Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    8650 S Freeport Pkwy Irving, TX 75063
    Back to Search
    Property profile & analytics

    8650 S Freeport Pkwy, Irving, TX 75063

    View on Map
    • Office buildings
    • 95,268 SF
    • 6.09 lot acres
    For Lease
    $1,650,000
    View Listing →
    Irving Office Space For Rent For Lease
    $1,650,000
    6,809 SF

    Irving Office Space For Rent

    Available office space in Irving, Texas, with ample parking.

    8650 S Freeport Pkwy, Irving, TX
    View Listing
    Property ID
    US82-4755369
    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
    $1,650,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • CMG Financial / Loan Service / Bank
    • Kingdom Logistics, LLC / Logistics Company / Freight Service
    • ADT Security Services, LLC. / Security Service
    • Shannon Johnson - CMG Financial Mortgage Loan Officer NMLS# 1787048 / Loan Service
    • Home Community Mortgage / Loan Service / Bank

    Property Details for 8650 S Freeport Pkwy

    Year built
    1998
    Construction
    TILT-UP CONCRETE
    Lot size
    6.09 lot acres
    Zone code
    Z84
    Property type
    Office buildings
    APN
    320960800Q0010000
    APU
    320960800Q0010000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Nov 10, 2021 — 2 Industrial Tx 2 LLC Exeter 8650 Freeport LP Special Warranty Deed —
    Dec 27, 2018 — Exeter 8650 Freeport LP — Deed · related $240.7M · Wells Fargo Bk
    Sep 17, 2018 — Exeter 8650 Freeport LP Slate Freeport Holdings LLC Grant Deed —
    Feb 10, 2014 — Slate Freeport Holdings LLC 8650 Freeport Parkway Holdings Limi Special Warranty Deed $110.4M · Wells Fargo Bank NA
    Dec 7, 2010 $6,305,000 8650 Freeport Parkway Holdings Maxwell,wyatt Trustees Deed · related —
    Aug 25, 2006 — Icp 3100 Freeport Exchange Partners Grant Deed $8.5M · Artesia Mortgage Capital Corp
    — — Exeter 8650 Freeport LP — Deed Of Trust · related $240.7M · Wells Fargo Bk

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $1,430,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,867,000
      Market price range: $1.03M - $4.11M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $2,375,000
      Current use
      INDUSTRIAL (GENERAL)
      $1,955,000
      Change: -18% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Irving
    County
    Dallas
    State
    Texas
    Longitude
    -97.0122
    Latitude
    32.9248
    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
    $247,227
    $3,978,230
    $7,321,770
    $11,300,000
    -
    $3,978,230
    $7,321,770
    $11,300,000

    Comparable in this City

    • Value Estimation
      $1,590,000
      80,000 SF

      4650 Regent Blvd

      OFFICE BUILDING
      4650 Regent Blvd, Irving, TX 75063-2482
      View Details
    • Value Estimation
      $1,275,000
      80,997 SF

      8001 Ridgepoint Dr

      OFFICE BUILDING
      8001 Ridgepoint Dr, Irving, TX 75063-3156
      View Details
    • Value Estimation
      $905,000
      45,523 SF

      4529 Royal Ln

      OFFICE BUILDING
      4529 Royal Ln, Irving, TX 75063-2556
      View Details
    • Value Estimation
      $3,880,000
      269,280 SF

      8900 Freeport Pkwy

      OFFICE BUILDING
      8900 Freeport Pkwy, Irving, TX 75063-2409
      View Details
    • Value Estimation
      $785,000
      40,150 SF

      2425 Gtwy Dr

      OFFICE BUILDING
      2425 Gtwy Dr, Irving, TX 75063-2728
      View Details
    • Value Estimation
      $790,000
      21,978 SF

      2477 Gtwy Dr

      OFFICE BUILDING
      2477 Gtwy Dr, Irving, TX 75063-2728
      View Details

    Similar Nearby for Sale

    • 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
    • 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
      60,334 SF

      Irving Office Building For Sale

      Four-story, 60,334 SF office building in Freeport Business Park.
      8600 Freeport Pkwy, Irving, TX 75063
      View Details
    • Contact for pricing
      60,334 SF

      Irving Office Building For Sale

      Four-story, 60,334 SF office building in Freeport Business Park.
      8600 Freeport Pkwy, Irving, TX 75063
      View Details
    • Contact for pricing
      60,915 SF

      Office/Warehouse Business Park Near DFW

      Multi-tenant office and office/warehouse spaces near DFW Airport.
      3232 West Royal Ln, Irving, TX 75063
      View Details
    • Contact for pricing

      Irving Office Space Available

      Office property for sale in Irving, Texas.
      8333 Royal Ridge Pkwy, Irving, TX 75063
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      4,650 SF

      New Medical/Business Office Space

      Shell space in a convenient location near I-635.
      8500 Olympus Blvd #102, Irving, TX 75063
      View Details
    • Contact for pricing
      81,757 SF

      Irving Office Building Near Airport

      Office building with stone lobby and stainless elevator doors.
      8710 Freeport Pkwy, Irving, TX 75063
      View Details
    • Contact for pricing
      36,471 SF

      Office Building Near DFW Airport

      78,464 RSF office building available near DFW Airport.
      8001 Ridgepoint Dr, Irving, TX 75063
      View Details
    • Contact for pricing

      Professional Office Space Near Airport

      Affordable office space in Irving's Freeport Business Park.
      5005 W Royal Ln, Irving, TX 75063
      View Details
    • Contact for pricing
      20,291 SF

      Irving Office Space For Rent

      Multi-tenant office buildings near DFW International Airport.
      2801 Gateway Dr, Irving, TX 75063
      View Details
    • Contact for pricing
      81,780 SF

      Irving Office Space For Lease

      Office space for lease with excellent visibility and access.
      8333 Ridgepoint Dr, Irving, TX 75063
      View Details
    View Listing
    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.
    8650 S Freeport Pkwy
    Irving, TX 75063
    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

    Thank You for Inquiry
    8650 S Freeport Pkwy, Irving, TX, 75063
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!