1321 Commerce St, Dallas, TX 75202 – Hotel/Motel, High-rise (4+ stories)

ServiceYear Built 1912Total Assessed Value $73,218,660County Dallas

Property Details

The Service property 1321 Commerce St, Dallas, TX 75202 is located in Dallas County. The specific property type is Hotel/Motel, High-rise (4+ stories). The total assessed value of this property is $73,218,660.

The gross building area is 539,635 square feet and the land area is 0 square feet for this Hotel/Motel, High-rise (4+ stories) built in 1912.

Legal description: Adolphus Hotel 2 Blk A/70 Lt 1A Acs 1.4509 Impts Only 070 00A 01A 1000070 00A

$73,218,660

Market Value

8.25%

Cap Rate

N/A

NOI

N/A

Occupancy

$249,269,046

Avg Rent

Property Image of 1321 Commerce St, Dallas, TX 75202, Service

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Property Information

Property TypeService

Sub Property TypeHotel/Motel, High-rise (4+ stories)

Building Area539,635

Land Size0

Land Value$0

Improved Value$73,218,660

Total Assessed Value$73,218,660

Year Built1912

County NameDallas

Account Number000070000A01A9900

Cap Rate8.25%

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningCentral

HeatingCentral

Type ConstructionSteel

No of Stories25

Total Rooms422

Number of Units422

Sales History

12/19/2012

Other$33,500,000

Buyer

Seller

Book Number

Recording Date

12/19/2012

Transaction Details

acquired the property from through a Other transaction on 12/19/2012 for $33,500,000.

1/31/2012

OtherNot Disclosed

Buyer

Winthrop Realty Trust

Seller

The Adolphus Associates

Book Number

2012000310

Recording Date

1/31/2012

Transaction Details

Winthrop Realty Trust acquired the property from The Adolphus Associates through a Other transaction on 1/31/2012 for .

Property constructed in 1912

YSale Price (USD) byXSales Year

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Mortgage History

6/30/2016

Helocs both purchase money and non purchase money helocs$45,000,000

Borrower

Rbp Adolphus Llc

Lender

Jackson National Life Insurance Co

Book Number

2016.177874

Recording Date

6/30/2016

Transaction Details

Rbp Adolphus Llc borrowed the property from Jackson National Life Insurance Co through a Helocs both purchase money and non purchase money helocs transaction on 6/30/2016 for $45,000,000.

4/24/2013

Helocs both purchase money and non purchase money helocs$15,000,000

Borrower

Rbp Aolphus Llc

Lender

Jackson National Life Insurance Company

Book Number

2013.131308

Recording Date

4/24/2013

Transaction Details

Rbp Aolphus Llc borrowed the property from Jackson National Life Insurance Company through a Helocs both purchase money and non purchase money helocs transaction on 4/24/2013 for $15,000,000.

Property constructed in 1912

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Assessment History

Assessment Year ↓	Assessed Land Value ↕	Assessed Improved Value ↕	Assessed Total Value ↕	Market Value ↕	Owner Name ↕	Owner Address ↕	Legal Description ↕	Neighborhood Code ↕	Sub Division ↕	GBA (SF) ↕
2026	-	$83,383,720	$83,383,720	$83,383,720	Rbp Adolphus Llc	4100 Regent St Ste G	Adolphus Hotel 2 Blk...	1DSJ7A	-	539,635
2025	-	$62,732,350	$62,732,350	$62,732,350	Rbp Adolphus Llc	Rock Bridge Capital ...	Adolphus Hotel 2 Blk...	1DSJ7A	Adolphus Hotel Add #...	539,635
2024	-	$60,372,700	$60,372,700	$60,372,700	Rbp Adolphus Llc	4100 Regent St Ste G	Adolphus Hotel 2 Blk...	1DSJ7A	ADOLPHUS HOTEL ADD #...	539,635
2023	-	$50,762,500	$50,762,500	$50,762,500	Rbp Adolphus Llc	% Rock Bridge Capita...	Adolphus Hotel 2 Blk...	1DSJ7A	ADOLPHUS HOTEL ADD #...	539,635
2022	-	$26,502,000	$26,502,000	$26,502,000	Rbp Adolphus Llc	% Rock Bridge Capita...	Adolphus Hotel 2 Blk...	1DSJ7A	-	539,635
2021	-	$28,737,500	$28,737,500	$28,737,500	Rbp Adolphus Llc	% Rock Bridge Capita...	Adolphus Hotel 2 Blk...	1DSJ7A	ADOLPHUS HOTEL ADD #...	539,635
2020	-	$32,005,460	$32,005,460	$32,005,460	Rbp Adolphus Llc	% Rock Bridge Capita...	Adolphus Hotel 2 Blk...	1DSJ7A	-	539,635
2019	-	$45,680,540	$45,680,540	$45,680,540	Rbp Adolphus Llc	% Rock Bridge Capita...	Adolphus Hotel 2 Blk...	1DSJ7A	-	539,635
2018	-	$29,845,550	$29,845,550	$29,845,550	Rbp Adolphus Llc	% Rock Bridge Capita...	Adolphus Hotel 2 Blk...	1DSJ7A	-	539,635
2017	-	$26,371,990	$26,371,990	$26,371,990	Rbp Adolphus Llc	% Rock Bridge Capita...	Adolphus Hotel 2 Blk...	1DSJ7A	-	539,635

