2560 Royal Ln, Dallas, TX 75229 – Neighborhood Shopping Center

RetailYear Built 1976Total Assessed Value $5,954,430County Dallas

Property Details

The Retail property 2560 Royal Ln, Dallas, TX 75229 is located in Dallas County. The specific property type is Neighborhood Shopping Center. The total assessed value of this property is $5,954,430.

The gross building area is 60,110 square feet and the land area is 150,504 square feet for this Neighborhood Shopping Center built in 1976.

Legal description: Town West Mall Addn Revised Blk 6562 Lt 1A Acs 3.4551 Int201300202540 Dd06252013 Co-Dc 6562 000 01A00 1006562 000

$5,954,430

Market Value

8.40%

Cap Rate

N/A

NOI

N/A

Occupancy

Avg Rent

Property Image of 2560 Royal Ln, Dallas, TX 75229, Retail

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Property Information

Property TypeRetail

Sub Property TypeNeighborhood Shopping Center

Building Area60,110

Land Size150,504

Land Value$1,505,040

Improved Value$4,449,390

Total Assessed Value$5,954,430

Year Built1976

County NameDallas

Account Number00000604586550000

Cap Rate8.40%

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningCentral

HeatingCentral

Type ConstructionTilt up pre cast concrete

No of Stories2

Garage TypeYes 100

Number of Units1

Sales History

6/27/2013

Arms-length$3,087,500

Buyer

Royal Plaza Investment Llc

Seller

Central Fun Investments Inc

Book Number

201300202540

Recording Date

6/27/2013

Transaction Details

Royal Plaza Investment Llc acquired the property from Central Fun Investments Inc through a Arms-length transaction on 6/27/2013 for $3,087,500.

12/16/1993

OtherNot Disclosed

Buyer

Seller

Book Number

Recording Date

12/16/1993

Transaction Details

acquired the property from through a Other transaction on 12/16/1993 for .

Property constructed in 1976

YSale Price (USD) byXSales Year

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Mortgage History

8/12/2024

Arms length residential transactions purchase or resales$6,000,000

Borrower

Royal Plaza Investment Llc

Lender

Hanmi Bank

Book Number

2024.165231

Recording Date

8/12/2024

Transaction Details

Royal Plaza Investment Llc borrowed the property from Hanmi Bank through a Arms length residential transactions purchase or resales transaction on 8/12/2024 for $6,000,000.

8/9/2019

Helocs both purchase money and non purchase money helocs$5,500,000

Borrower

Plaza Investment Llc

Lender

Hanmi Bank

Book Number

2019.213296

Recording Date

8/9/2019

Transaction Details

Plaza Investment Llc borrowed the property from Hanmi Bank through a Helocs both purchase money and non purchase money helocs transaction on 8/9/2019 for $5,500,000.

4/8/2016

Sale$3,665,000

Borrower

Royal Plaza Investment Llc

Lender

Wilshire Bank

Book Number

2016.97955

Recording Date

4/8/2016

Transaction Details

Royal Plaza Investment Llc borrowed the property from Wilshire Bank through a transaction on 4/8/2016 for $3,665,000.

10/2/2014

Sale$530,000

Borrower

Royal Plaza Investment Llc

Lender

Wilshire Bank

Book Number

2014.255920

Recording Date

10/2/2014

Transaction Details

Royal Plaza Investment Llc borrowed the property from Wilshire Bank through a transaction on 10/2/2014 for $530,000.

6/25/2013

Sale$2,470,000

Borrower

Royal Plaza Investment Llc

Lender

Wilshire State Bank

Book Number

Recording Date

6/25/2013

Transaction Details

Royal Plaza Investment Llc borrowed the property from Wilshire State Bank through a transaction on 6/25/2013 for $2,470,000.

