Technical
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Property profile

4718 Lasater Rd Mesquite, TX 75181

OFF-MARKET
Land
0.33 ac lot
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Property summary

AI-generated overview

This exceptional 0.33-acre industrial land parcel presents a unique investment opportunity in Mesquite, Texas. Strategically located at the northwest corner of IH-20 and Lasater Road, this property benefits from its prime position within a rapidly developing area. Currently zoned for industrial use, the site aligns perfectly with the city's Comprehensive Future Land Use Plan, which designates this corridor for Interstate Development, making it an ideal location for various industrial ventures. The property's proximity to the planned Mesquite IH-20 Business Park TIRZ, a 248-acre development encompassing industrial, retail, and commercial uses, further enhances its value and potential. The area is experiencing significant growth, with a new QuikTrip convenience store under construction across IH-20, and over 10,000 new single-family homes currently being built in nearby subdivisions. Convenient access to major transportation arteries, including I-635 and US-175, provides easy connectivity to Downtown Dallas and Mesquite Airport. The property's APN is 65071678610440000. This is a rare opportunity to acquire land in a high-growth area with excellent infrastructure and access to key transportation routes. The asking price is $99,000. Don't miss this chance to capitalize on the burgeoning development in Mesquite.

Property profile

Verified
Property type Land
Lot 0.33 ac (14,375 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hardware & Home Improvement HVAC Service

Location

4718 Lasater Rd Mesquite, TX 75181
Mesquite metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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