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

    1525 Mariposa Dr Mesquite, TX 75150-5673

    • Warehouses
    • 17,614 SF
    • 1.12 lot acres
    OFF-MARKET
    Last Sale
    Jul 05, 2023
    Value Estimations
    $530,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-2929151
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • BIZZY BEE AUTO / Motor Vehicle Dealer
    • Exodus Construction, Inc. / Construction Company
    • ABLE Masonry & Stucco, LLC / Masonry Contractor
    • Bizzy Bee Auto Sales LLC / Used Car Dealer
    • Industrial Transmission Solutions Inc. / Corporate Office

    Property Details for 1525 Mariposa Dr

    Year built
    1983
    Construction
    TILT-UP CONCRETE
    Lot size
    1.12 lot acres
    Property size
    17,614 SF
    Zone code
    Z61
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    381065500523A0000
    APU
    381065500523A0000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $530,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $481,000
      Market price range: $445k - $1.09M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Mesquite
    County
    Dallas
    State
    Texas
    Longitude
    -96.6206
    Latitude
    32.7944
    CBSA code
    19100
    CBSA name
    DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $18,866
    $194,890
    $613,280
    $808,170
    -
    $194,890
    $613,280
    $808,170

    Comparable in this City

    • Value Estimation
      $1,250,000
      53,334 SF

      3003 Big Town Blvd

      MINI-WAREHOUSE, STORAGE • 53,334 SF
      3003 Big Town Blvd, Mesquite, TX 75150-2411
      View Details
    • Value Estimation
      $625,000
      12,000 SF

      4340 Interstate 30

      MINI-WAREHOUSE, STORAGE • 12,000 SF
      4340 Interstate 30, Mesquite, TX 75150-2026
      View Details
    • Value Estimation
      $440,000
      10,200 SF

      419 Us Hwy 80th E

      MINI-WAREHOUSE, STORAGE • 10,200 SF
      419 Us Hwy 80th E, Mesquite, TX 75150-5826
      View Details
    • Value Estimation
      $315,000
      5,160 SF

      2525 Westwood Dr

      MINI-WAREHOUSE, STORAGE • 5,160 SF
      2525 Westwood Dr, Mesquite, TX 75150-8630
      View Details
    • Value Estimation
      $365,000
      10,360 SF

      2143 Gus Thomasson Rd

      MINI-WAREHOUSE, STORAGE • 10,360 SF
      2143 Gus Thomasson Rd, Mesquite, TX 75150-5373
      View Details
    • Value Estimation
      $905,000
      28,800 SF

      3811 Gus Thomasson Rd

      MINI-WAREHOUSE, STORAGE • 28,800 SF
      3811 Gus Thomasson Rd, Mesquite, TX 75150-3632
      View Details

    Similar Nearby for Sale

    • $3,600,000
      34,420 SF

      Texas Self Storage Portfolio

      273+ Units, Value-Add Opportunity
      3818 Town Blvd, Mesquite, TX 75150
      View Details
    • Contact for pricing
      100,000 SF

      I-635 & Hwy 80 Warehouse For Sale

      Mesquite, TX Industrial Warehouse - 100k+ SF
      0 Nec Of I-635 & Us Hwy 80, Mesquite, TX 75150
      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
    • Contact for pricing
      3.97 Acres

      Mesquite Self-Storage Land

      3.97-acre development site, I-30 access.
      0 I-30 & Dr, Mesquite, TX 75150
      View Details
    • $1,195,000
      4,495 SF

      Mesquite Office Building - $1.195M

      Prime Mesquite Office/Flex Space, High Visibility
      2736 Towne Centre Dr, Mesquite, TX 75150
      View Details
    • $995,000
      0.46 Acres

      Mesquite Commercial Property with Office

      Gated commercial property with new office, ideal for storage.
      2425 Edinburgh St, Mesquite, TX 75150
      View Details

    Similar Nearby for Lease

    • $14 SF/Yr
      47,743 SF

      Mesquite TX Office/Warehouse Complex

      Modern Office & Warehouse Space in Mesquite, TX
      2200 Franklin Dr, Mesquite, TX 75150
      View Details
    • Contact for pricing
      13,199 SF

      Mesquite I-30 Business Park Office

      Fully Leased, Prime Mesquite Location.
      3129 I-30, Mesquite, TX 75150
      View Details
    • Contact for pricing
      14,137 SF

      Mesquite Medical Office Space For Lease

      Prime Medical Office Suites Available in Dallas County
      3434 Towne Crossing Blvd, Mesquite, TX 75150
      View Details
    • Contact for pricing
      82,941 SF

      Driftwood Village Executive Suites

      Mesquite, TX Office Space For Lease
      3501 Gus Thomasson Rd & Nwc Of Town Blvd, Mesquite, TX 75150
      View Details
    • Contact for pricing
      3,060 SF

      Retail Space on Gus Thomasson

      Retail property with 3,060 square feet available for rent.
      4550 Gus Thomasson Rd, Mesquite, TX 75150
      View Details
    • Contact for pricing
      587 SF

      Retail Space in Mesquite, Texas

      Retail space available at Gus Thomasson Center in Mesquite.
      5220-5230 Gus Thomasson Rd, 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.
    1525 Mariposa Dr
    Mesquite, TX 75150-5673
    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

    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.