US Hwy 80 Development Site

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Investment Overview

Marcus & Millichap is pleased to exclusively present for sale US Highway 80 Development Site, a 4.07-acre development opportunity located at 3000 United States Highway 80 East, Mesquite, Texas. The subject property is currently zoned Traditional Neighborhood Mixed Residential (TNMR) which is designed to support a variety of residential housing types within a walkable, neighborhood-style environment. This zoning allows for a mix of single-family homes, townhomes, and small-scale multifamily developments, promoting a traditional neighborhood character. The subject property is well-situated along U.S. Highway 80 east-bound, which feeds directly into Interstate 30, and into downtown Dallas. This site provides an ideal development opportunity to service the housing need in the immediate area. Additionally, the site features an income-producing, double-sided billboard, which creates an immediate cashflow opportunity for a new developer, allowing to off-set potential holding costs.

The city of Mesquite, Texas presents a compelling opportunity for new development and investment, driven by its strategic location, robust economic growth, and business-friendly environment. Situated at the intersection of major highways—Interstates 30, 635, 20, and U.S. Route 80—Mesquite offers seamless access to downtown Dallas, DFW International Airport, and the broader Dallas-Fort Worth metroplex. In 2024, Mesquite achieved a record-breaking $1.1 billion in economic development deals, resulting in the creation of approximately 3,500 new jobs. Notable investments include international clean energy firms Hexagon Purus and Hithium Tech USA, as well as aerospace and defense giant General Dynamics. The city’s total property valuation increased from approximately $13.5 billion in 2023 to $15.3 billion in 2024, reflecting its expanding commercial tax base. With a growing population of approximately 147,317 residents as of July 2023, a median household income of $71,843, and a median property value of $226,500, Mesquite demonstrates strong economic fundamentals. The city’s proactive approach to development, strategic location, and supportive business climate make it an attractive destination for commercial real estate investors seeking long-term growth and stability.

The Dallas-Fort Worth (DFW) Metroplex is one of the fastest-growing and most dynamic commercial real estate markets in the United States, offering investors a resilient economy, diverse industry base, and robust population growth. As of 2024, the DFW region is home to over 8 million residents, making it the fourth-largest metropolitan area in the nation. The area consistently ranks among the top in the country for job creation, with key sectors including finance, logistics, technology, healthcare, and corporate headquarters. DFW boasts a central location with major transportation infrastructure, including two international airports and extensive highway and rail networks, making it a hub for domestic and global commerce. Its business-friendly climate, affordable cost of living, and strong demand for industrial, office, retail, and multifamily properties continue to attract institutional investors and developers seeking long-term value and stability.