Property constructed in 1976

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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 ↕	Land Size (SF) ↕	GBA (SF) ↕
2026	$1,505,040	$4,697,500	$6,202,540	$6,202,540	Royal Plaza Investme...	2560 Royal Ln Ste 21...	Town West Mall Addn ...	1DSE05	-	150,504	60,110
2025	$1,505,040	$4,449,390	$5,954,430	$5,954,430	Royal Plaza Investme...	2560 Royal Ln Ste 21...	Town West Mall Addn ...	1DSE05	Town West Mall Addn ...	150,504	60,110
2024	$1,505,040	$4,449,390	$5,954,430	$5,954,430	Royal Plaza Investme...	2560 Royal Ln Ste 21...	Town West Mall Addn ...	1Dse05	TOWN WEST MALL ADDN ...	150,504	60,110
2023	$1,505,040	$3,953,190	$5,458,230	$5,458,230	Royal Plaza Investme...	2560 Royal Ln Ste 21...	Town West Mall Addn ...	1DSE05	TOWN WEST MALL ADDN ...	150,504	60,110
2022	$1,505,040	$3,953,190	$5,458,230	$5,458,230	Royal Plaza Investme...	2560 Royal Ln Ste 21...	Town West Mall Addn ...	1DSE05	-	150,504	60,110
2021	$1,505,040	$3,376,980	$4,882,020	$4,882,020	Royal Plaza Investme...	2560 Royal Ln Ste 21...	Town West Mall Addn ...	1DSE05	TOWN WEST MALL ADDN ...	150,504	60,110
2020	$1,505,040	$3,204,100	$4,709,140	$4,709,140	Royal Plaza Investme...	2560 Royal Ln Ste 21...	Town West Mall Addn ...	1DSE05	-	150,504	60,110
2019	$1,204,030	$3,045,970	$4,250,000	$4,250,000	Royal Plaza Investme...	2560 Royal Ln Ste 21...	Town West Mall Addn ...	1DSE05	TOWN WEST MALL ADDN ...	150,504	55,310
2018	$1,204,030	$3,045,970	$4,250,000	$4,250,000	Royal Plaza Investme...	2560 Royal Ln Ste 21...	Town West Mall Addn ...	1DSE05	TOWN WEST MALL ADDN ...	150,504	55,310
2017	$1,204,030	$3,426,900	$4,630,930	$4,630,930	Royal Plaza Investme...	2560 Royal Ln Ste 21...	Town West Mall Addn ...	1DSE05	TOWN WEST MALL ADDN ...	150,504	55,310

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Showing 1 to 10 of 18 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 ↕
2560 Royal Ln, Dallas, TX 75229	00000604586550000	Retail	Neighborhood Shopping Center	Royal Plaza Investment Llc	Dallas	-	$ 3,087,500	2013-06-27	$ 51.36	1976	60,110	1
2810 E Trinity Mills Rd, Carrollton, TX 75006	14061590020030000	Retail	Neighborhood Shopping Center	Hsm Mills Pointe Partners Lp	Dallas	6.7	$ 13,645,800	2025-06-17	$ 238.74	1985	57,157	13
4900 Belt Line Rd, Addison, TX 75254	10005230000000000	Retail	Neighborhood Shopping Center	Lmr Ii Quorum Ii Plaza Llc	Dallas	5.6	$ 19,152,000	2024-12-12	$ 234.06	1981	81,824	-
610 N Coit Rd, Richardson, TX 75080	421435000102A0000	Retail	Neighborhood Shopping Center	Agf Promenade Ii Ltd	Dallas	8.5	$ 8,565,200	2025-09-12	$ 109.21	1979	78,430	-
724 W Main St, Lewisville, TX 75067	771112	Retail	Neighborhood Shopping Center	Stonehenge Garland Properties Llc	Denton	12.5	$ 8,558,550	2024-11-07	$ 176.73	1983	48,427	-
724 W Main St, Lewisville, TX 75067	74597	Retail	Neighborhood Shopping Center	Stonehenge Garland Properties Llc	Denton	12.5	$ 12,635,000	2024-10-03	$ 329.47	1983	38,350	-
6300 Samuell Blvd, Dallas, TX 75228	00612700020220000	Retail	Neighborhood Shopping Center	Dw Village Ii Llc	Dallas	13.5	$ 7,960,974	2024-12-12	$ 145.69	1985	54,645	-
3033 W Parker Rd, Plano, TX 75023	1818652	Retail	Neighborhood Shopping Center	West Parker Shopping Center Lp	Collin	13.1	$ 9,842,000	2025-10-29	$ 156.75	1985	62,787	-
2305 S Sh 121 Bus, Lewisville, TX 75067	86499	Retail	Neighborhood Shopping Center	Joseyspring Valley Llc	Denton	10.1	$ 5,586,000	2024-06-17	$ 125.38	1985	44,552	-
1701 Airport Fwy, Bedford, TX 76021	05667569	Retail	Neighborhood Shopping Center	Central Square Dfw Llc	Tarrant	14.9	$ 7,002,450	2024-11-25	$ 173.41	1984	40,380	1
915 W Parker Rd, Plano, TX 75023	2612982	Retail	Neighborhood Shopping Center	Parker Landmark Investment Group Llc	Collin	14.6	$ 8,778,000	2024-06-26	$ 124.53	1980	70,489	-

