Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$800,000
Motels
9001 R L Thornton Fwy Dallas, TX 75228-6120
Entity Owned
24-yr Hold
Free & Clear
Property ID
US82-2215867
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1956
Construction
FRAME
Total area
7,787 SF
Lot
4.18 ac (182,124 SF)
Zoning code
Z248
APN
725260000000
UPID
US82-2215867
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
-
TMJ Budget Tire (Bike/Boat/Book/etc) Store Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$785k
CAP Approach
CAP
$820k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$800k
Owner & transaction history
Lamplighter Motel INC · 24 yrs held
Lamplighter Motel INC
since 2002
1 recorded transaction
Zoning & alternative use
Z248 · Dallas, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.1M
+542.7%
Auto repair, garage
$910,000
+447.6%
Commercial (general)
$650,000
+293.3%
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
$785,000
CAP Approach
CAP Return
Estimation
6%
$890,000
6.5%
$820,000
7%
$760,000
Alternative Use
Use
Estimation
RESTAURANT
$1,065,000
Change: +543% · Conversion: Difficult
AUTO REPAIR, GARAGE
$910,000
Change: +448% · Conversion: Difficult
COMMERCIAL (GENERAL)
$650,000
Change: +293% · Conversion: Difficult
OFFICE BUILDING
$645,000
Change: +289% · Conversion: Difficult
RETAIL STORES
$645,000
Change: +289% · Conversion: Difficult
MEDICAL BUILDING
$530,000
Change: +219% · Conversion: Difficult
Blend value · Realmo final
$800k
Range $720k – $880k · ±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
$103 / 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
$67,696
Tax year 2023
Assessed value
$2,950,000
Assessed 2023
Previous assessed
$2,950,000
+0.0% YoY
Effective rate
2.29%
On assessed value
Assessed land
$910,620
Assessed improvement
$2,039,380
Land market value
$910,620
Improvement market value
$2,039,380
Total market value
$2,950,000
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
1956
Construction
FRAME
Heating
OTHER
Cooling
WINDOW A/C
Buildings
10
Stories
1
Total area
7,787 SF
Lot
4.18 ac (182,124 SF)
Zoning code
Z248
APN
725260000000
UPID
US82-2215867
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
RESTAURANT
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$910,000
COMMERCIAL (GENERAL)
Est. value
$650,000
OFFICE BUILDING
Est. value
$645,000
RETAIL STORES
Est. value
$645,000
MEDICAL BUILDING
Est. value
$530,000
RESTAURANT
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
OFFICE BUILDING
RETAIL STORES
MEDICAL BUILDING
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
1956
Construction
FRAME
Heating
OTHER
Cooling
Yes
Stories
1
Buildings
10
Lot
4.18 ac
Current owner
From public records · entity-resolved
Lamplighter Motel INC
Entity
Free & Clear · 24 yrs held
Mailing address
9033 E R L THORNTON FWY, DALLAS, TX 75228-6120
Ownership since
2002
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 30, 2002
—
Lamplighter Motel INC
Sneh Enterprises INC
Grant Deed
related
—
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 9001 R L Thornton Fwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
