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    116 Highway 77 N Waxahachie, TX 75165

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    For Sale
    $1,950,000

    Highly visible event center suitable for redevelopment.

    Lot size:
    1.45 Acres

    Property Features for 116 Highway 77 N

    General Information

    Lot size
    1.45 Acres

    Building Details

    Year built
    1999

    Source: Coldwell Banker Realty Agent James Strength

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

    Overview

    Event Center on Major Artery

    This property, formerly an event center, benefits from high visibility on a major thoroughfare. On-site concrete parking accommodates approximately 150 vehicles. The location is central to retail and commercial establishments, making it suitable for redevelopment into various uses such as a restaurant, retail space, church, or offices.
    Insight Report Location Intelligence

    Current Use by Public Records

    Everley Rose Event ... Event Venue

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Waxahachie
    County
    Ellis
    State
    Texas
    Longitude
    -96.843153
    Latitude
    32.40215

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    FAQs

    What type of property is this?
    Retail property - Highly visible event center suitable for redevelopment.
    Where is this retail property located?
    The property is located at 116 Highway 77 N Waxahachie, TX.
    What is the asking price?
    The asking price for this property is $1,950,000.
    What are key features of this property?
    This property features: - Highly visible location on a major road.; - Onsite concrete parking for approximately 150 vehicles.; - Suitable for various uses: restaurant, retail, church, offices, etc.
    Request Owner's contact information
    116 Highway 77 N Waxahachie, TX 75165
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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
    116 Highway 77 N Waxahachie, TX 75165
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