Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    115 N Belt Line Rd Mesquite, TX 75149

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $400,000

    Retail space with high visibility and easy highway access.

    Property size:
    12,000 SF
    Lot size:
    2.54 Acres

    Property Features for 115 N Belt Line Rd

    General Information

    Size
    12,000 SF
    Lot size
    2.54 Acres

    We can help!

    Listing Contact
    Jason G. Wingert
    Source: Moodyscre

    Listing Agent: Jason G. Wingert

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Retail Property on Belt Line

    Located at the corner of Belt Line Road and Highway 80, also known as 2200 Belt Line, this retail property offers convenient access from both Belt Line Road and Highway 80. The property benefits from significant tenant signage visibility, overlooking both Highway 80 and Belt Line Road. Essential utilities, including water, electric, and sewage, are already in place. The property is situated adjacent to a Comfort Suites and a major retail development, which includes Bank of America, Subway, Taco Cabana, and other businesses. The property size is 12000 square feet.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mesquite
    County
    Dallas
    State
    Texas
    Longitude
    -96.586075
    Latitude
    32.710842

    Nearby Similar for Sale

    • New
      $1,299,999
      1.10 Acres

      Updated Office Building in Mesquite

      Iconic commercial property with high visibility and modern updates.
      2040 N Belt Line Rd, Mesquite, TX 75150
      View Details
    • $1,100,000
      0.22 Acres

      Mesquite Metro Airport Hangar Facility

      Corporate hangar at Mesquite Metro Airport, built in 2019.
      1438 Airport Blvd, Mesquite, TX 75181
      View Details
    • $3,600,000
      1.91 Acres

      Storage Facilities Package Deal

      Two storage facilities with 273 units in Mesquite and Balch Springs.
      3818 N Town East Blvd, Mesquite, TX 75150
      View Details
    • $374,901
      0.25 Acres

      Updated Duplex in Mesquite, TX

      Recently updated duplex perfect for investors or owner-occupants.
      137 Montego Dr, Mesquite, TX 75149
      View Details
    • $350,000
      0.24 Acres

      Mesquite Warehouse with Owner Financing

      Warehouse in Mesquite, TX, with owner financing available.
      611 W Davis St, Mesquite, TX 75149
      View Details
    • $295,000
      0.10 Acres

      Medical Office Condo For Sale

      Medical condo with high visibility and ample parking.
      1050 N Beltline Rd Rd, Mesquite, TX 75149
      View Details
    • $900,000
      1,984 SF

      Mesquite Restaurant with Drive-Thru

      Recently updated restaurant with drive-thru, patio, and ample parking.
      4717 Gus Thomasson Rd, Mesquite, TX 75150
      View Details
    • $795,000
      0.56 Acres

      Retail Property with Freeway Access

      Retail property with office, storage, and fenced yard for sale.
      1010 Us Highway 80 E, Mesquite, TX 75149
      View Details
    • $787,000
      0.87 Acres

      Mesquite Office Building For Sale

      Commercial building in a high-traffic area with excellent visibility.
      4915 Gus Thomasson Rd, Mesquite, TX 75150
      View Details
    • New
      $499,950
      0.66 Acres

      Mesquite Commercial Building on Gus Thomasson

      Commercial building in high-traffic area suitable for retail or office.
      4224 Gus Thomasson Rd, Mesquite, TX 75150
      View Details
    • $350,000
      0.19 Acres

      Mesquite, TX Updated Care Home

      Non-medical home care facility, 100% occupied, updated plumbing and kitchen.
      2642 Rosewood Dr, Mesquite, TX 75150
      View Details
    • $350,000
      0.34 Acres

      Retail Opportunity in Mesquite, Texas

      Retail property available for sale in Mesquite, Texas.
      1601 W Bruton Rd, Mesquite, TX 75149
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail space with high visibility and easy highway access.
    Where is this retail space located?
    The property is located at 115 N Belt Line Rd Mesquite, TX.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: - Great tenant signage visibility overlooking Hwy 80 & Belt Line; - Easy ingress/egress from Belt Line and Hwy 80; - Utilities - water, electric, and sewage in place
    (214) 675-7583
    Request Owner's contact information
    115 N Belt Line Rd Mesquite, TX 75149
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    115 N Belt Line Rd
    Mesquite, TX 75149
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    115 N Belt Line Rd Mesquite, TX 75149
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Jason G. Wingert
    (214) 675-7583
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.