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Property profile & analytics
OFF-MARKET
Estimated value
$9,230,000
Warehouses
1201 Chase Rd Mesquite, TX 75149-2764
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US82-4065933
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2000
Construction
TILT-UP CONCRETE
Total area
530,100 SF
Lot
28.84 ac (1,256,270 SF)
Zoning code
Z109
APN
38190610020010000
UPID
US82-4065933
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
-
Hayes Retail Services Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.23M
Owner & transaction history
Lcg2i 1201 Chase Road LLC · 2 yrs held
Lcg2i 1201 Chase Road LLC
since 2024
7 recorded transactions
Zoning & alternative use
Z109 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$17 / 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
$740,019
Tax year 2023
Assessed value
$31,699,980
Assessed 2023
Previous assessed
$31,699,980
+0.0% YoY
Effective rate
2.33%
On assessed value
Assessed land
$3,768,810
Assessed improvement
$27,931,170
Land market value
$3,768,810
Improvement market value
$27,931,170
Total market value
$31,699,980
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2000
Construction
TILT-UP CONCRETE
Heating
YES
Stories
1
Total area
530,100 SF
Lot
28.84 ac (1,256,270 SF)
Zoning code
Z109
APN
38190610020010000
UPID
US82-4065933
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z109 · Mesquite, TX
Zoning Z109 · permitted uses
Z109 · Mesquite, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mesquite. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2000
Construction
TILT-UP CONCRETE
Heating
YES
Stories
1
Lot
28.84 ac
Current owner
From public records · entity-resolved
Lcg2i 1201 Chase Road LLC
Entity
Mailing address
1 BEACON ST STE #1700, BOSTON, MA 02108-3106
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 9, 2025
—
Lcg2i 1201 Chase Road LLC
—
Deed
related
—
Jul 17, 2024
—
Lcg2i 1201 Chase Road LLC
Cicf I Tx1b03 LLC
Special Warranty Deed
$24,592,080 · Associated Bank NA
May 29, 2019
—
Cicf I-tx1b03 LLC
—
Deed
related
$127,959,000 · Miscellaneous Ins Co
Dec 1, 2016
—
Cicf I-tx1b03 LLC
Curci Mesquite Properties LP
Grant Deed
—
Apr 20, 2005
—
Mesquite Properties Curci
State Of California Public Employ
Grant Deed
$26,650,000 · Morgan Stanley Mtg Capital INC
Apr 15, 2005
—
Curci Mesquite Prop LP
Owner Name Unavailable
Grant Deed
related
$26,650,000 · Morgan Stanley Mtg Capital INC
—
—
Cicf I-tx1b03 LLC
—
Deed Of Trust
related
$127,959,000 · Miscellaneous Ins Co
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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