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Showing 1 to 10 of 17 entries

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Rent & Occupancy

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Comparables

Address ↕	Assessors Parcel Number ↕	Property Type ↕	Property Sub Type ↕	Owner Name ↕	County ↕	Miles ↕	Sale Price ↕	Sale Date ↕	Price / SF ↕	Year Built ↕	GBA ↕	Units ↕
1321 Commerce St, Dallas, TX 75202	000070000A01A9900	Service	Hotel/Motel, High-rise (4+ stories)	Rbp Adolphus Llc	Dallas	-	$ 33,500,000	2012-12-19	$ 62.08	1912	539,635	422
1033 Young St, Dallas, TX 75202	00000100594000000	Service	Hotel/Motel, High-rise (4+ stories)	Santa Fe Iv Hotel Lp	Dallas	0.2	$ 32,644,850	2025-10-02	$ 198.09	1925	164,800	193
5701 Main St 315, Houston, TX 77005	0391560000001	Service	Hotel/Motel, High-rise (4+ stories)	Rb Zaza Houston Llc	Harris	228.3	$ 60,000,000	2024-12-09	$ 227.38	1952	263,877	315
811 Commerce St, Fort Worth, TX 76102	00005649	Service	Hotel/Motel, High-rise (4+ stories)	Glf Fw Hotel Llc	Tarrant	31.0	$ 12,768,000	2025-08-19	$ 53.41	1967	239,040	-
1717 N Akard St, Dallas, TX 75201	00000112297000000	Service	Hotel/Motel, High-rise (4+ stories)	-	Dallas	0.4	$ 147,430,500	2025-03-12	$ 254.61	1961	579,037	545
15222 Jfk Blvd 415, Houston, TX 77032	0461780000028	Service	Hotel/Motel, High-rise (4+ stories)	Krishna Iah Llc	Harris	215.9	$ 17,556,000	2025-11-18	$ 72.38	1971	242,564	415
6500 Doubletree Ave, Columbus, OH 43229	610-182517	Service	Hotel/Motel, High-rise (4+ stories)	Worthington Grand Hospitality Llc	Franklin	923.1	$ 6,250,000	2024-12-27	$ 34.76	1981	179,824	-
801universitydre, College Station, TX 77840	45744	Service	Hotel/Motel, High-rise (4+ stories)	Calgary Square Eat Llc	Brazos	151.6	$ 20,947,500	2026-01-30	$ 94.01	1984	222,830	1
6100 E Gateway Blvd, Elpaso, TX 79905	130213	Service	Hotel/Motel, High-rise (4+ stories)	M4tx Holdings Llc & Yellofi Equity Ii Llc & 2	El Paso	568.7	$ 27,500,000	2022-10-04	$ 130.62	1977	210,541	200
4650 W Airport Fwy, Irving, TX 75062	32543200010010000	Service	Hotel/Motel, High-rise (4+ stories)	Sirmaur Dfw Hotels Lp	Dallas	13.5	$ 23,940,000	2024-11-20	$ 131.46	1984	182,111	305
1750 W Loop S 301, Houston, TX 77027	1197150010002	Service	Hotel/Motel, High-rise (4+ stories)	1750 W Loop Partners Llc	Harris	225.2	$ 22,344,000	2022-12-21	$ 135.42	1977	164,996	301

