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Property profile & analytics
OFF-MARKET Estimated value $1,440,000
Retail space

18775 Lyndon B Johnson Fwy Mesquite, TX 75150-6408

10,856 SF 1.24 ac lot Built 2001
Entity Owned 5-yr Hold Free & Clear
Property ID
US83-4092287
Property summary
AI-generated overview

This exceptional 10,800-square-foot retail property, located at 18775 Lyndon B Johnson Fwy in Mesquite, Texas, presents a unique investment opportunity. Currently offering 5,400 square feet of vacant space, this multi-tenant building features two suites, each with a minimum divisible space of 5,400 square feet and a maximum contiguous space of 5,400 square feet. The property is ideally situated in Dallas County, zip code 75150, boasting high visibility and accessibility. Its prime location offers significant advantages for businesses seeking a strong presence in a thriving commercial area. The property includes ample parking with 54 spaces available for tenants and customers. The building's versatile design allows for a variety of uses, including retail and restaurant establishments, with the potential for medical uses as well. Benefit from the high traffic generated by neighboring businesses such as McDonald's and a Home Depot outparcel. This property is perfect for a single tenant seeking a large space or for two tenants looking for approximately 5,400 square feet each. Don't miss this chance to secure a prominent location in a bustling Mesquite commercial corridor.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2001
Construction TILT-UP CONCRETE
Total area 10,856 SF
Lot 1.24 ac (54,189 SF)
Zoning code Z237
APN 381241000B0020000
UPID US83-4092287
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
  • Duran Inc Big Box & Wholesale Store Building Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.59M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.44M
Owner & transaction history
Knza Holdings LLC · 5 yrs held
Knza Holdings LLC
since 2020
Last sale
$1.2M
7 recorded transactions
2020
Price N/A
2020
$1.2M
2014
Price N/A
2009
Price N/A
2006
Price N/A
2005
Price N/A
2001
Price N/A
Zoning & alternative use
Z237 · Mesquite, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $1.4M +120.4%
Restaurant $1.2M +99.6%
Office building $935,000 +52.6%
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