 2005
5 recorded transactions
Zoning & alternative use
Z248 · Dallas, 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 Dallas submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dallas 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
$945,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$690,000
Current use
Blend value · Realmo final
$715k
Range $644k – $787k · ±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
$22 / 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
$54,272
Tax year 2023
Assessed value
$2,365,000
Assessed 2023
Previous assessed
$2,365,000
+0.0% YoY
Effective rate
2.29%
On assessed value
Assessed land
$473,500
Assessed improvement
$1,891,500
Land market value
$473,500
Improvement market value
$1,891,500
Total market value
$2,365,000
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1985
Construction
FRAME
Heating
OTHER
Cooling
OTHER
Stories
2
Units
105
Total area
32,448 SF
Lot
2.17 ac (94,699 SF)
Zoning code
Z248
APN
0084720A000080000
UPID
US82-3072341
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z248 · Dallas, TX
Zoning Z248 · permitted uses
Z248 · Dallas, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Dallas. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$690,000
HOTEL/MOTEL Current
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
1985
Construction
FRAME
Heating
OTHER
Cooling
Yes
Stories
2
Units
105
Lot
2.17 ac
Current owner
From public records · entity-resolved
Jim Miller Hospitality LP
Entity
Free & Clear · 21 yrs held
Mailing address
1400 E AIRPORT FWY, IRVING, TX 75062-4819
Ownership since
2005
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
Sep 20, 2017
—
Jim Miller Hospitality LP
—
Deed
related
$1,320,000 · Hanmi Bk
Jun 14, 2005
—
Jim Miller Hospitality LP
Owner Name Unavailable
Grant Deed
related
—
—
—
Jim Miller Hospitality LP
—
Loan Modification
related
$1,039,395 · United Central Bank
—
—
Jim Miller Hospitality LP
—
Loan Modification
related
$1,320,000 · Hanmi Bk
—
—
Jim Miller Hospitality LP
—
Deed Of Trust
related
$1,157,669 · United Central 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.
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