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    12312 Fm 2932 Forney, TX 75126

    For Sale
    $784,080

    Two 1-acre commercial pads in Forney, TX

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional investment opportunity presents two prime 1-acre commercial outlots ideally situated at the intersection of I-20 and FM 2932 in Forney, Texas, within the Mesquite ETJ (Extraterritorial Jurisdiction). Priced at $784,080, or $18 per square foot, these pads offer unparalleled access and visibility. Boasting over 80,000 cars per day, this location ensures high traffic volume and significant exposure for any commercial venture. The property benefits from convenient access to I-20 and FM 2932, further enhanced by planned Texas Department of Transportation (TXDOT) improvements. These improvements include the removal of the Helms Trail Bridge and a significant upgrade to the FM 2932 bridge, expanding it to six lanes. Water is available on-site

    Property Features for 12312 Fm 2932

    General Information

    Property type
    Land

    HighLights

    • Two 1‑acre commercial outlots in Forney, TX, at I‑20 & FM 2932 intersection (Mesquite ETJ).
    • $784,080 total price, $18/SF.
    • High traffic count: over 80,000 vehicles daily, ensuring excellent visibility.
    • Convenient I‑20 and FM 2932 access, further enhanced by planned TXDOT improvements (Helms Trail Bridge removal, FM 2932 six‑lane expansion).
    • On‑site water available.
    • Strong potential due to minimal commercial development compared to significant residential growth in the DFW area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Wholesale Shop Auto Repair Shop Clothing Store Pharmacy Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Forney
    County
    Kaufman
    State
    Texas
    Longitude
    -96.4356313
    Latitude
    32.6995152

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    FAQs

    What type of property is this?
    Land - Two 1-acre commercial pads in Forney, TX
    Where is this land located?
    The property is located at 12312 Fm 2932 Forney, TX.
    What is the asking price?
    The asking price for this property is $784,080.
    What are key features of this property?
    This property features: Two 1-acre commercial outlots in Forney, TX, at I-20 & FM 2932 intersection (Mesquite ETJ).; $784,080 total price, $18/SF.; High traffic count: over 80,000 vehicles daily, ensuring excellent visibility.
    (214) 363-3900
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    12312 Fm 2932 Forney, 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
    12312 Fm 2932 Forney, TX 75126
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