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    77 1940 Waxahachie, TX

    For Sale
    $19,387,500

    New 2024 Tom Thumb development with long-term lease.

    Property size:
    58,750 SF
    Lot size:
    6.79 Acres

    Property Features for 77 1940

    General Information

    Size
    58,750 SF
    Lot size
    6.79 Acres

    Source: Trinity Real Estate Investment Services - Corporate Agent Brad Motley

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Freestanding Grocery Store in Waxahachie

    This freestanding grocery store is a new 2024 development located in Waxahachie, Texas, within the Dallas-Fort Worth Metroplex. The property, with a size of 58750 square feet, features a Tom Thumb grocery store. The lease has over 19 years remaining and minimal landlord responsibilities. The lease is guaranteed by Albertsons, the second-largest grocer in the U.S. with $80B+ in revenue.
    Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Similar Places Nearby

    Target Grocery

    Map

    City
    Waxahachie
    County
    Ellis
    State
    Texas
    Longitude
    -96.8483311
    Latitude
    32.3865312

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    FAQs

    What type of property is this?
    Grocery and convenience store - New 2024 Tom Thumb development with long-term lease.
    Where is this grocery and convenience store located?
    The property is located at 77 1940 Waxahachie, TX.
    What is the asking price?
    The asking price for this property is $19,387,500.
    What are key features of this property?
    This property features: - New 2024 Development Tom Thumb Grocery Store; - Rare Freestanding Grocery Store; - 19+ Years Remaining on Lease
    (817) 304-8916
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    77 1940 Waxahachie, TX
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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
    77 1940 Waxahachie, TX
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