Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    15330 Lyndon Baines Johnson Fwy Mesquite, TX 75150
    Back to Search
    Property profile & analytics

    15330 Lyndon Baines Johnson Fwy, Mesquite, TX 75150

    View on Map
    • Industrial properties
    • 56,541 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Industrial properties

    Property Details for 15330 Lyndon Baines Johnson Fwy

    Property type
    Industrial properties
    Property subtype
    Flex space

    Description

    La Prada Business Park offers a prime flex space opportunity in the thriving North Fort Worth submarket of Dallas County. This well-maintained property comprises over 56,000 square feet of commercial real estate spread across four buildings. Currently, a single suite totaling 800 square feet is available for lease within the park. The property is classified as industrial flex space, catering to businesses requiring a blend of office and warehouse functionality. The available suite presents a versatile space ideal for a variety of commercial uses. While the total building encompasses multiple suites, this particular listing focuses on the currently vacant 800-square-foot unit. The property is situated within the Dallas-Fort Worth submarket cluster, providing excellent access to major transportation routes and a robust business community. Given the limited parking information available, potential tenants should inquire about parking options during their property tour. The property's location in Dallas County offers a reputable and established business environment. Interested parties are encouraged to schedule a viewing to assess the suitability of this space for their operational needs. The total building size is 56,541 square feet, showcasing the scale of the overall La Prada Business Park development.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Mesquite
    County
    Dallas
    State
    Texas
    Longitude
    -96.6337
    Latitude
    32.8441

    Comparable in this City

    • Value Estimation by Request
      13,199 SF

      3129 I-30

      Flex space
      3129 I-30, Mesquite, TX 75150
      View Details
    • Value Estimation by Request
      12,950 SF

      3119 I-30 Frontage Rd

      Flex space
      3119 I-30 Frontage Rd, Mesquite, TX 75150
      View Details
    • Value Estimation
      $515,000
      22,356 SF

      2943 Oates Dr

      INDUSTRIAL (GENERAL)
      2943 Oates Dr, Mesquite, TX 75150-2360
      View Details
    • Value Estimation by Request
      47,743 SF

      2200 Franklin Dr

      Distribution properties
      2200 Franklin Dr, Mesquite, TX 75150
      View Details
    • Value Estimation by Request
      34,420 SF

      3818 Town Blvd

      Self storage facilities
      3818 Town Blvd, Mesquite, TX 75150
      View Details
    • Value Estimation by Request
      100,000 SF

      80 Nec Of I-635 & Us Hwy

      Distribution properties
      80 Nec Of I-635 & Us Hwy, Mesquite, TX 75150
      View Details

    Similar Nearby for Sale

    • $599,999
      0.49 Acres

      Renovated Highway Frontage Flex Space

      Renovated flex space with highway frontage and gated yard.
      3325 Ih 30, Mesquite, TX 75150
      View Details
    • Contact for pricing
      5,772 SF

      Mesquite Office/Flex/Warehouse Building For Sale

      5,700 SF office/flex/warehouse building near I-30 and Motley Drive.
      3910 Interstate 30, Mesquite, TX 75150
      View Details
    • Contact for pricing
      2,400 SF

      Mesquite Warehouse/Flex Building For Sale

      2,400 SF warehouse/flex building, ideal for cold storage.
      3121 Bamboo St, Mesquite, TX 75150
      View Details
    • Contact for pricing
      203,169 SF

      Mesquite Industrial Property Near Freeway

      Industrial property with strategic location near major transportation routes.
      19205 Lbj Fwy, Mesquite, TX 75150
      View Details
    • Contact for pricing
      19,815 SF

      Two 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
    • Contact for pricing
      34,420 SF

      Two Storage Facilities Package Deal

      Two storage facilities with 273 units in Mesquite and Balch Springs.
      3818 N Town Blvd E, Mesquite, TX 75150
      View Details

    Similar Nearby for Lease

    • $5,150 /Mo
      21,214 SF

      Renovated Office/Warehouse with Highway Frontage

      Renovated office and warehouse space with highway frontage and billboard.
      3325 Interstate 30, Mesquite, TX 75150
      View Details
    • Contact for pricing
      1,870 SF

      Mesquite Flex/Industrial Space Available

      1870 SF flex/industrial space for rent in Mesquite, TX.
      2836 I-30, Mesquite, TX 75150
      View Details
    • Contact for pricing
      2,600 SF

      Industrial Space Available For Rent

      2600 square feet of industrial space for lease.
      2828 I-30, Mesquite, TX 75150
      View Details
    • Contact for pricing
      1,300 SF

      Retail Space with High Visibility

      Retail space with easy access and exterior renovations underway.
      3501 Gus Thomasson Rd, Mesquite, TX 75150
      View Details
    • Contact for pricing
      26,568 SF

      Retail Space in Mesquite, Texas

      Retail property available for lease in Mesquite, Texas.
      1330 N Town Blvd E, Mesquite, TX 75150
      View Details
    • Contact for pricing
      5,270 SF

      Retail Space Near Town East

      Retail space available in power center near Town East Mall.
      1344 N Town Blvd E, Mesquite, TX 75150
      View Details
    Request Owner's contact information
    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.
    15330 Lyndon Baines Johnson Fwy
    Mesquite, TX 75150
    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
    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

    Thank You for Inquiry
    15330 Lyndon Baines Johnson Fwy, Mesquite, TX, 75150
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!