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    32.734948 -96.560827 Mesquite, TX 75181

    For Sale
    Contact for pricing

    Prime retail land near new Walmart.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional investment opportunity presents several pad sites and adjacent land totaling between 0.81 and 13.09 acres. Strategically located at the highly visible, signalized intersection of Faithon P Lucas Sr Blvd and Cartwright Rd in Mesquite, Texas, this property benefits from its proximity to a soon-to-open Neighborhood Market Walmart. The site's exceptional visibility and accessibility are further enhanced by its location across the street from Horn High School, boasting a student population exceeding 3,000. This presents a unique opportunity to capitalize on the significant student traffic and the substantial residential growth in the area. Within a two-mile radius, the completion of several residential developments – Solterra, Arcadia, Valley Brooke, and Ridge Ranch – will add over 20,000 residents, creating a substantial increase in potential customers. The property is zoned for a variety of uses, including bank, commercial, and quick-service restaurant (QSR) establishments, offering flexibility for diverse development plans. This prime location, coupled with the anticipated population surge, makes this a compelling investment opportunity with significant long-term growth potential. The property is classified as Land, Office, and Retail. Dallas County location and 75181 zip code ensure easy access to major transportation routes.

    Property Features for 0 32.734948 -96.560827

    General Information

    Property type
    Restaurants
    Lot Size
    35,284 SF

    HighLights

    • Walmart‑anchored pad sites available at the hard corner of Faithon P Lucas Sr Blvd and Cartwright Rd, Mesquite, TX.
    • Signalized intersection location.
    • High‑traffic location across from Horn High School (3,000+ students).
    • Significant population growth anticipated (20,000+) with completion of nearby residential developments (Solterra, Arcadia, Valley Brooke, and Ridge Ranch).
    Property Profile Location Intelligence

    Current Use by Public Records

    Banks

    Map

    City
    Mesquite
    County
    Dallas
    State
    Texas
    Longitude
    -96.559352890388
    Latitude
    32.734664165531

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    FAQs

    What type of property is this?
    Restaurant - Prime retail land near new Walmart.
    Where is this restaurant located?
    The property is located at 32.734948 -96.560827 Mesquite, TX.
    What are key features of this property?
    This property features: Walmart-anchored pad sites available at the hard corner of Faithon P Lucas Sr Blvd and Cartwright Rd, Mesquite, TX.; Signalized intersection location.; High-traffic location across from Horn High School (3,000+ students).
    Request Owner's contact information
    32.734948 -96.560827 Mesquite, TX 75181
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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
    32.734948 -96.560827 Mesquite, TX 75181
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