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    67 Tbd Hwy Midlothian, TX 76065

    For Sale
    $6,000,000

    Prime 19.94-Acre Development Opportunity

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    313
    This exceptional 19.94-acre tract presents a remarkable commercial development opportunity in the rapidly expanding Midlothian, TX market. Boasting extensive road frontage directly off Highway 67, this unimproved land enjoys heavy daily traffic, ensuring high visibility for any future development. Currently zoned Planned Development (PD), the property is ideally suited for mixed-use retail and commercial projects. Proposed zoning is commercial, offering flexibility for a wide range of development concepts. Its strategic location provides convenient access to major highways, including proximity to Highway 287 (leading to Mansfield, Arlington, and Fort Worth), I-45 (via Waxahachie and Ennis), and I-35E (approximately 20 minutes to Waxahachie). The site benefits from the thriving economic growth of Midlothian, with nearby schools, shopping, and entertainment options. This area is experiencing significant commercial expansion, making this a truly exceptional investment for developers seeking a high-impact location with substantial growth potential. The property's size and versatile zoning allow for creative and lucrative development plans to flourish in this dynamic market. Don't miss this chance to capitalize on Midlothian's booming commercial sector.

    Property Features for 67 Tbd Hwy

    General Information

    Property type
    Other commercial real estate
    Lot Size
    868,586 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Midlothian
    County
    Ellis
    State
    Texas
    Longitude
    -97.00917
    Latitude
    32.48215

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    FAQs

    What type of property is this?
    Commercial real estate - Prime 19.94-Acre Development Opportunity
    Where is this commercial real estate located?
    The property is located at 67 Tbd Hwy Midlothian, TX.
    What is the asking price?
    The asking price for this property is $6,000,000.
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    67 Tbd Hwy Midlothian, TX 76065
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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
    67 Tbd Hwy Midlothian, TX 76065
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