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    I-20 & Fm 2932 Cor Heath, TX 75126

    Sponsored
    For Sale
    Contact for pricing

    23 Acres, High-Traffic Location, Mesquite, TX

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 23.24-acre commercial land parcel presents a unique investment opportunity in Mesquite, Texas. Strategically located at the southwest corner of I-20 and FM 2932, this property boasts significant visibility and accessibility. With 1140 feet of frontage on I-20, it benefits from an impressive daily traffic count of 36,362 vehicles, ensuring high exposure for any future development. Currently zoned AG (agricultural), this land offers considerable potential for a variety of commercial uses, subject to city approvals. The property's size and location make it ideal for a wide range of commercial ventures. The low annual property taxes of $78.00 reflect the current agricultural exemption. The land is priced at $6 per square foot, representing a compelling value proposition given its prime location and high traffic volume. This property is situated within the city limits of Mesquite, offering convenient access to essential infrastructure and amenities. Serious inquiries are encouraged to explore the development possibilities of this exceptional commercial land offering. The property's location provides unparalleled access to major transportation arteries, making it an attractive site for businesses seeking high visibility and convenient access for customers and employees. This is a rare opportunity to acquire a substantial land parcel in a rapidly growing area.

    Property Features for I-20 & Fm 2932 Cor

    General Information

    Property type
    Land
    Lot Size
    1,012,334 SF

    HighLights

    • 23.24‑acre lot.
    • 1,140 feet of I‑20 frontage.
    • Daily traffic count: 36,362 vehicles on I‑20.
    • AG (Agricultural) zoning.
    • $78.00 annual property taxes (agricultural exemption).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Heath
    County
    Mesquite
    State
    Texas
    Longitude
    -96.4471708
    Latitude
    32.6994628

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    FAQs

    What type of property is this?
    Land - 23 Acres, High-Traffic Location, Mesquite, TX
    Where is this land located?
    The property is located at I-20 & Fm 2932 Cor Heath, TX.
    What are key features of this property?
    This property features: 23.24-acre lot.; 1,140 feet of I-20 frontage.; Daily traffic count: 36,362 vehicles on I-20.
    Request Owner's contact information
    I-20 & Fm 2932 Cor Heath, TX 75126
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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
    I-20 & Fm 2932 Cor Heath, TX 75126
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