2.2 AC Mixed Use Commercial Land, Mesquite, TX

4737 Gus Thomasson Rd Mesquite, TX 75150

4737 Gus Thomasson Rd, Mesquite, TX, 75150
4737 Gus Thomasson Rd, Mesquite, TX, 75150 4737 Gus Thomasson Rd, Mesquite, TX, 75150
FOR SALE
Property Type:
Commercial Land Development
Amount:
$900,000
Last Verified:
May 23, 2023

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Introducing an exceptional opportunity to own mixed-use commercial land located in the vibrant city of Mesquite, TX. This prime land spans across 2.2AC, offering limitless possibilities for a wide range of development options. Located just 2 miles away from the Town East Mall area, this land enjoys a developing location that's sure to attract new residents and businesses. With various new apartments nearby, this area is experiencing a surge in demand for new retail and housing developments. CallisonRTKL Architecture firm conducted a feasibility study in 2019, which showed that up to 84 apartments and 14,400SF of retail space can be built on this land. Other feasibility study options show 72 apartments and 14,400SF of retail, or other townhomes/apartments/retail combinations. The possibilities are endless, and this land is ready for your creative vision. This mixed-use commercial land is the perfect opportunity for developers looking to take advantage of the growing demand for retail and housing in the Mesquite area. With its prime location, ample acreage, and limitless potential, this land is sure to provide an exceptional return on investment. Conversations we've had recently with the city EDC manager showed the city is very interested in getting the area developed and are willing to work with developers on adjusting the zoning and even provide funding to some projects. Don't miss out on this rare chance to make your mark in the dynamic city of Mesquite, TX. Contact us today to schedule a viewing and discover how this mixed-use commercial land can help you achieve your development goals.

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.