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    I-20 & Fm 2932 Cor Heath, TX 75126

    For Sale
    Contact for pricing

    5.87 Acres, High-Traffic Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 5.87-acre commercial land parcel presents a unique investment opportunity at the northwest corner of I-20 and FM 2932 in Heath, Texas, zip code 75126. Strategically located at a high-traffic intersection, this property offers unparalleled visibility and accessibility. The land is situated outside the city limits of both Forney and Mesquite, providing potential flexibility in development plans. Currently unzoned, this presents a blank canvas for a variety of commercial ventures. The property boasts paved access on both sides, ensuring convenient ingress and egress. Water service is provided by the City of Talty. The land is priced at $12 per square foot, representing a compelling value proposition given its prime location and development potential. With its significant acreage and strategic location, this property is ideal for businesses seeking high visibility and convenient access to major transportation arteries. The coordinates are 32.6994628 latitude and -96.4471708 longitude. This is a rare opportunity to acquire a substantial tract of land in a rapidly growing area.

    Property Features for I-20 & Fm 2932 Cor

    General Information

    Property type
    Land
    Lot Size
    255,697 SF

    HighLights

    • Located outside Forney and Mesquite city limits
    • Unzoned
    • Water service provided by City of Talty
    • Paved road access on both sides
    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

    Nearby Comparable

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    FAQs

    What type of property is this?
    Land - 5.87 Acres, High-Traffic Location
    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: Located outside Forney and Mesquite city limits; Unzoned; Water service provided by City of Talty
    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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