Commercial Real Estate Investing

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Omar Torres
  • Investor
  • Dallas, TX
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What are steps to REZONE 11 acres to RESIDENTIAL?

Omar Torres
  • Investor
  • Dallas, TX
Posted Jan 29 2022, 00:52

Hey BP community, I'm a newbie when it comes to rezoning!

Our company recently went under contract for 11 acre in Mesquite, TX (HOT MARKET) at what I would think is a steeeep discount..the only way to really know if it's a smoking deal though is to find out if the city will allow us to build.
The land is currently zoned AGR-NEC & would like to rezone to SFR or MF to build apartments
My concerns are there's large power towers & a small creek running through a portion of the land, don't have a survey on hand either.

If anyone has experience dealing with city on rezoning & wouldn't mind dropping nuggets, I would greatly appreciate it! 
Interested to be an equity partner on this deal shoot me a DM! 

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