I-20 & Fm 2932 Cor Heath, TX 75126
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.