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    501 W Main St Mesquite, TX 75149
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    501 W Main St Mesquite, TX 75149

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    • Warehouses
    • 1,840 SF
    • 0.18 lot acres
    For Lease
    $2,400 /Mo
    View Listing →
    Downtown Mesquite Office Space Available For Lease
    $2,400 /Mo

    Downtown Mesquite Office Space Available

    Office space in revitalizing Downtown Mesquite with high visibility.

    501 W Main Street, Mesquite, TX 75149
    View Listing
    Property ID
    US82-0165836
    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

    • Around The Clock Moving & Storage / Moving Company
    • Wild Rose Branding / Marketing & Advertising
    • Leonard's Express Inc / Trucking Company
    • Around the Clock Towing / Auto Repair Shop

    Property Details for 501 W Main St

    Year built
    1984
    Construction
    TILT-UP CONCRETE
    Lot size
    0.18 lot acres
    Property size
    1,840 SF
    Zone code
    Z28
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    38000500060010000
    APU
    38000500060010000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Mesquite
    County
    Dallas
    State
    Texas
    Longitude
    -96.6034
    Latitude
    32.7674
    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
    $5,309
    $23,390
    $204,030
    $227,420
    -
    $23,390
    $204,030
    $227,420

    Comparable in this City

    • Value Estimation
      $1,600,000
      75,968 SF

      800 Kearney St

      MINI-WAREHOUSE, STORAGE • 75,968 SF
      800 Kearney St, Mesquite, TX 75149-2610
      View Details
    • Value Estimation
      $1,435,000
      76,350 SF

      920 Us Hwy 80th E

      MINI-WAREHOUSE, STORAGE • 76,350 SF
      920 Us Hwy 80th E, Mesquite, TX 75149-1556
      View Details
    • Value Estimation
      $2,920,000
      95,140 SF

      955 Cartwright Rd

      MINI-WAREHOUSE, STORAGE • 95,140 SF
      955 Cartwright Rd, Mesquite, TX 75149
      View Details
    • Value Estimation
      $1,250,000
      67,458 SF

      3900 Forney Rd

      MINI-WAREHOUSE, STORAGE • 67,458 SF
      3900 Forney Rd, Mesquite, TX 75149-2719
      View Details
    • Value Estimation by Request
      4,200 SF

      1001 Dalworth Dr

      MINI-WAREHOUSE, STORAGE • 4,200 SF
      1001 Dalworth Dr, Mesquite, TX 75149-4149
      View Details
    • Value Estimation
      $2,165,000
      189,570 SF

      227 Town E Blvd

      MINI-WAREHOUSE, STORAGE • 189,570 SF
      227 Town E Blvd, Mesquite, TX 75149-2809
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      104,630 SF

      Corner Warehouse Near I-635

      Warehouse with upgraded fire sprinklers and electric fencing, near I-635.
      3033 Military Pkwy, Mesquite, TX 75149
      View Details
    • Contact for pricing
      19,951 SF

      Mesquite Warehouse with Heavy Power

      19,951 SF warehouse featuring 14' ceilings and three dock doors.
      3248 Executive Blvd, Mesquite, TX 75149
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    • $1,780,000
      Pending

      Mesquite Industrial Building with Expansion

      Industrial building in Mesquite with expansion potential and ample features.
      728 Dalworth Dr, Mesquite, TX 75149
      View Details
    • $175,000
      0.44 Acres

      Commercial Lot in Mesquite, TX

      Commercial land with high visibility in an established corridor.
      821 Military Pkwy, Mesquite, TX 75149
      View Details
    • $535,000
      5,528 SF

      Downtown Mesquite Main Street Property

      High-traffic auto shop, great location.
      517 Main St, Mesquite, TX 75149
      View Details
    • $155,000
      0.45 Acres

      Mesquite Commercial Land Opportunity

      Half-acre lot, prime Mesquite location.
      1622 Almond Dr, Mesquite, TX 75149
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Mesquite Warehouse with Ample Parking

      294,500 SF warehouse with trailer and outside storage.
      352 & Long Crk Rd, Mesquite, TX 75149
      View Details
    • Contact for pricing
      20,000 SF

      New Warehouse with Office Space

      20,000 SF warehouse with new office space for lease.
      2011 S Town East Blvd, Mesquite, TX 75149
      View Details
    • Contact for pricing
      186,720 SF

      Mesquite Warehouse Space Available

      186,720 square foot warehouse space for lease in Mesquite.
      4401 Samuell Blvd, Mesquite, TX 75149
      View Details
    • Contact for pricing

      Mesquite Warehouse with Highway Frontage

      157,873 SF warehouse with trailer parking and highway frontage.
      352 & Long Crk Rd -, Mesquite, TX 75149
      View Details
    • Contact for pricing
      203,488 SF

      High-Quality Industrial Facility Available

      203,488 SF warehouse and office space for lease.
      2800 Us Highway 80, Mesquite, TX 75149
      View Details
    • Contact for pricing

      Mesquite Warehouse Space Available

      Industrial warehouse space available for lease in Mesquite, Texas.
      700-720 Military Pkwy, Mesquite, TX 75149
      View Details

    Property Visit Statistics

    • Visits by month
      4.5k
    • Visitors by month
      3.8k
    • Avg Time on site
      5 min
    View Listing
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    Mesquite, TX 75149
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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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