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Property profile & analytics
FOR SALE
Turn key restaurants
3904 Towne Crossing Blvd Mesquite, TX 75150
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US83-3551437
For Sale
1 / 2
$3,185,000
3904 Towne Crossing Blvd, Mesquite, TX 75150
View Listing →
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1992
Construction
TILT-UP CONCRETE
Total area
7,374 SF
Lot
1.56 ac (67,736 SF)
Zoning code
Z31
APN
382160000B02E0000
UPID
US83-3551437
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
-
Expert Dry Ease Texas | Mold Removal Mesquite Hardware & Home Improvement Construction Company
-
El Fenix Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$470k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$570k
Blend (final)
Blend
$520k
Owner & transaction history
Woodson R & E Mgmt LLC · 7 yrs held
Woodson R & E Mgmt LLC
since 2018
7 recorded transactions
Zoning & alternative use
Z31 · 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
$470,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$830,000
Current use
Blend value · Realmo final
$520k
Range $468k – $572k · ±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
$71 / 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
$29,181
Tax year 2023
Assessed value
$1,250,000
Assessed 2023
Previous assessed
$1,250,000
+0.0% YoY
Effective rate
2.33%
On assessed value
Assessed land
$677,450
Assessed improvement
$572,550
Land market value
$677,450
Improvement market value
$572,550
Total market value
$1,250,000
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
Turn key restaurants
Use group
RESTAURANT
Status
For Sale
Year built
1992
Construction
TILT-UP CONCRETE
Heating
YES
Stories
1
Total area
7,374 SF
Lot
1.56 ac (67,736 SF)
Zoning code
Z31
APN
382160000B02E0000
UPID
US83-3551437
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z31 · Mesquite, TX
Zoning Z31 · permitted uses
Z31 · 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
RESTAURANT Current
Est. value
$830,000
RESTAURANT Current
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
1992
Construction
TILT-UP CONCRETE
Heating
YES
Stories
1
Lot
1.56 ac
Current owner
From public records · entity-resolved
Woodson R & E Mgmt LLC
Entity
Mailing address
1845 WOODALL RODGERS FWYC, DALLAS, TX 75201-2233
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 19, 2020
—
Firebird Mesquite INC
—
Deed
related
—
Dec 16, 2019
—
Firebird Mesquite INC
—
Deed
related
—
Aug 22, 2019
—
Firebird Mesquite INC
—
Deed
related
—
Nov 30, 2018
—
Woodson R & E Mgmt LLC
New Private Restaurant Prop Ll
Grant Deed
related
—
Aug 17, 2016
—
Firebird Mesquite INC
—
Deed
related
$43,953,750 · Capital One NA
Aug 5, 2016
—
New Private Restaurant Props L
—
Deed
related
$300,000,000 · Wells Fargo Bk
May 23, 2011
—
Firebird Restaurant Group Ll
—
Deed Of Trust
related
$22,709,824 · Capital One
Jun 2, 2008
—
Firebird Mesquite INC
Elfenix Corp
Grant Deed
$24,500,000 · Capital One
—
—
Firebird Restaurant Group Ll
—
Loan Modification
related
$19,140,540 · Capital One NA
—
—
Firebird Restaurant Group Ll
—
Deed Of Trust
related
$8,500,000 · Civitas Phoenix Fund LP
—
—
Firebird Mesquite INC
—
Deed Of Trust
related
$24,910,000 · B1bank
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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