Property profile

I-30 And Galloway Dr Mesquite, TX 75150

OFF-MARKET
Land
33.68 ac lot
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Property summary

AI-generated overview

This exceptional 33.68 to 34.95-acre commercial land parcel presents a unique investment opportunity in Mesquite, Texas. Strategically located at the intersection of I-30 and Galloway Drive in Dallas County, zip code 75150, this property boasts significant frontage on I-30, ensuring high visibility and accessibility. The site is zoned for commercial use and all utilities are available, making it ready for immediate development. This location benefits from its proximity to key regional attractions and infrastructure, including a Lowe's anchored shopping center, the I-635 shopping corridor, and Town East Mall. Furthermore, the property's adjacency to Eastfield College (with an enrollment of 16,663 students) provides a substantial and consistent population base. The area is experiencing significant growth, with projects like the 980,000 square foot Urban District 30 (at the northeast corner of I-30 and I-635, projected to create 500 new jobs) and the new East Dallas Logistics Center (north of Kearney Street, estimated at 544,000 square feet by Q3 2020) underway. Direct access to both I-30 and North Galloway Drive provides unparalleled connectivity and ease of transportation. This property offers an exceptional opportunity for developers seeking a high-traffic, well-located site in a rapidly expanding area.

Property profile

Verified
Property type Land
Lot 33.68 ac (1,467,101 SF)

Cap rate & NOI

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

Location

I-30 And Galloway Dr 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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