Property profile

2749 I-30 Mesquite, TX 75150

OFF-MARKET
Land
16.49 ac lot
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Property summary

AI-generated overview

This exceptional 16.49-acre commercial land parcel presents a prime multifamily development opportunity in Mesquite, Texas. Ideally situated near the northwest corner of Interstate 30 and Gus Thomasson Road, this property boasts excellent highway visibility and convenient access to major thoroughfares, including easy access to Interstate 635. A completed conceptual site plan outlines a two-phase development encompassing approximately 350 residential units. The property's location within Mesquite's North Gus Thomasson Corridor District allows for a variety of mixed-use developments, including pedestrian-friendly options. Its proximity to key amenities further enhances its appeal. The site is adjacent to the vibrant retail corridor surrounding Town East Mall, offering residents convenient access to shopping and dining. Furthermore, its close proximity to educational institutions like Eastfield College and Texas A&M University – Commerce Mesquite Metroplex Center adds to its desirability. The property's APN is 65054557910130200 and is zoned NGTC. This is a rare opportunity to capitalize on the strong demand for multifamily housing in this thriving area. The large lot size and strategic location make this an exceptional investment prospect. The address is 2749 I-30, Mesquite, TX 75150.

Property profile

Verified
Property type Land
Lot 16.49 ac (718,304 SF)

Cap rate & NOI

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

Location

2749 I-30 Mesquite, TX 75150
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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