18640 Lyndon B Johnson FwyMesquite, TX 75150

  • Medical offices
  • 13,462 SF
For Lease
$20/SF/YR View listing

Property Details for 18640 Lyndon B Johnson Fwy

Year built
2004
Construction
TILT-UP CONCRETE
Lot size
0.72 AC
Property size (Sq ft)
13,462 SF
Zone code
Z237
Property type
Medical offices
Property subtype
Medical centers
APN
382143000A0050000
APU
382143000A0050000

Description

This Class A, 13,462 square foot medical office building, located at 18640 Lyndon B Johnson Fwy in Mesquite, Texas 75150, offers multiple turnkey dental suites. Built in 2003 and extensively renovated in 2020, the two-story building provides a modern and functional space for healthcare professionals. Currently, 4,536 square feet of vacant space is available, divisible into units ranging from 2,017 to 2,519 contiguous square feet. The property features ample parking and is strategically located on Highway 635, offering high visibility and easy access for patients and staff. Its contemporary design and flexible floor plans allow for customization to meet the specific needs of various medical practices. This prime location in a thriving Mesquite community provides exceptional convenience and accessibility. The building's modern amenities and convenient location make it an ideal opportunity for dental practices seeking a high-quality, turnkey space.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,493,805
    6.5%
    $2,301,974
    7%
    $2,137,547
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,656,438
    Geo Method
    $3,546,646
  • Alternative Use

    Use
    Valuation
    Residential
    $2,854,447
    Hospitality
    $2,614,658
    Educational
    $2,175,365
    Medical
    $2,250,179
    Retail
    $3,383,901
18640 Lyndon B Johnson Fwy, Mesquite, Texas

Location Insight

City
Mesquite
County
Dallas
State
Texas
Latitude
32.8034
Longitude
-96.6254
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
$73,535
$203,350
$2,946,650
$3,150,000
-
$203,350
$2,946,650
$3,150,000

FAQs

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