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Nearby Lenders

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Lender Name ↕	Property Address ↕	Loan Date ↕	Mortgage Amount ↕	Land Size (SF) ↕	Year Built ↕	GBA (SF) ↕	Total Assessed Value ↕	Land Assessed Value ↕	Borrower ↕
—	1321 Commerce St, Dallas, TX 75202	—	-	0	1912	539,635	$ 73,218,660	-	-
Commerce Bank	5954 Luther Ln, Dallas, TX 75225	08/29/2025	$ 37,000,000	41,470	1999	149,259	$ 37,000,000	$ 5,391,100
Lrecs Holdings Iia Llc	4500 Harry Hines Blvd, Dallas, TX 75219	08/28/2025	$ 15,000,000	97,622	1971	119,250	$ 11,300,100	$ 3,416,770	Crep Dallas Hotel Opco Llc
Benchmark Bank	1811 S Blvd, Dallas, TX 75215	08/28/2025	$ 1,000,000	38,948	2000	31,350	$ 1,980,000	$ 389,480	Edgewood Manor Senior Apartmen
Berkadia Commercial Mtg Llc	3922 Simpson St, Dallas, TX 75246	08/01/2025	$ 19,280,000	69,348	2015	97,117	$ 31,829,030	$ 2,427,180	Simpson Place Alf Realty Llc
American Bank Na	1521 Inwood Rd, Dallas, TX 75247	07/31/2025	$ 5,200,000	51,183	2008	53,844	$ 5,902,090	$ 1,023,660	Prity Investments Inc
Emg Transfer Agent Llc	2101 N Stemmons Fwy, Dallas, TX 75207	07/29/2025	$ 16,500,000	233,220	1989	178,331	$ 25,100,000	$ 8,162,700	Dallas Suites Re Llc
Texas Republic Bank Na	3051 Pegasus Park Dr, Dallas, TX 75247	06/11/2025	$ 10,677,100	88,862	2014	56,702	$ 9,776,500	$ 1,954,960	Om Shanti Om Fourteen Llc
Goldman Sachs Bank Usa	2117 Live Oak St, Dallas, TX 75201	04/10/2025	$ 300,000,000	99,556	1958	1,369,678	$ 176,910,960	$ 11,946,720	Chartres 400 Llc
Bank Of America Na	2493 N Stemmons Fwy, Dallas, TX 75207	02/12/2025	$ 580,000,000	225,510	1997	195,443	$ 33,579,890	$ 5,637,750	Ashford Market Center Lp
Dallas Capital Bank	2516 Maple Ave, Dallas, TX 75201	01/17/2025	$ 5,550,000	15,440	1900	16,734	$ 3,380,960	$ 2,702,000	St Germain Development Llc

Mean$ 116,990,105

Median$ 32,436,532.0

Loan Amount Range$ 1,000,000 - $ 580,000,000

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Tenant Details

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Property Address ↕	Owner Name ↕	Phone ↕	Industry Description ↕
1321 COMMERCE ST, DALLAS, TX 75202-4202	IDC CONSTRUCTION	9728033911	LAWN & GROUNDS MAINTENANCE
1321 COMMERCE ST, DALLAS, TX 75202-4294	ADOLPHUS HOTEL	2147428200	CONSTRUCTION COMPANIES
1321 COMMERCE ST, DALLAS, TX 75202-4202	IDC CONSTRUCTION	9728033911	CONSTRUCTION COMPANIES
1321 COMMERCE ST, DALLAS, TX 75202-4202	IDC CONSTRUCTION	9728033911	FEDERAL GOVERNMENT CONTRACTORS
1321 COMMERCE ST, DALLAS, TX 75202-4202	DALLAS FLOWER FLORIST	2147416336	FLORISTS-RETAIL
1321 COMMERCE ST, DALLAS, TX 75202-4202	BEST BUILDING MATERIALS	2147428300	BUILDING MATERIALS
1321 COMMERCE ST, DALLAS, TX 75202-4294	ADOLPHUS HOTEL	2147428200	FEDERAL GOVERNMENT CONTRACTORS
1321 COMMERCE ST, DALLAS, TX 75202-4202	OTTO'S COFFEE FINE FOODS	2146513685	RESTAURANTS
1321 COMMERCE ST, DALLAS, TX 75202-4202	JS AUDIO VISUAL	2147495745	AUDIO-VISUAL EQUIPMENT & SUPLS (WHLS)
1321 COMMERCE ST, DALLAS, TX 75202-4202	FRENCH ROOM	2147428200	RESTAURANTS

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Tenant Industry Distribution

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License Details

License Number

11340256665

Permit Holders

Issued By

Sales Tax Permit Holders

State Authority

Issue Date

4/4/2023

Original Issuance

Expire Date

-

Owner Details

Category	Field	Value
Owner / Tax Payer	Owner Name	ENCORE GROUP (USA) LLC
	Address Line	5100 river rd ste 300
	City / State / Zip	schiller park IL 60176
Entity Information	Entity Type	-
Entity Information	Business Type	-
Zoning Information	Zoning	-
Government Codes	FIPS Code	48113
Government Codes	Census Tract	-
Postal Information	ZIP Status Code	60176
Registration Details	SOS Code

License Timeline

License Issued

4/4/2023

Currently Active

Status: -

Renewal Required

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