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Property profile & analytics
OFF-MARKET
Estimated value
$930,000
Medical Office Space
1675 Republic Pkwy Mesquite, TX 75150-6903
Entity Owned
21-yr Hold
~
Est. High Equity
Property ID
US82-3278157
Property summary
AI-generated overview
This exceptional mixed-use property, located at 1675 Republic Pkwy, Mesquite, Texas 75150, presents a lucrative investment opportunity. The 27,156 square foot building, constructed in 2005, sits on a 4-acre lot and is zoned CR. The two-story structure offers a versatile layout suitable for various office uses, including executive, medical, and traditional office spaces, as well as retail components. The asking price is $6,000,000, translating to $220.95 per square foot. Situated in Dallas County, this property benefits from a highly accessible location in Mesquite, Texas. Its substantial size and flexible zoning make it ideal for a range of businesses and investment strategies. The building's 2005 construction suggests a relatively modern infrastructure, minimizing immediate capital expenditure needs. This prime commercial real estate offering combines location, size, and versatility to create a compelling investment prospect. Serious inquiries are encouraged to explore this opportunity further.
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2005
Construction
FRAME
Total area
27,156 SF
Lot
4 ac (174,240 SF)
Zoning code
Z237
APN
380544000A0060000
UPID
US82-3278157
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
-
Williamson Detox Helpline Social Service Agency Medical Clinic
-
Krystal Family Clinic Medical Clinic
-
HeartPlace Mesquite Physician
-
Heart First Medical Clinic
-
Crystal Care Home Health Home Health Care Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$800k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.06M
Blend (final)
Blend
$930k
Owner & transaction history
Big Glee Properties LLC · 21 yrs held
Big Glee Properties LLC
since 2005
3 recorded transactions
Zoning & alternative use
Z237 · 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
$800,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$1,535,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$930k
Range $837k – $1.02M · ±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
$34 / 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
$76,710
Tax year 2023
Assessed value
$3,286,000
Assessed 2023
Previous assessed
$3,286,000
+0.0% YoY
Effective rate
2.33%
On assessed value
Assessed land
$435,600
Assessed improvement
$2,850,400
Land market value
$435,600
Improvement market value
$2,850,400
Total market value
$3,286,000
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
2005
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Total area
27,156 SF
Lot
4 ac (174,240 SF)
Zoning code
Z237
APN
380544000A0060000
UPID
US82-3278157
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z237 · Mesquite, TXZoning Z237 · permitted uses
Z237 · 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
RETAIL STORES
Est. value
$1.5M
RETAIL STORES
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
2005
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
2
Lot
4 ac
Current owner
From public records · entity-resolved
Big Glee Properties LLC
Entity
Mailing address
1675 REPUBLIC PKWY STE #200, MESQUITE, TX 75150-6902
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 5, 2016
—
Big Glee Properties LLC
—
Deed
related
$1,504,669 · Alliance Bank
Jul 5, 2005
—
Big Glee Properties LLC
Omenukor,david & Keyna
Warranty Deed
$3,000,000 · Zions First National Bank
May 13, 2005
—
Big Glee Properties LLC
Owner Name Unavailable
Grant Deed
related
$3,000,000 · Zions First National Bank
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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