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Property profile & analytics
OFF-MARKET Estimated value $695,000
Strip malls

3434 Towne Xing Blvd Mesquite, TX 75150-2782

14,137 SF 0.86 ac lot Built 1985
Entity Owned 8-yr Hold ~ Est. High Equity
Property ID
US82-1990825
Property summary
AI-generated overview

This exceptional medical office building, located at 3434 Towne Crossing Blvd in Mesquite, Texas, offers a fantastic opportunity for healthcare professionals seeking versatile and well-situated space. The property boasts a total of 14,137 square feet, currently featuring multiple tenants. A significant portion of the building is available for lease, with flexible suite sizes ranging from 1,412 to 3,293 square feet, catering to a variety of practice needs. The building's classification as both retail and office space provides added flexibility and potential for diverse uses within the medical field. Situated in Dallas County, this location benefits from excellent accessibility and visibility, ensuring high patient traffic and convenient access for staff. The property's zip code is 75150. The building's strategic location within Mesquite, Texas, offers a thriving community and a strong patient base. With 4,705 square feet currently vacant, this presents a unique chance to establish or expand a medical practice in a desirable and well-maintained facility. The property is categorized as a multi-tenant building, offering a collaborative environment for healthcare professionals. This is an ideal opportunity to secure prime medical office space in a high-demand area. Contact us today to schedule a viewing and explore the possibilities.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1985
Construction TILT-UP CONCRETE
Total area 14,137 SF
Lot 0.86 ac (37,449 SF)
Zoning code Z31
APN 382160000D0010000
UPID US82-1990825
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
  • Pearle Vision Physician
  • Mesquite Eyecare Physician
  • Dat Nguyen, O.D. Physician
  • Andrew Mueller Dental Office
  • Accents Furniture Furniture & Home Goods
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$610k
CAP Approach CAP
by Request
Comparable Approach Comparable
$781k
Blend (final) Blend
$695k
Owner & transaction history
Mike Malamut C LLC · 8 yrs held
Mike Malamut C LLC
since 2017
4 recorded transactions
2023
Price N/A
2017
Price N/A
2017
Price N/A
2002
Price N/A
Zoning & alternative use
Z31 · Mesquite, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $995,000 +70.1%
Retail stores $800,000 +36.7%
Warehouse, storage $590,000 +1.2%
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