700 South Interstate Highway 45 Ennis, TX 75119
Commercial Sale, Other - Ennis, TX
Property Features for 700 South Interstate Highway 45
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- Lot size
- 0.21 Acres
Building Details
- Year built
- 1986
- Architectural style
- Other
Listing agent Dillon Newman License #822700,PersonLicenseNumber (972) 679-5886
Listing office NextHome Property Advisors 641 Highlander Ave., TX (972) 246-8297
Listing date Feb 9, 2026
Copyright © 2026 NextHome, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The site is directly off I-45 and positioned with high-visibility frontage along one of Ennis’ growth corridors, providing exposure to thousands of daily commuters. It also sits steps from the Buc-ee’s travel center, with an estimated 7,800+ vehicles passing daily, supporting strong day-to-day visibility for retail- and service-oriented concepts.
The current owner operates a business on-site and is ready to vacate with an accepted offer, making the property suitable for an owner-user looking to move in and operate immediately or for an investor seeking a flexible commercial asset. The space can support a range of uses such as automotive, tires, fabrication, warehouse storage, retail, mixed-use office, and other service-oriented businesses. Owner financing is available, and additional neighboring land (1 acre) may be available—ask the listing agent for details.
Key Highlights
- 2,540 SF shop and workshop warehouse on approx. 0.25 acres, built in 1986
- 2 bay doors with spacious work areas and durable concrete flooring
- Fully finished office space plus 2 bathrooms
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $22.9k | $9.00 |
| − Vacancy | −$2.1k | −$0.82 |
| EGI | $20.8k | $8.18 |
| − OpEx | −$3.1k | −$1.23 |
| NOI | $17.7k | $6.95 |