Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,090,000
Showrooms
1616 Range Dr Mesquite, TX 75149-1692
Entity Owned
10-yr Hold
Free & Clear
Property ID
US83-3699530
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1985
Construction
FRAME
Total area
16,000 SF
Lot
1.44 ac (62,639 SF)
Zoning code
Z31
APN
380034600001R0000
UPID
US83-3699530
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
-
ZIMOCO MOTORCARS MBENZ Auto Repair Shop
-
Meinert Motor Werks Auto Repair Shop
-
Speedy's Tire and Muffler (Bike/Boat/Book/etc) Store Auto Parts Store
-
INFAMOUS AUDIO Electronics & Wireless Store Auto Parts Store
-
Da Print Plug Custom T-Shirt Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.09M
Owner & transaction history
Mesquite Shopping Center LLC · 10 yrs held
Mesquite Shopping Center LLC
since 2015
4 recorded transactions
Zoning & alternative use
Z31 · 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
$68 / 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
$22,068
Tax year 2023
Assessed value
$945,340
Assessed 2023
Previous assessed
$945,340
+0.0% YoY
Effective rate
2.33%
On assessed value
Assessed land
$219,240
Assessed improvement
$726,100
Land market value
$219,240
Improvement market value
$726,100
Total market value
$945,340
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1985
Construction
FRAME
Heating
OTHER
Stories
1
Total area
16,000 SF
Lot
1.44 ac (62,639 SF)
Zoning code
Z31
APN
380034600001R0000
UPID
US83-3699530
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z31 · Mesquite, TX
Zoning Z31 · permitted uses
Z31 · 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
1985
Construction
FRAME
Heating
OTHER
Stories
1
Lot
1.44 ac
Current owner
From public records · entity-resolved
Mesquite Shopping Center LLC
Entity
Free & Clear · 10 yrs held
Mailing address
406 CRESTFIELD CT, SUNNYVALE, TX 75182-3232
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 24, 2015
—
Mesquite Shopping Center LLC
Mlcfc 2007-9 Range Retail LLC
Grant Deed
—
Oct 7, 2014
$2,965,000
Mlcfc 2007-9 Range Retail LLC
Seay Warren JR
Trustees Deed
related
—
Jul 26, 2007
—
D & J Real Estate Holdings INC
Mathew Dinny
Special Warranty Deed
$2,965,000 · Countrywide Commercial Real Estate Finan
Jul 10, 2006
—
Mathew Dinny
Harris,grady
Grant Deed
$1,800,000 · Grady Harris
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1616 Range Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
