3304 Highway 77 Waxahachie, TX 75165
This exceptional 3.76-acre commercial land parcel in Waxahachie, Texas, presents a remarkable investment opportunity. Located at 3304 N Highway 77, this property boasts 433 feet of frontage on the heavily trafficked highway, ensuring high visibility for any business. The land is level and ready for development, ideal for a variety of commercial uses. The asking price is $1,500,000, translating to $1,315.79 per square foot. The property's zoning is designated as Commercial, allowing for a wide range of potential projects. The site's location is highly desirable, situated in an area experiencing significant growth with numerous new residential and retail constructions underway. This strategic location offers excellent access to a thriving community and substantial potential for future appreciation. Built in 1934, the land offers a blank canvas for a new commercial venture, capitalizing on the area's burgeoning development and prime highway visibility. The Ellis County address, zip code 75165, provides easy access to local amenities and transportation networks. This is a rare opportunity to acquire a substantial commercial land parcel in a rapidly developing area. Don't miss out on this chance to establish your business in a prime location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.