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Office Building with Fenced Yard
For Sale
$899,000

1010 US Highway 80 E, Mesquite, TX 75149

CommercialSale, Mesquite, TX

Property Size1,255 SF
Lot Size0.56 Acres
Price / SF$716.33
Days on Market132

Property Features for 1010 US Highway 80 E

General Information

Property type Commercial Sale
Property subtype Retail
Subdivision W Foreman Surv Abs 486
Directions Use GPS
Standard status Active
APN 65048676010230000
Lot size 0.56 Acres

Taxes and HOA fees

Tax Description WILLIAM FOREMAN ABST 486 PG 760 TR 23 ACS 0.5
Tax Annual Amount 5964
Legal Description WILLIAM FOREMAN ABST 486 PG 760 TR 23 ACS 0.5

Utilities

Sewer type Public Sewer
Heating system Electric (Heating)
Cooling system Central Air

Building Details

Year built 1950
Floors in Building 1
Number of units 2
Flooring type Laminate
Roof type Composition
Listing Agency: EXP REALTY
Listed By: Robert Owen · License #0703563
Added: Jun 7 Changed: Sep 30 Last Checked: Oct 16 at 12:06PM
MLS# 21042787

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This office property includes a reception area, a dedicated receptionist office, a larger private office, and two entrances. The site also includes an 8 ft chain link fenced yard with space designated for storage and employee or customer parking, along with a 15 X 30 ft insulated storage building. Interior and building features include laminate flooring, electric heat, central air, a composition roof, and public sewer.

The property is located at 1010 US Highway 80 E in Mesquite, Texas. The surrounding highway corridor is reported to carry over 100,000 vehicles per day, and the site offers access to US Highway 80. Built in 1950, the office provides a combination of enclosed work areas and secured outdoor storage space.

Key Highlights

  • 8 ft chain link fenced yard for storage and employee or customer parking
  • 15 X 30 ft insulated storage building
  • Reception area, receptionist office, and larger private office

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$72,067
Cap Rate
8.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,441,340 $1.4M
Cap Rate 7%
$1,029,529 $1.0M
Cap Rate 9%
$800,744 $800.7K
Market Conditions
NOI Build-Up for 1,255 SF
Gross rent
$128.5K $102.36/SF
− Vacancy
−$32.4K −$25.79/SF
EGI
$96.1K $76.57/SF
− OpEx
−$24.0K −$19.14/SF
NOI
$72.1K $57.42/SF
Area
Mesquite, TX
Vacancy
25.20%
Lease Rate
$102.36 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,441,340
Cap Rate 7%
$1,029,529
Cap Rate 9%
$800,744

Alternative Uses

Best Use
Office B
$1.03M
$900.8K – $1.20M (±1% cap)
NOI $72,067 @ 7.0% cap · market cap 8.02%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$3.37M
$2.95M – $3.93M (±1% cap)
NOI $235,702 @ 7.0% cap · market cap 26.22%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Restaurant Big Box & Wholesale Store Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Fenced yard
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

773
Businesses Nearby

Demographics for 75149, TX

60,317
Population
21,058
Households
2.9
Avg Household Size
33
Median Age
15%
College-Educated
78%
High-School Grad
16.0 sq mi
ZIP Area
3,770
Density / Sq Mi
$70,629
Median Household Income
$37,080
Median Earnings
$1,408
Median Rent
$207,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office building - Office improvements include multiple work areas, two entrances, and a separate insulated storage building.
Where is this office building located?
The property is located at 1010 US Highway 80 E Mesquite, TX.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: 8 ft chain link fenced yard for storage and employee or customer parking; 15 X 30 ft insulated storage building; Reception area, receptionist office, and larger private office
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