3220 Gus Thomasson Rd Mesquite, TX 75150
Property profile & analytics
3220 Gus Thomasson Rd Mesquite, TX 75150
- Strip malls
- 36,300 SF
- 2.93 lot acres
Property ID
US82-0368742
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.
Location Intelligence
Current Use by Public Records
- Kelsom Clinic / Medical Clinic
- LabCorp / Medical Laboratory / Blood Testing Service
- Dr. Catherine N. Okoronkwo, MD / Physician
- Puzzle Piece Kids / Physician
- Elite Hair & Nails / Nail Salon
Property Details for 3220 Gus Thomasson Rd
- Year built
- 1985
- Construction
- TILT-UP CONCRETE
- Lot size
- 2.93 lot acres
- Property size
- 36,300 SF
- Zone code
- Z97
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 382180000201A0000
- APU
- 382180000201A0000
Description
This exceptional opportunity presents the acquisition of a well-established wig shop in Mesquite, Texas. Located at 3220 Gus Thomasson Rd, 75150, this Class B, single-story business boasts a strong reputation built on years of providing premium-quality wigs, hairpieces, and extensions to a loyal clientele. The business currently generates a Net Operating Income (NOI) of $70,000, resulting in a remarkable 93.33% capitalization rate. While the current lease expires on December 31, 2024, the asking price is $75,000, representing a price per square foot of $1,500. Pro forma projections indicate a NOI of $33,000 and a 44% capitalization rate, suggesting significant potential for growth and increased profitability under new ownership. All inventory, fixtures, and customer contacts are included in the sale, ensuring a seamless transition. The business benefits from a high-traffic location and a diverse customer base, with opportunities for expansion into new product lines, wholesale partnerships, and international markets. This turnkey operation is ideal for an owner-operator or investor seeking a profitable venture in the beauty industry. The business is situated in Dallas County, Texas.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $1,095,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,093,000
Market price range: $713k - $2.01M -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $1,500,000 Current use
- WAREHOUSE, STORAGE
- $1,515,000 Change: +1% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Mesquite
- County
- Dallas
- State
- Texas
- Longitude
- -96.6333
- Latitude
- 32.8086
- 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
$81,706
$764,560
$2,735,440
$3,500,000
-
$764,560
$2,735,440
$3,500,000
