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Property profile & analytics
OFF-MARKET Estimated value $665,000
Specialty properties

1600 Gross Rd Mesquite, TX 75149-1317

7,000 SF 1.61 ac lot Built 2005
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US82-0337362
Property summary
AI-generated overview

This exceptional 0.77-acre commercial land parcel presents a unique investment opportunity in the thriving city of Mesquite, Texas. Located at 1600 Gross Rd, 75149, this property is zoned for retail and office use, offering considerable flexibility for a variety of development projects. Its strategic location provides unparalleled access to major transportation arteries, including Interstate 635 and U.S. Route 80, ensuring seamless connectivity to the broader Dallas-Fort Worth metropolitan area. The site benefits from a high-traffic location, situated between a veterinary clinic and an animal shelter, and directly across the street from Parkside mBaptist Church and Kids Quest Park. This high visibility and convenient access make it ideal for businesses targeting families and the local community. The asking price for this exceptional property is $500,000. Given its size, zoning, and location, this land parcel represents a compelling investment opportunity for developers seeking to capitalize on Mesquite's robust growth and strong market demand. The property is situated in Dallas County and offers significant potential for a variety of commercial ventures, including, but not limited to, daycares and medical offices.

Property profile
Verified
Property type Specialty properties
Use group VETERINARY, ANIMAL HOSPITAL
Year built 2005
Construction FRAME
Total area 7,000 SF
Lot 1.61 ac (70,306 SF)
Zoning code Z237
APN 65146262310330000
UPID US82-0337362
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Jim W. Airhart, D.V.M. Veterinary Clinic
  • Thrive Pet Healthcare Urgent Care - Mesquite Veterinary Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$475k
CAP Approach CAP
by Request
Comparable Approach Comparable
$861k
Blend (final) Blend
$665k
Owner & transaction history
Terravet Town East LLC · 6 yrs held
Terravet Town East LLC
since 2020
7 recorded transactions
2020
Price N/A
2020
Price N/A
2019
Price N/A
2017
Price N/A
2005
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Z237 · Mesquite, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $975,000 +48.7%
Restaurant $905,000 +38.2%
Auto repair, garage $870,000 +32.6%
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