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Nearby Lenders

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Search:

Lender Name ↕	Property Address ↕	Loan Date ↕	Mortgage Amount ↕	Land Size (SF) ↕	Year Built ↕	GBA (SF) ↕	Total Assessed Value ↕	Land Assessed Value ↕	Borrower ↕
—	2560 Royal Ln, Dallas, TX 75229	—	-	150,504	1976	60,110	$ 5,954,430	$ 1,505,040	-
Plainscapital Bank	2760 E Trinity Mills Rd, Carrollton, TX 75006	08/18/2025	$ 6,500,000	193,154	1983	50,577	$ 6,775,110	$ 1,545,230	College Park Joint Venture Llc
Rga Americas Investments Llc	101 S Coit Rd, Richardson, TX 75080	07/03/2025	$ 6,300,000	549,074	1965	160,851	$ 12,429,140	$ 4,392,590	Dalrich Village Ltd
Ubs Ag New York Branch	2810 E Trinity Mills Rd, Carrollton, TX 75006	06/17/2025	$ 10,260,000	85,312	1985	19,069	$ 2,508,100	$ 682,500	Tmp Retail Group Llc
Ubs Ag New York Branch	2810 E Trinity Mills Rd, Carrollton, TX 75006	06/17/2025	$ 10,260,000	229,021	1985	57,157	$ 8,845,310	$ 1,832,170	Tmp Retail Group Llc
First United Bank & Trust Co	175 W Sw Pkwy, Lewisville, TX 75067	06/02/2025	$ 2,952,105	28,010	1994	6,848	$ 997,200	$ 224,080	C4 Ranch And Commercial Llc
Starwood Mortgage Capital Llc	3800 Irving Ave, Dallas, TX 75247	05/13/2025	$ 84,000,000	200,152	1969	62,502	$ 31,138,640	$ 22,016,720	Dlv Tc Village Lp
Frost Bank	11500 Harry Hines Blvd Unit118, Dallas, TX 75229	05/09/2025	$ 245,000	118,344	2004	2,530	$ 348,980	$ 58,820	Soccer Uniform Solutions Llc
Cattlemens Bank	6229 Hillcrest Ave, Dallas, TX 75205	05/01/2025	$ 1,680,000	7,725	1940	4,187	$ 2,467,180	$ 1,545,000	3411 Asbury Llc
One World Bank	18613 Marsh Ln Unit100, Dallas, TX 75287	04/23/2025	$ 2,000,000	25,253	1986	7,952	$ 1,231,232	$ 467,181	Aahan Holdings Llc
Frost Bank	6229 Hillcrest Ave, Dallas, TX 75205	04/08/2025	$ 2,750,000	7,725	1940	4,187	$ 2,467,180	$ 1,545,000

Mean$ 14,359,941

Median$ 5,050,675.0

Loan Amount Range$ 245,000 - $ 120,000,000

Showing 1 to 10 of 26 entries

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Tenant Details

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Search:

Property Address ↕	Owner Name ↕	Phone ↕	Industry Description ↕
2560 ROYAL LN STE 115, DALLAS, TX 75229-7104	SEOUL BARBER	9722431753	BARBERS
2560 ROYAL LN STE 204, DALLAS, TX 75229-3494	PARK, MATTHEW M CPA	9724843050	TAX RETURN PREPARATION & FILING
2560 ROYAL LN STE 102, DALLAS, TX 75229-3482	CAFE 2560	9724882560	CATERERS
2560 ROYAL LN STE 102, DALLAS, TX 75229-3482	CAFE 2560	9724882560	RESTAURANTS
2560 ROYAL LN STE 216, DALLAS, TX 75229-3462	SEOUL TRAVEL TOURS	9726201525	TRAVEL AGENCIES & BUREAUS
2560 ROYAL LN STE 204, DALLAS, TX 75229-3494	PARK, MATTHEW M CPA	9724843050	ACCOUNTANTS
2560 ROYAL LN STE 102, DALLAS, TX 75229-3482	CAFE 2560	9724882560	FOODS-CARRY OUT
2560 ROYAL LN STE 217, DALLAS, TX 75229-3461	S W C BUSINESS SVC	2143663413	BUSINESS SERVICES NEC
2560 ROYAL LN STE 100, DALLAS, TX 75229-3494	ROYAL WOK CHINESE	9724888336	RESTAURANTS
2560 ROYAL LN, DALLAS, TX 75229-3452	NOLLOWA BAR GRILL	9722415555	RESTAURANTS

Showing 1 to 10 of 24 entries

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License Details

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