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    2698 Galloway Ave Mesquite, TX 75150

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    2698 Galloway Ave Mesquite, TX 75150


    • Medical Office Space
    • 17,178 SF
    • 1.36 lot acres
    Mesquite Medical Office Building Investment For Sale
    $4,000,000
    17,178 SF

    Mesquite Medical Office Building Investment

    High-yield medical office building in Mesquite, TX.

    2698 Galloway Ave, Mesquite, TX 75150
    View Listing
    Property ID
    US82-2023053
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Jeremiah Kassahun Sisay / Physician
    • Terrell Orthopedic Clinic / Physician
    • Suresh Margassery - Dallas Renal Group / Physician / Medical Clinic
    • Cancer Center Associates / Professional Services
    • Antonio Barksdale MD - Mesquite / Pediatrician / Physician

    Property Details for 2698 Galloway Ave

    Year built
    2003
    Construction
    TILT-UP CONCRETE
    Lot size
    1.36 lot acres
    Property size
    17,178 SF
    Zone code
    Z31
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    38092550013R20000
    APU
    38092550013R20000

    Description

    This single-story, 17,178 square foot medical office building, situated on 1.35 acres in Mesquite, Texas, presents a compelling investment opportunity. Built in 2003 and extensively renovated in 2023, the Class B property boasts a desirable location at 2698 N Galloway Ave, zip code 75150, within Dallas County. The building features two suites, currently offering 3,159 square feet of vacant space, divisible into units ranging from 711 to 2,448 contiguous square feet. Ideal for various medical practices, the property benefits from an existing tenant base and presents immediate occupancy potential. The building is currently operating at a 7% cap rate. No elevators are present. This property offers a blend of established tenancy and readily available space, making it an attractive prospect for investors and medical professionals alike. The property's recent renovation ensures modern amenities and functionality. The address is easily accessible and well-suited for patient and staff convenience. This is a rare opportunity to acquire a well-maintained medical office building in a thriving Texas market.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $785,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $848,000
      Market price range: $668k - $1.51M
    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $1,205,000
      Current use
      RETAIL STORES
      $970,000
      Change: -20% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Mesquite
    County
    Dallas
    State
    Texas
    Longitude
    -96.61
    Latitude
    32.8012
    CBSA code
    19100
    CBSA name
    DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $61,863
    $150,950
    $2,499,050
    $2,650,000
    -
    $150,950
    $2,499,050
    $2,650,000
    View Listing
    More about this property
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