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Property profile & analytics
FOR LEASE
Industrial properties

8111 Royal Ridge Pkwy Irving, TX 75063

57,713 SF 8.93 ac lot Built 1986
Individually Owned 2-yr Hold ~ Est. High Equity
Property ID
US83-3861300
Property summary
AI-generated overview

This exceptional Irving, Texas business center, the Royal Ridge Business Center, offers a prime opportunity for businesses seeking executive office space. Located at 8111 Royal Ridge Pkwy, 75063, in Dallas County, this two-building complex boasts a total of 90,433 square feet of office space. The property features flexible layouts, accommodating various business needs. Currently, there are multiple spaces available, ranging from a minimum of 17,436 square feet to a maximum contiguous space of 45,000 square feet. A significant 62,950 square feet is currently vacant, presenting a unique opportunity for expansion or relocation. The property's design includes a generous parking ratio of 8 spaces per 1,000 square feet, ensuring ample parking for tenants and their clients. The property is categorized as Executive Office, Flex, and Professional space, making it suitable for a wide range of businesses. This prime location in Irving, Texas offers easy access to major transportation routes and amenities. The property's two-story design provides a variety of configurations to suit diverse business requirements. Contact us today to explore the possibilities of establishing your business in this prestigious location.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1986
Construction TILT-UP CONCRETE
Total area 57,713 SF
Lot 8.93 ac (388,860 SF)
Zoning code Z392
APN 324609600A0010000
UPID US83-3861300
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
  • One Exchange Telecommunications Service Tech Support Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.16M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.39M
Blend (final) Blend
$1.28M
Owner & transaction history
Gigatera Comiwunications · 2 yrs held
Gigatera Comiwunications
since 2024
7 recorded transactions
2024
Price N/A
2023
Price N/A
2023
Price N/A
2020
Price N/A
2019
Price N/A
2019
Price N/A
2019
Price N/A
Zoning & alternative use
Z392 · Irving, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center $2.1M +76.9%
Commercial (general) $1.7M +43.6%
Office building $1.4M +21.4%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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