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Property profile & analytics
OFF-MARKET
Estimated value
$730,000
Hotels
850 Walnut Hl Ln Irving, TX 75038-2611
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US82-0344791
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1996
Construction
TILT-UP CONCRETE
Total area
53,526 SF
Lot
2.27 ac (99,012 SF)
Zoning code
Z243
APN
326045300A0010000
UPID
US82-0344791
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
-
Comfort Inn & Suites Irving Las Colinas DFW Hotel & Motel
-
Blink Charging Station Electric Vehicle Charging Station
-
Avis Car Rental Car Rental Facility
-
Budget Car Rental Car Rental Facility
-
ExecuLimo Dallas Freight Service Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$850k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$611k
Blend (final)
Blend
$730k
Owner & transaction history
Mayuri K LLC · 3 yrs held
Mayuri K LLC
since 2023
7 recorded transactions
Zoning & alternative use
Z243 · Irving, 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 Irving submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Irving 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
$850,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$710,000
Current use
Blend value · Realmo final
$730k
Range $657k – $803k · ±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
$14 / 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
$156,729
Tax year 2023
Assessed value
$5,050,000
Assessed 2023
Previous assessed
$5,050,000
+0.0% YoY
Effective rate
3.10%
On assessed value
Assessed land
$1,188,000
Assessed improvement
$3,862,000
Land market value
$1,188,000
Improvement market value
$3,862,000
Total market value
$5,050,000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1996
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Stories
3
Units
100
Total area
53,526 SF
Lot
2.27 ac (99,012 SF)
Zoning code
Z243
APN
326045300A0010000
UPID
US82-0344791
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z243 · Irving, TX
Zoning Z243 · permitted uses
Z243 · Irving, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Irving. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$710,000
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
1996
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
3
Units
100
Lot
2.27 ac
Current owner
From public records · entity-resolved
Mayuri K LLC
Entity
Mailing address
850 W WALNUT HL LN, IRVING, TX 75038-2611
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 30, 2023
—
Mayuri K LLC
Big Pyramid Hotel LLC
Special Warranty Deed
$7,830,683 · Citizens National Bank
Mar 11, 2019
—
Big Pyramid Hotel LLC
Gemini Hotels LP
Grant Deed
$8,457,036 · Bank 7
May 7, 2010
—
Gemini Hotels LP
—
Trustees Deed
related
$300,000 · Coppermark Bank
Apr 3, 2007
—
Gemini Hotels
Mirage Investments Ltd
Grant Deed
$5,900,000 · Coppermark Bank
Jul 29, 2002
—
Mirage Investments Ltd
Humphrey Hospitality LP
Grant Deed
$1,975,000 · Branch Banking & Trust Co
Nov 3, 1999
—
Humphrey Hospitality LP
Humphrey Hospitality Trust INC
Quit Claim Deed
related
—
—
—
Gemini Hotels LP
—
Deed Of Trust
related
$4,900,000 · Cathay Bank
—
—
Gemini Hotels LP
—
Deed Of Trust
related
$6,720,000 · Cibc
—
—
Gemini Hotels LP
—
Loan Modification
related
$5,068,553 · Coppermark Bank
—
—
Gemini Hotels LP
—
Deed Of Trust
related
$5,368,553 · Coppermark Bank
—
—
Mirage Investments Ltd
—
Deed Of Trust
related
$1,123,000 · Fort Worth Economic Dev Corp
—
—
Gemini Hotels LP
—
Deed Of Trust
related
$300,000 · Coppermark 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.
Try Rey
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