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Property profile & analytics
OFF-MARKET
Estimated value
$735,000
Medical Office Space
1106 Galloway Ave Mesquite, TX 75149-2436
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US82-2310313
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2002
Construction
TILT-UP CONCRETE
Total area
12,596 SF
Lot
1.31 ac (56,976 SF)
Zoning code
Z97
APN
380413000A0020000
UPID
US82-2310313
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Mesquite Medical & Surgical Physician
-
Orthopedic Center of Mesquite: Simon Robin MD Physician
-
Dr. Jessie D. Doyal, MD Pediatrician Physician
-
J Port Physician
-
Kayfan Farshid D MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$520k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$954k
Blend (final)
Blend
$735k
Owner & transaction history
Prime Healthcare Dallas Mob LLC · 3 yrs held
Prime Healthcare Dallas Mob LLC
since 2023
7 recorded transactions
Zoning & alternative use
Z97 · Mesquite, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Mesquite submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mesquite submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$520,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,170,000
Current use
Blend value · Realmo final
$735k
Range $662k – $809k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$58 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$48,556
Tax year 2023
Assessed value
$2,080,000
Assessed 2023
Previous assessed
$2,080,000
+0.0% YoY
Effective rate
2.33%
On assessed value
Assessed land
$284,910
Assessed improvement
$1,795,090
Land market value
$284,910
Improvement market value
$1,795,090
Total market value
$2,080,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2002
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
12,596 SF
Lot
1.31 ac (56,976 SF)
Zoning code
Z97
APN
380413000A0020000
UPID
US82-2310313
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z97 · Mesquite, TXZoning Z97 · permitted uses
Z97 · Mesquite, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$1.2M
MEDICAL BUILDING Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2002
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
1.31 ac
Current owner
From public records · entity-resolved
Prime Healthcare Dallas Mob LLC
Entity
Mailing address
16850 BEAR VLY RD #200, VICTORVILLE, CA 92395-5794
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 30, 2023
—
Prime Healthcare Dallas Mob LLC
Galloway Medical Center Ltd
Special Warranty Deed
—
May 8, 2020
—
Galloway Medical Center Ltd
—
Deed
related
$956,000 · Whitney Bank
May 14, 2002
—
J T Port
—
Trustees Deed
related
$1,200,000 · First State Bank Mesquite
Jan 30, 2001
—
J T Port
Brinkley & Brinkley INC
Grant Deed
$140,000 · Brinkley & Brinkley INC
—
—
Galloway Medical Center Ltd
—
Deed Of Trust
related
$287,068 · First State Bank Mesquite
—
—
Galloway Med Center Ltd
—
Deed Of Trust
related
$90,288 · Moncor Tax Advisors INC
—
—
Galloway Medical Center Ltd
—
Deed Of Trust
related
$100,000 · First State Bank Mesquite
—
—
Galloway Medical Center Ltd
—
Deed Of Trust
related
$300,000 · First State Bank Mesquite
—
—
Galloway Medical Center Ltd
—
Deed Of Trust
related
$287,068 · First State Bank Mesquite
—
—
Galloway,medical Center Ltd
—
Deed Of Trust
related
$300,000 · First State Bank Mesquite
—
—
Galloway Medical Center Ltd
—
Deed Of Trust
related
$150,000 · First State Bank Mesquite
—
—
J T Port
—
Deed Of Trust
related
$100,000 · First State Bank Mesquite
—
—
Galloway Medical Center Ltd
—
Deed Of Trust
related
$300,000 · First State Bank Mesquite
—
—
Galloway Med Center Ltd
—
Deed Of Trust
related
$56,367 · Moncor Tax Advisors INC
—
—
Galloway Medical Center Ltd
—
Deed Of Trust
related
$1,200,000 · First State Bank Mesquite
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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