3131 Belt Line RdSunnyvale, TX 75182

Property Details for 3131 Belt Line Rd

Year built

1965

Construction

FRAME

Lot size

1.02 AC

Property size (Sq ft)

6,731 SF

Zone code

Z137

Property type

Specialty properties

Property subtype

Day care centers & nurseries

APN

65140068010170900

APU

65140068010170900

Description

This exceptional investment opportunity presents a well-established daycare center in Mesquite, Texas, ideally situated at 3131 N Belt Line Rd, 75182. The property boasts a substantial 11,934 square feet of retail space spread across two, two-story buildings, situated on a generous 4.166-acre lot. Built in 1983, this daycare center has a proven track record, operating successfully for over four decades under single ownership. A key feature is its expansive playground, perfectly complementing the substantial licensed capacity of 244 students. The property is offered as a single-tenant lease, providing a stable and predictable income stream. The lease rate is $4.25 per square foot, NNN (Net, Net, Net). Located in Dallas County, this property benefits from its convenient location in Sunnyvale, Texas, offering excellent accessibility and visibility. The property's size, established history, and high student capacity make it an attractive proposition for investors seeking a stable and profitable daycare investment. This is a rare opportunity to acquire a turnkey daycare center with significant growth potential. The property's substantial land area also offers potential for future expansion or development.

• CAP approach

  CAP return

  Valuation

  6%

  $1,218,847

  6.5%

  $1,125,090

  7%

  $1,044,726

• Comparable approach

  Method

  Valuation

  Relative Method

  $952,452

  Geo Method

  $2,038,111

• Alternative Use

  Use

  Valuation

  Residential

  $1,427,224

  Hospitality

  $1,307,329

  Educational

  $1,087,682

  Medical

  $1,125,090

  Retail

  $1,691,951

Location Insight

City

Sunnyvale

County

Dallas

State

Texas

Latitude

32.8089

Longitude

-96.5963

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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