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    14860 Highway 77 Italy, TX 76651

    For Sale
    $1,500,000

    High-Income Potential, Excellent Location

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional 22.51-acre commercial property in Italy, Texas, presents a lucrative investment opportunity. Strategically located near the intersection of US Highway 77 and with close proximity to Interstate 35, this site boasts unparalleled access to major transportation arteries, connecting it to Dallas, Fort Worth, Waco, Hillsboro, and Corsicana. The property is conveniently situated just minutes from Interstate 35, nestled between Texas Highway 34 and Texas Highway 22 on US Highway 77. Significant investment has already been made in the property

    Property Features for 14860 Highway 77

    General Information

    Property type
    Other commercial real estate
    Lot Size
    980,536 SF

    Building Details

    Year Built
    2023
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Wholesale Shop Hotel & Motel Auto Parts Store Auto Repair Shop Storage Facility Electrical Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Italy
    County
    Ellis
    State
    Texas
    Longitude
    -96.89648
    Latitude
    32.17758

    Nearby Comparable

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      Versatile Warehouse and Office Space

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      13.51 Acres with I-35 Frontage

      13.51 acres with I-35S frontage, suitable for residential or agricultural use.
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    • $155,000
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      Commercial Building in Italy, TX

      Updated commercial building suitable for office, daycare, or gym.
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    • $219,999
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      Downtown Italy Commercial Office Space

      Five-office suite with kitchen, conference room, and restroom.
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      79.6 Acres Developable Land Italy

      79.6 acres of flat, developable land near Italy, TX.
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    Nearby Similar for Sale

    • $155,000
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      Commercial Building in Italy, TX

      Updated commercial building suitable for office, daycare, or gym.
      108 W Main St, Italy, TX 76651
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    • $1,200,000
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      Versatile Warehouse and Office Space

      14,000 SF warehouse with office on 1.4+ acres.
      509 Clark St, Italy, TX 76651
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    • $129,000
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      Versatile Commercial Space in Italy, TX

      Adaptable commercial property with open floor plan and convenient features.
      117 E Main St, Italy, TX 76651
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    • $219,999
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      Downtown Italy Commercial Office Space

      Five-office suite with kitchen, conference room, and restroom.
      115 W Main St, Italy, TX 76651
      View Details
    • Contact for pricing
      0.75 Acres

      I-35E Restaurant Pad Sites in Italy, TX

      Prime Restaurant Pads near I-35E & Dale Evans Dr
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    FAQs

    What type of property is this?
    Commercial real estate - High-Income Potential, Excellent Location
    Where is this commercial real estate located?
    The property is located at 14860 Highway 77 Italy, TX.
    What is the asking price?
    The asking price for this property is $1,500,000.
    Request Owner's contact information
    14860 Highway 77 Italy, TX 76651
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    14860 Highway 77
    Italy, TX 76651
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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
    14860 Highway 77 Italy, TX 76651
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