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    8620 N I-45 Hwy N Palmer, TX 75152

    Under Contract
    For Sale
    $1,375,000

    Unimproved Land - Palmer, TX

    Type:Unimproved Land
    Lot size:
    16.00 Acres
    Days on Market:
    99
    Last Refresh:
    Dec 9 at 3:06 pm

    Property Features for 8620 N I-45 Hwy N

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active Under Contract
    APN
    178650
    Lot size
    16.00 Acres

    Building Details

    Architectural style
    Other

    ECMC, Ltd dba Keller Williams Realty (972) 938-2222 [email protected]

    Listing agent Farrah Tate (972) 938-2222 License #0772959

    Listing date Sep 2, 2025

    MLS# 20950478 Listing URL

    Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    16 Acres Commercial Land I-45

    This is a 16-acre commercial tract with frontage on I-45 North, located in Ellis County, outside of Palmer city limits. The property benefits from high visibility, with a traffic count of over 49,000 vehicles per day. Situated 25 miles south of Dallas, the site is suitable for industrial or commercial development. The land features flat, open terrain and flexible zoning potential. It is located in a high-growth corridor.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Palmer
    County
    Ellis
    State
    Texas
    Longitude
    -96.663193
    Latitude
    32.445084

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    FAQs

    What type of property is this?
    Land - 16 acres of commercial land with I-45 frontage.
    Where is this land located?
    The property is located at 8620 N I-45 Hwy N Palmer, TX.
    What is the asking price?
    The asking price for this property is $1,375,000.
    What are key features of this property?
    This property features: - Prime 16-acre commercial tract with I-45 frontage.; - High visibility location with over 49,000 vehicles per day.; - Located in a high-growth corridor just 25 miles south of Dallas.
    (972) 938-2222
    Request Owner's contact information
    8620 N I-45 Hwy N Palmer, TX 75152
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8620 N I-45 Hwy N Palmer, TX 75152
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