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    4737 Gus Thomasson Rd Mesquite, TX 75150

    For Sale
    $799,999

    Unimproved Land - Mesquite, TX

    Type:Unimproved Land
    Lot size:
    2.20 Acres
    Days on Market:
    90
    Last Refresh:
    Dec 11 at 3:06 am

    Property Features for 4737 Gus Thomasson Rd

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    38027500160420200
    Lot size
    2.20 Acres

    Utilities

    Heating system
    Other (Heating)

    Building Details

    Year built
    2022
    Architectural style
    Other

    Wisdom REALTORS (972) 836-7325

    Listing agent Rita Gozlan-Derjavetz (903) 600-0616 License #0579999

    Listing date Sep 13, 2025

    MLS# 20516548 Listing URL

    Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Commercial Land Opportunity

    This 2.20-acre mixed-use commercial land parcel presents a development opportunity. A 2019 feasibility study by Callison RTKL Architecture suggests potential for constructing up to 84 apartments and 14,400 square feet of retail space. Alternative feasibility studies indicate options for 72 apartments with 14,400 square feet of retail, or combinations of townhomes, apartments, and retail. Located in Mesquite, Texas, the Economic Development Department is interested in the area's development and offers incentives for suitable projects.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mesquite
    County
    Dallas
    State
    Texas
    Longitude
    -96.651607
    Latitude
    32.827258

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    FAQs

    What type of property is this?
    Commercial land - 2.20-acre mixed-use commercial land suitable for development in Mesquite, TX.
    Where is this commercial land located?
    The property is located at 4737 Gus Thomasson Rd Mesquite, TX.
    What is the asking price?
    The asking price for this property is $799,999.
    What are key features of this property?
    This property features: - 2.20 acre mixed-use commercial land; - Feasibility study shows potential for up to 84 apartments and 14,400 SF of retail; - Multiple feasibility study options available (72 apartments/retail or townhomes/apartments/retail combinations)
    (903) 600-0616
    Request Owner's contact information
    4737 Gus Thomasson Rd Mesquite, TX 75150
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    Mesquite, TX 75150
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    Realmo Value Estimation

    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.

    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.

    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
    4737 Gus Thomasson Rd Mesquite, TX 75150
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