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Property profile

0 32.734948 -96.560827 Mesquite, TX 75181

OFF-MARKET
Retail properties & Spaces
0.81 ac lot
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Property summary

AI-generated overview

This exceptional investment opportunity presents several pad sites and adjacent land totaling between 0.81 and 13.09 acres. Strategically located at the highly visible, signalized intersection of Faithon P Lucas Sr Blvd and Cartwright Rd in Mesquite, Texas, this property benefits from its proximity to a soon-to-open Neighborhood Market Walmart. The site's exceptional visibility and accessibility are further enhanced by its location across the street from Horn High School, boasting a student population exceeding 3,000. This presents a unique opportunity to capitalize on the significant student traffic and the substantial residential growth in the area. Within a two-mile radius, the completion of several residential developments – Solterra, Arcadia, Valley Brooke, and Ridge Ranch – will add over 20,000 residents, creating a substantial increase in potential customers. The property is zoned for a variety of uses, including bank, commercial, and quick-service restaurant (QSR) establishments, offering flexibility for diverse development plans. This prime location, coupled with the anticipated population surge, makes this a compelling investment opportunity with significant long-term growth potential. The property is classified as Land, Office, and Retail. Dallas County location and 75181 zip code ensure easy access to major transportation routes.

Property profile

Verified
Property type Retail properties & Spaces
Lot 0.81 ac (35,284 SF)

Cap rate & NOI

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

Location

32.734948 -96.560827 Mesquite, TX 75181
Mesquite metro
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Value estimations

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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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