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Property profile & analytics
OFF-MARKET
Estimated value
$3,025,000
Gas stations
1919 Oates Dr Mesquite, TX 75150-6801
Entity Owned
8-yr Hold
Free & Clear
Property ID
US83-3536172
Property profile
Verified
Property type
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Year built
2001
Construction
TILT-UP CONCRETE
Total area
23,892 SF
Lot
7.95 ac (346,346 SF)
Zoning code
Z61
APN
381189500B2AR0000
UPID
US83-3536172
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
-
Mesquite Mitsubishi Car Dealership
-
Southwest Kia Mesquite Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.03M
Owner & transaction history
Salehoun Family LP · 8 yrs held
Salehoun Family LP
since 2018
7 recorded transactions
Zoning & alternative use
Z61 · 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
SERVICE STATION (FULL SERVICE)
$3,205,000
Current use
AUTO REPAIR, GARAGE
$2,975,000
Change: -7% · Conversion: Difficult
RESTAURANT
$2,690,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$3.03M
Range $2.72M – $3.33M · ±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
$127 / 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
$184,024
Tax year 2023
Assessed value
$7,883,000
Assessed 2023
Previous assessed
$7,883,000
+0.0% YoY
Effective rate
2.33%
On assessed value
Assessed land
$1,731,730
Assessed improvement
$6,151,270
Land market value
$1,731,730
Improvement market value
$6,151,270
Total market value
$7,883,000
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
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Status
Off-Market
Year built
2001
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Buildings
6
Stories
1
Total area
23,892 SF
Lot
7.95 ac (346,346 SF)
Zoning code
Z61
APN
381189500B2AR0000
UPID
US83-3536172
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z61 · Mesquite, TX
Zoning Z61 · permitted uses
Z61 · 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.
Alternative use value scenarios
Repositioning upside vs current use
SERVICE STATION (FULL SERVICE) Current
Est. value
$3.2M
AUTO REPAIR, GARAGE
Est. value
$3.0M
RESTAURANT
Est. value
$2.7M
SERVICE STATION (FULL SERVICE) Current
AUTO REPAIR, GARAGE
RESTAURANT
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
2001
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
6
Lot
7.95 ac
Current owner
From public records · entity-resolved
Salehoun Family LP
Entity
Free & Clear · 8 yrs held
Mailing address
3845 OAK LAWN AVE, DALLAS, TX 75219-4604
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 7, 2019
—
Salehoun Family LP
—
Deed
related
$4,350,000 · Other Institutional Lenders
Jul 27, 2018
—
Salehoun Family LP
—
Deed
related
$4,350,000 · Hyundai Capital America
Jun 27, 2018
—
Salehoun Family LP
Rrrei LP
Grant Deed
related
—
Oct 2, 2012
—
Rrrei LP
—
Deed Of Trust
related
$5,572,372 · Ford Motor Credit Co
Jan 25, 2008
—
Rrrei
Regency Lincoln Mercury INC
Grant Deed
related
—
—
—
Regency Lincoln-mercury INC
—
Deed Of Trust
related
$1,500,000 · Ford Motor Credit Co
—
—
Salehoun Family LP
—
Loan Modification
related
$4,350,000 · Other Institutional Lenders
—
—
Salehoun Family LP
—
Deed Of Trust
related
$4,350,000 · Hyundai Capital America
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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