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Property profile & analytics
OFF-MARKET
Estimated value
$1,270,000
Showrooms
9150 Royal Ln Irving, TX 75063-2420
Entity Owned
2-yr Hold
Free & Clear
Property ID
US82-3758243
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1984
Construction
TILT-UP CONCRETE
Total area
56,076 SF
Lot
4.75 ac (206,823 SF)
Zoning code
Z129
APN
32096560590050000
UPID
US82-3758243
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
-
Network Global Logistics - Dallas Freight Service Logistics Company
-
Cooper Lighting Dist EATON Corporate Office
-
INSPIRE Event Technologies, LLC Electronics & Wireless Store Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$790k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.75M
Blend (final)
Blend
$1.27M
Owner & transaction history
Php Freeport Venture LP · 2 yrs held
Php Freeport Venture LP
since 2024
7 recorded transactions
Zoning & alternative use
Z129 · Irving, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$2.0M
+23.2%
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
$790,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,655,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$2,035,000
Change: +23% · Conversion: Difficult
OFFICE BUILDING
$1,395,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$1.27M
Range $1.14M – $1.40M · ±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
$23 / 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
$133,286
Tax year 2023
Assessed value
$6,092,120
Assessed 2023
Previous assessed
$6,092,120
+0.0% YoY
Effective rate
2.19%
On assessed value
Assessed land
$3,102,380
Assessed improvement
$2,989,740
Land market value
$3,102,380
Improvement market value
$2,989,740
Total market value
$6,092,120
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1984
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
56,076 SF
Lot
4.75 ac (206,823 SF)
Zoning code
Z129
APN
32096560590050000
UPID
US82-3758243
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z129 · Irving, TX
Zoning Z129 · permitted uses
Z129 · 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
COMMERCIAL (GENERAL) Current
Est. value
$1.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.0M
OFFICE BUILDING
Est. value
$1.4M
COMMERCIAL (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
OFFICE 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
1984
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
4.75 ac
Current owner
From public records · entity-resolved
Php Freeport Venture LP
Entity
Free & Clear · 2 yrs held
Mailing address
6406 E SHIRE WAY STE #1399, LONG BEACH, CA 90815-4742
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 5, 2024
—
Php Freeport Venture LP
Bailey Financial Group LP
Special Warranty Deed
—
Apr 30, 2021
—
Bailey Financial Group LP
Js Royal Lane Owner LLC
Correction Deed
related
—
Dec 28, 2020
—
Bailey Financial Group LP
Js Royal Lane Owner LLC
Grant Deed
related
—
Nov 20, 2017
—
Js Royal Lane Owner LLC
—
Deed
related
$1,357,000 · Comerica Bk
Sep 18, 2012
—
Js Royal Lane Owner LLC
First Industrial Texas LP
Grant Deed
$1,357,000 · Comerica Bank
—
—
Js Royal Lane Owner LLC
—
Deed Of Trust
related
$1,113,000 · North Texas Certified Dev Corp
—
—
Js Royal Lane Owner LLC
—
Deed Of Trust
related
$400,000 · Comerica Bk
—
—
Js Royal Lane Owner LLC
—
Loan Modification
related
$1,357,000 · Comerica Bk
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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