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    2111 Marshall Rd Waxahachie, TX 75167

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    For Sale
    $500,000

    5-acre commercial property near Highway 287 and I-35E.

    Lot size:
    5.06 Acres

    Property Features for 2111 Marshall Rd

    General Information

    Lot size
    5.06 Acres

    Source: Ebby Halliday, REALTORS Agent Laura Bumgarner

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

    Overview

    Prime 5-Acre Commercial Land

    This 5-acre commercial property is located just outside the city limits. The property is positioned in an area experiencing significant growth. There are no known restrictions on the property. The large gravel area at the front of the property could be used for RV storage. The property is designated as ag exempt and is not located within a special flood hazard area. Electricity is available at the street, and plumbing is already on the lot. The property is conveniently situated near Highway 287 and I-35E, providing access to Waxahachie, Midlothian, and Dallas and Fort Worth.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Law Firm Building Supply Auto Repair Shop Clothing Store Auto Parts Store HVAC Service Storage Facility Cafe & Coffee Shop Women's Store Carpet & Flooring Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Waxahachie
    County
    Ellis
    State
    Texas
    Longitude
    -96.880898
    Latitude
    32.443496

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    FAQs

    What type of property is this?
    Land - 5-acre commercial property near Highway 287 and I-35E.
    Where is this land located?
    The property is located at 2111 Marshall Rd Waxahachie, TX.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: - 5-acre commercial property with no known restrictions, allowing for diverse development opportunities.; - Strategic location just outside city limits in a rapidly growing area.; - Convenient access to Highway 287 and I-35E, providing easy commutes to Waxahachie, Midlothian, Dallas, and Fort Worth.
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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
    2111 Marshall Rd Waxahachie, TX 75167
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