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    4200 Gus Thomasson Rd Mesquite, TX 75150
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    Property profile & analytics

    4200 Gus Thomasson Rd, Mesquite, TX 75150

    View on Map
    • Showrooms
    • 25,200 SF
    • 1.59 lot acres
    For Lease
    $1,000,000
    View Listing →
    Mesquite Retail/Office Space Available For Lease
    $1,000,000
    782 SF

    Mesquite Retail/Office Space Available

    Retail or office space available in Mesquite, Texas.

    4200 Gus Thomasson Rd, Mesquite, TX
    View Listing
    Property ID
    US82-2726719
    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
    $1,000,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • USA Mobile Drug Testing of Dallas / Business To Business Service
    • Precision Barber&Beauty Shop / Barber Shop
    • Conover Heating & Air / HVAC Service / General Contractor
    • LouieZ Boutique / Hair Salon / Nail Salon
    • NET Account Services / Law Firm / Security Service

    Property Details for 4200 Gus Thomasson Rd

    Year built
    1979
    Construction
    TILT-UP CONCRETE
    Lot size
    1.59 lot acres
    Zone code
    Z15
    Property type
    Showrooms
    APN
    38057600010010000
    APU
    38057600010010000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $745,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,255,000
      Market price range: $874k - $3.60M

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

    Location Insight

    • Map
    • Local Demand
    City
    Mesquite
    County
    Dallas
    State
    Texas
    Longitude
    -96.6421
    Latitude
    32.8211
    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
    $26,473
    $276,160
    $857,840
    $1,134,000
    -
    $276,160
    $857,840
    $1,134,000

    Comparable in this City

    • Value Estimation
      $1,370,000
      41,151 SF

      4445 Interstate 30

      SHOW ROOM, WAREHOUSE
      4445 Interstate 30, Mesquite, TX 75150-2029
      View Details
    • Value Estimation by Request
      5,000 SF

      2427 Franklin Dr

      SHOW ROOM, WAREHOUSE
      2427 Franklin Dr, Mesquite, TX 75150-4803
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    • Value Estimation
      $640,000
      12,000 SF

      3029 Mdws Blvd

      SHOW ROOM, WAREHOUSE
      3029 Mdws Blvd, Mesquite, TX 75150-6677
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    • Value Estimation
      $990,000
      26,400 SF

      3129 Interstate 30

      SHOW ROOM, WAREHOUSE
      3129 Interstate 30, Mesquite, TX 75150-2701
      View Details
    • Value Estimation
      $565,000
      7,062 SF

      4100 Interstate 30

      SHOW ROOM, WAREHOUSE
      4100 Interstate 30, Mesquite, TX 75150-2059
      View Details
    • Value Estimation by Request
      2,400 SF

      1515 Us Hwy 80th E

      SHOW ROOM, WAREHOUSE
      1515 Us Hwy 80th E, Mesquite, TX 75150-5621
      View Details

    Similar Nearby for Sale

    • $730,000
      4,898 SF

      Mesquite Commercial Building on Gus Thomasson

      Commercial building in high-traffic area with investment potential.
      4915 Gus Thomasson Rd, Mesquite, TX 75150
      View Details
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      5,942 SF

      Retail Outparcel in Mesquite, TX

      Retail property with national tenants and high visibility.
      19121 Lyndon B Johnson Fwy, Mesquite, TX 75150
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      4,495 SF

      Retail Property Near Town East

      Retail property with roll-up door, near Town East Mall.
      2736 Towne Centre Dr, Mesquite, TX 75150
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      12,000 SF

      Retail Property on Belt Line

      Retail space with high visibility and easy highway access.
      115 N Belt Line Rd, Mesquite, TX 75150
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    • $499,950
      0.66 Acres

      Mesquite Commercial Building on Gus Thomasson

      Commercial building in high-traffic area suitable for retail or office.
      4224 Gus Thomasson Rd, Mesquite, TX 75150
      View Details
    • $599,999
      0.49 Acres

      Renovated Highway Frontage Flex Space

      Renovated flex space with highway frontage and gated yard.
      3325 Ih 30, Mesquite, TX 75150
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,300 SF

      Retail Space with High Visibility

      Retail space with easy access and exterior renovations underway.
      3501 Gus Thomasson Rd, Mesquite, TX 75150
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    • Contact for pricing
      5,270 SF

      Retail Space Near Town East

      Retail space available in power center near Town East Mall.
      1344 N Town Blvd E, Mesquite, TX 75150
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    • Contact for pricing
      2,771 SF

      Retail Space in Mesquite, TX

      2,771 SF retail space available on LBJ Freeway.
      2501 Towne Crossing Blvd, Mesquite, TX 75150
      View Details
    • Contact for pricing
      1,184 SF

      Retail Space Near I-30

      Retail space with drive-thru potential near I-30 and LBJ.
      3215 N Town Blvd E, Mesquite, TX 75150
      View Details
    • Contact for pricing
      4,250 SF

      Retail Endcap Space Available

      4,250 SF endcap space available July 1, 2024.
      18661-18671 Lyndon B Johnson Fwy, Mesquite, TX 75150
      View Details
    • Contact for pricing
      2,802 SF

      Retail Space Near North Mesquite

      Retail space adjacent to North Mesquite High School.
      3220 Gus Thomasson Rd, Mesquite, TX 75150
      View Details
    View Listing
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    Mesquite, TX 75150
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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