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Property profile & analytics
OFF-MARKET
Car washes

1601 Bruton Rd Mesquite, TX 75149-5702

1,600 SF 0.34 ac lot Built 1984
Entity Owned 20-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US83-0911157
Property summary
AI-generated overview

This exceptional 1,600 square foot retail property located at 1601 W Bruton Road, Mesquite, TX, presents a prime redevelopment opportunity. Situated on a 0.34-acre corner lot, this commercially zoned property boasts high visibility and heavy traffic flow on a main road. The existing structure includes a small room facing the main road, equipped with kitchen components, ideal for a variety of food service or retail uses. Previous use as a snow cone stand highlights the property's potential for quick-service restaurants or similar businesses. Existing infrastructure includes signage and a drive-thru, significantly reducing start-up costs. The property is zoned COMMERCIAL GENERAL RETAIL, allowing for diverse uses including food service, office space, and general retail. This location benefits from a significant increase in residential density, with 288 new units expected to enter the market by Fall 2025, ensuring a growing customer base. This is a rare chance to acquire a well-located, versatile property with significant upside potential in a thriving area. The asking price is $285,000.

Property profile
Verified
Property type Car washes
Use group CAR WASH
Year built 1984
Construction FRAME
Total area 1,600 SF
Lot 0.34 ac (14,928 SF)
Zoning code Z97
APN 38099500010250000
UPID US83-0911157
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Andrew Oakwood Investments LLC · 20 yrs held
Andrew Oakwood Investments LLC
since 2005
2 recorded transactions
2005
Price N/A
1969
Price N/A
Zoning & alternative use
Z97 · Mesquite, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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