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Property profile & analytics
OFF-MARKET Estimated value $3,170,000
Office buildings

18601 Lyndon B Johnson Fwy Mesquite, TX 75150-5600

106,078 SF 2.8 ac lot Built 1976
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US82-4567717
Property summary
AI-generated overview

Town East Tower, a prestigious Class A office building in Mesquite, Texas, presents a unique investment opportunity. Located at 18601 Lyndon B Johnson Fwy, 75150, this seven-story building boasts 90,000 square feet of total space, situated on 3 acres of land in Dallas County. The property, built in 1976 and extensively renovated in 2012, offers multiple tenancy options with a minimum divisible space of 673 square feet and a maximum contiguous space of 1,998 square feet. Currently, there are 5,630 square feet of vacant space available across four suites. The building features ample parking with 250 spaces and elevators for convenient access to all floors. Recent upgrades totaling nearly $1 million have created a sophisticated and professional environment. This prime location offers easy access to major transportation routes and provides the amenities typically found in North Dallas. The building's traditional office layout is ideal for a variety of businesses seeking a high-quality, well-maintained space in a thriving area. This is a rare opportunity to secure office space in a well-established building with a proven track record of success.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1976
Construction FRAME
Total area 106,078 SF
Lot 2.8 ac (121,837 SF)
Zoning code Z31
APN 38215600010010000
UPID US82-4567717
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
  • Edward Jones - Financial Advisor: Mario G Ayala, AAMS® Financial Advisor
  • Acupuncture & Integrative Medical Center Medical Clinic Alternative Medicine Practice
  • AAA Treatment Program Social Service Agency Medical Clinic
  • JESSICA DERX LCSW Counselor
  • Clinic Apps Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.17M
Owner & transaction history
International Town East Tower LP · 4 yrs held
International Town East Tower LP
since 2022
2 recorded transactions
2022
Price N/A
1969
Price N/A
Zoning & alternative use
Z31 · Mesquite, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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