1805 Galloway Ave Mesquite, TX 75149
- Strip malls
- 26,000 SF
- 2.79 lot acres
Current Use by Public Records
- Jendiz Furniture / Furniture Store / Mattress Store
- NorthRidge Center / Shopping Mall
- Tornillo Ducts Cleaning / Air Filter Supplier
- Richardson Electrical Services / Electrician
Property Details for 1805 Galloway Ave
- Year built
- 1960
- Construction
- TILT-UP CONCRETE
- Lot size
- 2.79 lot acres
- Property size
- 26,000 SF
- Zone code
- Z97
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 38136500230030000
- APU
- 38136500230030000
Description
Northridge Center offers exceptional retail space for lease in the thriving Mesquite submarket. This single-story, Class B building totaling 25,772 square feet underwent a complete renovation in 2022, including a new roof and updated storefronts. Currently, 2,600 square feet of in-line retail space is available, divisible to a minimum of 1,000 square feet and with a maximum contiguous space of 1,600 square feet. The property features ample parking with 125 spaces, providing convenient access for customers. Located near the intersection of Hillcrest and easily accessible from US Hwy 80 & I-635, this center benefits from high visibility and strong traffic flow. The center is zoned commercial and enjoys proximity to a variety of national retailers, including Walmart Supercenter, Tractor Supply, La Michoacana Meat Market, Rio Grande Latin Market, DD's Discounts, Hobby Lobby, Mardel, Youfit, and AMC Theatres, ensuring high foot traffic and a strong customer base. Built in 1965, this renovated property presents a unique opportunity for businesses seeking a well-maintained and conveniently located retail space in a vibrant commercial area. No elevators are present in this single-story building. Multiple tenancies are available.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $630,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,000,000
- 6.5%
- $885,000
- 7%
- $895,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $855,000
- Geo Method
- $985,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $900,000
- Retail
- $845,000
- Mixed-Use
- $900,000
- Hospitality
- $920,000
- Educational
- $820,000
- Residential Income
- $770,000
- Energy
- $795,000
- Income-Based Land
- $900,000
- Food Service
- $925,000
Location Insight
- Map
- Local Demand
- City
- Mesquite
- County
- Dallas
- State
- Texas
- Longitude
- -96.607
- Latitude
- 32.7868
- CBSA code
- 19100
- CBSA name
- DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
