Property profile

955 Northwest Dr Mesquite, TX 75150

OFF-MARKET
Land
2.58 ac lot
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Property summary

AI-generated overview

This exceptional 2.58-acre commercial land parcel presents a remarkable investment opportunity in the thriving city of Mesquite, Texas. Strategically located just off Interstate 30 and Interstate 635, this property benefits from exceptional visibility and accessibility, boasting over 170,000 vehicles passing daily. The site is zoned for General Retail use, allowing for a diverse range of development possibilities, including mixed-use projects. Existing infrastructure includes readily available city water and sewer connections, simplifying the development process. The property's proximity to major transportation arteries ensures convenient access for customers and employees alike. With a lease expiration date of June 5th, 2025, and a remaining lease term of approximately six months, this presents a unique chance to acquire a highly desirable location with significant development potential. The high traffic count and strategic location make this an ideal site for businesses seeking maximum exposure. Interested parties should contact the City of Mesquite directly to obtain detailed information regarding development requirements and regulations. This is a rare opportunity to secure a prime piece of commercial real estate in a rapidly growing area. The property's size and location make it suitable for a variety of commercial ventures, promising strong returns on investment.

Property profile

Verified
Property type Land
Lot 2.58 ac (112,385 SF)

Cap rate & NOI

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

Location

955 Northwest Dr Mesquite, TX 75150
Mesquite metro
Google Maps

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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