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    8600 N Royal Ln Irving, TX 75063

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    8600 N Royal Ln Irving, TX 75063

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    • Industrial properties
    • 106,500 SF
    • 5.79 lot acres
    For Lease
    $12 SF/Yr
    View Listing →
    Irving Warehouse with Dock Doors For Lease
    $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
    View Listing
    Property ID
    US82-4697278
    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.
    Value Estimations
    $1,600,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • ExIST Multifamily Renovation Materials / HVAC Service / General Contractor
    • ExIST Multifamily Showroom / Building Supply / Industrial Manufacturer
    • Siemens / Engineer / Engineering Consultant
    • Siemens Infrastructure/Cities / Business To Business Service

    Property Details for 8600 N Royal Ln

    Year built
    1997
    Construction
    TILT-UP CONCRETE
    Lot size
    5.79 lot acres
    Property size
    106,500 SF
    Zone code
    Z129
    Property type
    Industrial properties
    APN
    32096550510030000
    APU
    32096550510030000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $1,055,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $2,143,000
      Market price range: $1.59M - $3.14M

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $2,185,000
      Current use
      OFFICE BUILDING
      $2,655,000
      Change: +21% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Irving
    County
    Dallas
    State
    Texas
    Longitude
    -97.0192
    Latitude
    32.9266
    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
    $243,070
    $3,780,240
    $7,329,760
    $11,110,000
    -
    $3,780,240
    $7,329,760
    $11,110,000

    Comparable in this City

    • Value Estimation
      $820,000
      32,660 SF

      8051 Jetstar Dr Ste, Unit 100

      INDUSTRIAL (GENERAL) • 32,660 SF
      8051 Jetstar Dr Ste, Irving, TX 75063-2849
      View Details
    • Value Estimation
      $890,000
      43,344 SF

      2300 Gtwy Dr

      INDUSTRIAL (GENERAL) • 43,344 SF
      2300 Gtwy Dr, Irving, TX 75063-2725
      View Details
    • Value Estimation
      $1,315,000
      62,262 SF

      6401 Commerce Dr

      INDUSTRIAL (GENERAL) • 62,262 SF
      6401 Commerce Dr, Irving, TX 75063-2628
      View Details
    • Value Estimation
      $1,120,000
      48,955 SF

      7700 Bent Br Dr

      INDUSTRIAL (GENERAL) • 48,955 SF
      7700 Bent Br Dr, Irving, TX 75063-6095
      View Details
    • Value Estimation by Request
      66,136 SF

      8101-8113 Ridgepoint Dr

      Flex space • 66,136 SF
      8101-8113 Ridgepoint Dr, Irving, TX 75063
      View Details
    • Value Estimation
      $1,360,000
      80,372 SF

      4343 Royal Ln

      INDUSTRIAL (GENERAL) • 80,372 SF
      4343 Royal Ln, Irving, TX 75063-2324
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      50,200 SF

      Irving Commercial and Light Industrial Asset

      Class B+ office suitable for industrial use or redevelopment.
      8605 Freeport Pkwy, Irving, TX 75063
      View Details
    • Contact for pricing
      127,435 SF

      Irving Warehouse Property For Sale

      127,435 square foot warehouse property in Irving, Texas.
      2250 W John Carpenter Fwy, Irving, TX 75063
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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
      View Details
    • Contact for pricing
      50,200 SF

      Freeport Parkway Light Industrial Asset

      Class B+ office in Irving, Texas, suitable for industrial use.
      8605 S Freeport Pkwy, Irving, TX 75063
      View Details
    • $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
    • Contact for pricing
      5,658 SF

      Updated Commercial Office For Sale

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

    Similar Nearby for Lease

    • Contact for pricing

      Irving Industrial Spaces Available

      Industrial spaces available for lease in Irving, Texas.
      8111 Royal Ridge Pkwy, 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
    • Contact for pricing
      33,524 SF

      Flex R&D Space Available

      Flex R&D space available for lease in Irving, Texas.
      7825 Ridgepoint Dr, Irving, TX 75063
      View Details
    • Contact for pricing
      2,491 SF

      Irving Flex Space Available

      Multi-tenant office and office/warehouse business park for rent.
      8200 Springwood Dr, Irving, TX 75063
      View Details
    • Contact for pricing
      2,471 SF

      Irving Warehouse Space Available

      Move-in ready warehouse space with easy highway access.
      4829-4833 W Royal Ln, Irving, TX 75063
      View Details
    • $14 SF/Yr
      4,745 SF

      Move-in Ready Flex Space Available

      Flex space for rent near DFW International Airport.
      8411-8415 Sterling St, Irving, TX 75063
      View Details
    View Listing
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    Irving, TX 75063
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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.

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    8600 N Royal Ln, Irving, TX, 75063

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