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    271 N Ward Rd Midlothian, TX 76065

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    For Sale
    $725,000

    Land suitable for commercial, industrial, or residential development.

    Lot size:
    6.90 Acres

    Property Features for 271 N Ward Rd

    General Information

    Lot size
    6.90 Acres

    Building Details

    Year built
    1981

    Source: Your Team Realty Inc Agent Leslie Tapp

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

    Overview

    Land with Development Potential

    This property presents numerous commercial, industrial, or development opportunities. It is situated across the street from a large industrial park and in proximity to solar panel fields. A substantial new residential development is also planned nearby. The property is located outside the city limits, offering flexibility in usage. It features approximately 354 feet of road frontage on Ward Road.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Building Supply Wholesale Shop Auto Repair Shop Gym & Fitness Parking Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Midlothian
    County
    Ellis
    State
    Texas
    Longitude
    -97.0351992
    Latitude
    32.4803002

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    FAQs

    What type of property is this?
    Land - Land suitable for commercial, industrial, or residential development.
    Where is this land located?
    The property is located at 271 N Ward Rd Midlothian, TX.
    What is the asking price?
    The asking price for this property is $725,000.
    What are key features of this property?
    This property features: - Prime location across from a large industrial park.; - High development potential due to proximity to solar panel fields and a new residential development.; - Outside city limits with no known use restrictions.
    Request Owner's contact information
    271 N Ward Rd Midlothian, TX 76065
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    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
    271 N Ward Rd Midlothian, TX 76065
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