103 Main StMesquite, TX 75149

For Sale
$565,000 View listing
  • Gas stations
  • 6,903 SF

Property Details for 103 Main St

Year built
1987
Construction
TILT-UP CONCRETE
Lot size
0.34 AC
Property size (Sq ft)
6,903 SF
Zone code
Z28
Property type
Gas stations
APN
380005000105R0000
APU
380005000105R0000

Description

This exceptional 2,693 square foot retail property, situated on a 0.08-acre lot at 103 W MAIN Street in the heart of Mesquite, TX, presents a rare investment opportunity. The building boasts three individual units, perfectly suited for a variety of businesses seeking a prominent downtown presence. Its strategic location on a main thoroughfare ensures high visibility and significant foot traffic, maximizing exposure and potential customer reach. The property's rich history adds to its unique appeal, offering a chance to own a piece of Mesquite's downtown legacy. This is an ideal location for businesses aiming to establish a prestigious and easily accessible storefront in a vibrant commercial district. The building's size and layout provide ample space for diverse business operations, while the prime location guarantees a steady stream of potential customers. This is a turnkey opportunity for savvy investors seeking a strong return on investment in a thriving Texas market. The property's excellent condition and desirable location make it a truly exceptional offering. Don't miss this chance to acquire a piece of Mesquite's downtown history and secure a thriving commercial enterprise. The asking price is $565,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,879,785
    6.5%
    $1,735,186
    7%
    $1,611,244
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,140,444
    Geo Method
    $5,208,056
  • Alternative Use

    Use
    Valuation
    Residential
    $1,463,694
    Hospitality
    $1,340,736
    Educational
    $1,115,476
    Medical
    $1,153,840
    Retail
    $1,735,186
103 Main St, Mesquite, Texas

Location Insight

City
Mesquite
County
Dallas
State
Texas
Latitude
32.767
Longitude
-96.5988
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
$7,820
$89,990
$245,010
$335,000
-
$89,990
$245,010
$335,000

FAQs

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